The multi-billion pound motor insurance industry faces a period of radical restructuring as a result of the advent of autonomously driven cars. The number of crashes could drop by 80 per cent by 2035 and insurance premiums must plummet, a high-level panel discussion organised by Volvo Cars and Thatcham Research was told yesterday. Research by Swiss Re … [Read more...]
Industry
Majority want to drive and not be ‘autonomous accessories’
More than 65 per cent of motorists want to retain the right to drive even though driverless cars are coming, according to two new pieces of research. IAM RoadSmart – formerly the Institute of Advanced Motorists – conducted an independent survey of 1,000 British motorists and a separate poll among its 92,000 members. Those 65 per cent of motorists … [Read more...]
Mitsubishi facing collapse after lying about emissions for 25 years
Mitsubishi has lied about the fuel economy of its cars for the past quarter century and the company is now facing a collapse in its share value. It is now only worth half what it was last week after it admitted engineers falsified data since 1991, but only the Japanese models have reportedly been affected and no compensation for buyers has been outlined, … [Read more...]
Newslines 29 April
Ford has posted the highest quarterly pretax profit in its 113-year history. European operations earned more in the first three months than in all of 2015 and the automaker reported its best-ever results in North America, thanks to F-150 sales in particular, as Ford’s profit for the quarter was $3.8 billion, up from $1.7 billion a year earlier … [Read more...]
British car manufacturing is booming
British car manufacturing continued its strong growth in March with output increasing 9.8% to 159,074 units, according to the Society of Motor Manufacturers and Traders. Overseas demand showed the biggest gains, up 14.3% in the month, while production for the home market was broadly stable, falling slightly by -1.4%. It was a trend reflected in first … [Read more...]
Car makers want rapid change in emissions testing
Vehicle makers want the rapid introduction of Real Driving Emissions testing, says ACEA. The European Automobile Manufacturers’ Association takes note of the announcements of recent vehicle tests by Germany’s federal motor transport authority (KBA) as well as the UK Department for Transport. Both these announcements highlight the known differences … [Read more...]
Overloading outweighs new technology in vans
Advances in van safety technology could be undermined by dangerous overloading, warn the Society of Motor Manufacturers and Traders. Almost nine in 10 (88.5%) of the 2,381 vans weighed last year by the Driver and Vehicle Standards Agency were found to be overloaded, a worse record than the previous year in which 84% of the 3,337 checked were … [Read more...]
More vans than ever on UK roads
The number of vans on Britain’s roads has hit an all time high of 4 million. According to Motorparc data from the Society of Motor Manufacturers and Traders, a total of 4,007,331 vans are in use on UK roads, a 4.3% increase since the previous year. Demand for new vans in the UK is now at record levels: registrations grew 1.2% in the first quarter of … [Read more...]
Newslines 25 April
Brake is urging the government to make sure there are no delays to the implementation of new ‘real world’ car emissions tests scheduled for 2017. It’s after shocking results from an investigation across the whole industry by the Department for Transport in the wake of the VW emissions scandal when it was revealed many of their diesel cars’ emissions … [Read more...]
Emissions investigations widen as VW pays the price
German carmaker Daimler has opened an internal investigation into the way it certifies diesel exhaust emissions in the US. The Mercedes-Benz brand owner said it was conducting the probe at the request of the US Justice Department. It comes just days after Mitsubishi was forced into a humiliating confession emissions data may have been altered by its … [Read more...]
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