The Q1 2021 Industry Outlook Survey by the Finance & Leasing Association shows that the asset finance, consumer finance and motor finance industry see opportunities for growth over the next year despite the heightened uncertainty caused by the latest restrictions to deal with the Covid-19 pandemic and the UK's lowest January registrations for 50 … [Read more...]
Industry
Newslines 8 February
The new Vauxhall Mokka B-SUV sector family car is now on sale from £20,735 to £34,970 over the 26-model range. It is sold with 100ps or 130ps 1.2 petrol and 110ps 1.5 diesel engines and also as fully electric with a certified 201 miles charged range and is roomier inside than the previous generation Mokka. The all-electric Mercedes-Benz EQA series is now … [Read more...]
Newslines 5 February
Ford has pulled the plug on a planned joint venture to build electric vehicles with China’s Zotye Automobile, the U.S. car maker said yesterday. Explaining the U-turn after four years of talks, Ford said China’s electric vehicle industry and policies had undergone major changes since the agreements were signed prompting Ford’s decision. The UK new light … [Read more...]
Europe expect car sales to rise 10% this year
After a year that saw the sharpest drop ever in EU car sales due to the COVID-19 pandemic, the European Automobile Manufacturers’ Association forecasts that 2021 will mark a first step on the path to recovery, with sales rising by about 10% compared to 2020. The fallout of COVID is expected to persist into the first quarter of 2021, but the car market … [Read more...]
Ford Fiesta is again Wales best seller
Welsh car buyers have restored the Ford Fiesta to top spot in the sales chart in January as UK registrations hit a 50 years low. Ford dealers registered 122 Fiestas last month, comfortably ahead of the 104 Kia Sportage, which was the top SUV among Welsh families and they were the only two models to exceed 100 sales in the month. Ford suffered badly in … [Read more...]
UK car sales hit 50 year low
Pressure is mounting for new car prices to be slashed after sales plunged to their lowest for 50 years in January. Buyers who cannot visit showrooms during lockdown and who are concerned about jobs and income have put the brakes on business and now manufactuers face fines if they cannot reduce their fleet average this autumn. More sales have moved on-line … [Read more...]
Kerbside charging essential to power up green drive
The Government has just announced a £20M boost for more EV charging, but incentives and technology to create kerbside charging should be laid out in next month's Budget, said the Association of Fleet Operators. Chair Paul Hollick said that around 40% of potential electric vehicle users lived in properties without drives and providing them with some form of … [Read more...]
Welsh taxi drivers get free Coronavirus protection
Taxi drivers in Wales will be better protected against catching Coronavirus. Russell George MS – Shadow Minister for Transport – has given a broad welcome by the initiative from the Welsh Government to introduce “free” PPE for taxi and PHV drivers in Wales, but questions why it has taken Labour so long to introduce the scheme. Mr George said that it is … [Read more...]
Concern mounts over drivers’ mental health
Fleets need to be aware of the growing impact of the pandemic on mental health and any subsequent safety risks to drivers, FleetCheck is warning. Peter Golding, managing director at the fleet software specialist, pointed to a new poll that showed 40% of people believed their mental health had become worse during the crisis. He said: “This is just … [Read more...]
Warranties surge as sales stagger
Warrantywise is one of Britain's largest car warranty companies and had a record year in sales growth. They are celebrating an outstanding 55% growth in sales year on year. Lawrence Whittaker, CEO of Warrantywise, attributes this to a number of reasons, "We've had a fantastic year for sales, and worked really hard on setting goals to … [Read more...]
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