OSV’s research has revealed that British-made cars, such as Vauxhall, Roll Royce, Jaguar and Landrover, retain the most value in the first 12 months after purchase, an impressive 65.5% of their original value. Compared to vehicles produced by the likes of France and Italy, which on average retain only 46.2% and 46.7% respectively, it shows that the … [Read more...]
Industry
£6.5 Billion bill for new car buyers after Brexit
Brexit uncertainty and the prospect of increasing car prices could cost the new car market an estimated £6.5 billion. An estimated 377,000 motorists ‘strongly agree’ that Brexit is making them think twice about buying a new car, according to research by AA Cars, the used car website. Around a quarter of motorists predict leaving the EU will push up the … [Read more...]
Tradelines 19 April
Aston Martin has announced a three-year partnership with Glamorgan CC, which includes support for all the age-grade teams from Cricket Wales. Huw Mitchell, Commercial Partnerships Manager at Glamorgan County Cricket Club, said, “We are delighted to be working with such an iconic British company as Aston Martin and very proud that they have chosen to … [Read more...]
Government to fight vehicle cyber-hacking
A UK Government endorsed consortium of technology companies will develop anti-cyber systems for vehicles. Anti-hacking will become increasingly important as more models rely on autonomous driving systems and have safety implications if they're compromised. Greg Clark MP, Secretary of State for Business, Energy & Industrial Strategy, has given the … [Read more...]
Turning water into low carbon fuel
A partnership between Spanish car manufacturer SEAT and water services company Aqualia has led to the production and consumption of an innovative new biofuel. The benefits are twofold, responding to the major environmental challenges of both water waste and CO2 pollution. Turning wastewater into sustainable fuel reduces CO2 emissions by 80% … [Read more...]
£110 Million EV investment sparked by UK
Britain awarded £110 million to help boost manufacturing of electric vehicle batteries, including a project to build the country's second purpose-built electric battery plant and another to make the technology more powerful. The funding for 38 projects, including £62 million for low-emission cars and £31 million for self-driving vehicles, will help … [Read more...]
Tradelines 12 April
McLaren Automotive is celebrating the beginning of full production of the new 720S supercar, with the completion of the ‘Job#1’ car. The move to full production marks the beginning of a new chapter in the McLaren Automotive story, as the second generation of the Super Series – codenamed ‘P14’ – replaces the first generation, ‘P11’ model family … [Read more...]
Newslines 10 April
A Swedish court acquitted former top managers at Saab of tax evasion and fraud charges relating to their failed attempts to save the Swedish automotive brand, which went bust in 2011. Former Saab CEOs, Victor Muller and Jan Ake Jonsson, were accused along with five other people of forging documents to secure funding from Russian tycoon Vladimir Antonov … [Read more...]
EESW schools winners announced
Secondary schools from all over Wales have been taking part in the finals of the EESW Awards 2017. Split between north and south Wales, the competition was supported by Welsh Government, companies and universities. The so-called Big Bang event fair in north Wales saw main awards go to Ysgol Glan Clwyd, Alun School 1, Ysgol Friars 1 and Ysgol Uwchradd … [Read more...]
Per Aston ad astra
The largest ever gathering of Aston Martin models and their owners in Wales converged on St Athan yesterday to mark the official “move in” by the car maker. Historic and European models were assembled in the enormous ex-RAF hanger, which is being converted to an assembly hall for the new sports cars, as part of their Spring Concourse. There was a … [Read more...]
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