Almost half of used dealers (45%) say they have added cars from Chinese new entrants to their stock, according to new findings. February’s Startline Used Car Tracker shows 45% say they sell quickly, 33% they represent good value and 20% buyers like the cars on offer. However, 37% of motor retailers are waiting to see how reliable they prove to be, 20% … [Read more...]
Aston Martin car plant workers facing cuts
Scores of jobs are on the line in Aston Martin's St Athan plant. The luxury sports car brand today announced a 20% cut in its 3,000 strong workforce in Britain, mostly at its Gaydon HQ and St Athan plants. Aston Martin has confirmed the firm's net losses jumped 52% last year to £493.2m. It has this month announced plans to raise some capital by … [Read more...]
Newslines 24 February
Toyota’s successful three-year fixed price insurance offer is being extended to 31 March, giving customers the opportunity to obtain insurance cover with the same price guaranteed for three years. For example, the award-winning Aygo X Hybrid can be insured for just £450 a year with the offer, while the annual price for the Yaris hatchback and Yaris Cross … [Read more...]
FCA reportedly caving in to car makers over loans
Motorists hoping for big payouts for financial mis-selling by major car makers' associated arms look like losing out after all. Media reports this week indicated the Financial Conduct Authority has come down on the side of the car makers' finance providers and big banks to reject payments to customers. Under the plan said to be going through final stages … [Read more...]
Tesla changing plans and model drive
Tesla is turning away from cars to concentrate its autonomous Cybercab and robotics business. It has confirmed no current plans to expand its vehicle range, other than build a niche roadster, reports Fleet News. The financial results for Q4 saw a 3% drop in revenues to $24.9 billion (£18.2bn), while the business also saw a 61% year-over-year decline in net … [Read more...]
Used parts being recycled for fleets
Fleet use of checked, graded and provenanced recycled parts is being made faster and easier with a new partnership between epyx and The Green Parts Specialists. The deal means fleets can choose from the supplier’s online catalogue of 350,000 recycled parts for delivery or select a “supply and fit” option for engines and gearboxes. The supply and fit … [Read more...]
Tesla maintain top spot for UK EVs
Tesla continue to dominate the UK EV chart with total registations near 45,500 cars. Their Y and 3 models are way ahead of nearest rivals from Audi while Ford and BMW slog it out close together in 5th and 6th spots. The Skoda Enyaq is just behind the BMW i4 and Kia must be hoping its EV3 will grow sales in the sector as a new model has just been … [Read more...]
Most popular cars financed in 2025
Close Brothers Motor Finance highlights the most popular cars to finance in 2025. Zero Emission Vehicle mandate targets, fluctuating demand and changing consumer trends surrounding electric vehicles created a tricky landscape for manufacturers and dealers to contend with over the past 12 months. Ongoing economic uncertainty and concerns around factors such … [Read more...]
Car registrations rise amid warnings
Last year's new cars registration in Britain passed two million for the first time since the pandemic. But the Society of Motor Manufacturers and Traders said it was only due to makers' incentives estimated at £11,000 per electric vehicle which is an unsustainable figure and they want more Government support and buyers' encouragement. One in four of the … [Read more...]
Newslines 6 January
Diesels are dying in Europe. Latest registration figures analysed by GlogalData show October's European share of diesel engines was 10.4% but in November it dropped to 10% while BEV and Hybrid cars surged and are expected to accelerate this year after Germany introduces an ev-incentive. China's BYD brand is now outselling America's Tesla range. Combined … [Read more...]
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