The RAC is urging retailers to cut the forecourt price of petrol to reflect the falling price of unleaded fuel on the wholesale market. The price of oil is currently the biggest factor affecting the price UK drivers pay at the pumps, and a barrel of Brent crude oil ended both Monday and last Friday under $45 – the first time it has dropped to this point since early May. The falling oil price … [Read more...]
Industry
UK new car sales go into reverse
Wales' football success is thought to have scored an own goal in car showrooms as new car sales dipped in June after four years of sustained growth. SMMT chief executive Mike Hawes said the industry had seen a cooling off in showrooms for a few months and it was too soon to attribute the dip of 0.8% to the Referendum vote. “It’s important Government takes every measure to restore business … [Read more...]
Trade lines
Customers interested in buying a Sorento who hold Caravan Club membership will benefit from an exclusive offer of £500 towards the parts and fittings of Kia genuine accessories from their local Kia dealership until 30 September 2016. Alongside other Q3 offers such as a £1,000 discount off a car when a customer takes a test drive, customers who wish to use their Sorento SUV for towing and … [Read more...]
Newslines 4 July
AA Ireland is being sold to a private insurance company. The business is recovering about £129 Million. Mitsubishi owners in Japan will get about £700 each from the company to offset calculated losses from false mileage claims over the last decade. The discrepancy was revealed by Renault Nissan which had models built for them by Mitsubishi and the row led to the resignation of the … [Read more...]
European wide road safety project may exclude UK
As the UK government begins contemplating the process for leaving the European Union, road safety charity Brake, is highlighting the need to make sure life-saving regulations and standards are not just maintained but improved upon. Road safety and the battle for sustainable transport in the UK is currently assisted by European Commission regulations and requirements in a number of … [Read more...]
UK car making is up 25% and CVs climb as well
UK car manufacturing output rose by a quarter in May, according to the Society of Motor Manufacturers and Traders. It recorded 150,802 cars were built in the month, a 26.4% jump compared with May last year. Production for domestic and export markets saw respective rises of 22.7% and 27.3%, as demand for UK-built cars around the world continues to grow. May’s increase was the biggest since … [Read more...]
UK Automotive is gaining ground, say car makers
The UK automotive industry continues to make significant gains in employment, economic contribution and environmental performance, says the Society of Motor Manufacturers and Traders. The industry body’s 17th annual Sustainability Report reveals that the automotive manufacturing sector turned over a record £71.6 billion in 2015. Jobs, production output and vehicle sales all grew while the … [Read more...]
Pump prices not fuelling EU exit row
A pump price rise has not fuelled the row over Britain voting to leave the EU, says the RAC. RAC fuel spokesman Simon Williams said, “Despite the dramatic fall in the strength of the pound in the aftermath of Britain’s referendum vote to leave the European Union there has not been as big an effect on wholesale fuel prices as might have been expected. This means forecourt prices may only rise … [Read more...]
Newslines 1 July
MotorLine Maserati of Cardiff sponsored a successful Polo in the Park event last weekend. The event in Pontcanna Fields attracted hundreds of spectators and guests who enjoyed the match series and display of Maserati cars, but also took advantage of an opportunity to meet the players (right), including Ed Williams from the Vale of Glamorgan, who captained the local side … [Read more...]
Newslines 28 June
Aston Martin has lost money for the fifth year in a row. It reported a pre-tax loss of £127.9 million in 2015 as the number of cars it sold fell below expectations, and it invested in expansion, including its new Welsh factory plans and in 2014, the company reported a pre-tax loss of £71.8 million and said that it had sold 3,615 cars last year, down from 3,661 in 2014. The UK's leading road … [Read more...]