With new multi-million pound backers from the Middle East, Aston Martin is giving its marque a new marketing strategy and reworking of its iconic winged badge. Designer Peter Saville has restyled the badge which is still produced in the Birmingham jewellery quarter. Channel Tunnel traffic has soared and pushed its operator’s income 206% over the previous … [Read more...]
Industry
Reducing risk of plunging fleet values
The vast majority of fleets purchase vehicles outright and then dispose of the assets privately once they have no more uses vehicles, a study has revealed. According to RAM Tracking’s Vehicle Buying Survey 2022, just 41% of fleets said they defy fleet conventions and purchase vehicles outright. The second most popular method of funding vehicles is via a … [Read more...]
Tolls to replace lost fuel duties and taxes
Road tolls are back on the Government's agenda. The fleet sector needs to start having a constructive discussion about the likelihood of road charging being introduced in the future and the kind of scheme it would like to see, says FleetCheck. Peter Golding, managing director at the fleet software specialist, said that the rapid growth in electric vehicles … [Read more...]
Holiday crawl begins this week
Huge jams are possible on UK roads at the end of this week as the summer getaway begins in unprecedented heat, says the RAC. Parts of the M4 in South Wales, the M5 in the West Country, M25 around London and the main roads to North Wales, the Lake District and popular coastal spots are expected to be the worst. The RAC is urging every driver to check their … [Read more...]
Genesis open book for third ev model
Genesis has revealed full pricing and specification for the Electrified GV70 SUV, the brand’s third all-electric vehicle following on from the GV60 and Electrified G80. Featuring an exceptional range, tranquil luxury and state-of-the-art electrical architecture, Electrified GV70 represents the latest step in Genesis’ commitment to deliver an all-electric … [Read more...]
MG announce revised electric models
MG has confirmed full pricing and specification of the new MG5 EV estate, available to order now with the first deliveries expected before the end of 2022. Reflecting MG Motor UK’s Get More trademark, buyers can choose between two specifications, both featuring fantastic levels of standard equipment, with the SE priced at just £30,995 and the Trophy at … [Read more...]
Newslines 15 July
Mercedes-Benz will continue holding a stake in Aston Martin through an investment fund. Aston Martin said today it was looking to raise £653 million pounds through a right issue to shareholders, bringing in Saudi Arabia's sovereign wealth fund as its second-largest shareholder after the Lawrence Stroll controlled Yew Tree Consortium and Mercedes-Benz AG … [Read more...]
Nonsensical new 20mph speed limit criticised
A decision to make all urban roads across Wales 20mph has been branded “nonsensical and deeply disappointing” by Natasha Asghar MS. Senedd members voted on the highly controversial scheme with the Welsh Conservatives voting against, and Plaid Cymru supporting Labour by giving it their backing. Natasha Asghar MS (above) – who represents South East Wales … [Read more...]
Knowing how long an EV battery will last before it’s made
Testing the lifespan of new electric vehicle battery designs could be made four-times quicker by a new streamlined process, researchers at the University of Michigan (UM) have claimed and reported by the Institute of Mechanical Engineers. The new ‘optimisation framework’ developed by the team could also reduce the cost of assessments for new designs, they … [Read more...]
Tradelines 13 July
Arval UK has more than doubled the number of electric vehicles (EVs) on its UK fleet in the 12 months to the end of June. There has been a 102% growth from 11,225 to 22,630 units, meaning that EVs now represent 12.2% of its total fleet – up from 6.4% at the same time last year and the total figure breaks down into a 98% increase in the number of electric … [Read more...]
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