Major investment by Caterham owner VT Holdings will increase production capacity by 50% to approximately 750 units per annum. New headquarters will house the production, engineering, motorsport and commercial teams and is due for completion by the end of this year. Volkswagen Commercial Vehicles is celebrating the launch of the new California Surf with a … [Read more...]
Ferrari still strongest car brand by reputation
Tesla accelerated to the front of the pack, taking pole position as the world’s most valuable automotive brand, with its value surging by 44% to USD66.2 billion, according to a new report from leading brand valuation consultancy, Brand Finance, but Ferrari remains the strongest brand. This makes it the world’s most valuable Automobiles brand for … [Read more...]
Weekend roadtest: GWM Funky Cat 1st Edition
The UK’s electric car revolution is becoming a bloody affair. From initially resisting the new technology on cost grounds including writing off established investments in petrol and diesel engine technology and having to develop hybrid or pure electric powertrains, along with making tens of thousands of workers redundant, manufacturers have struggled to … [Read more...]
New car sales slowly rising
The first quarter of 2023 has been positive for UK new vehicle sales, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. “It is extremely encouraging to see sales figures starting to emulate pre-pandemic trends, particularly for the plate change month of march and consecutive months of optimism and growth,” she said, … [Read more...]
Government is failing drive towards EVs
More than seven out of 10 car dealers (71%) say that not enough is being done to support the UK motor industry’s transition to electric vehicle manufacturing. March’s Startline Used Car Tracker shows that 50% believe that the blame lies with the government and 7% with motor manufacturers. Paul Burgess, CEO at Startline Motor Finance, said, “Electrification … [Read more...]
Beware of new insurance ‘admin fees’
Go.Compare car insurance says the number of policies that now charge admin fees has risen since this time last year. The comparison site has reviewed the 332 comprehensive car insurance products in the market in 2023 and compared the admin fees charged today, compared with the same fees charged in the same period in 2022. It found that the number of car … [Read more...]
Newslines 20 March
Bentley Motors revealed record financial results for 2022, with operating profits up nearly €1 billion compared to 2018. The latest annual figures show a profit of €708 million, representing an 82 per cent growth in profit from a four per cent growth in volume while turnover reached €3.38 billion, up 19 per cent over the same period and the announcement … [Read more...]
Addressing the gender divide in automotive industry
International Women’s Day presents the perfect opportunity to address one of the key imperfections of the automotive industry, the gender divide, said Sue Robinson, Chief Executive of the National Franchised Dealers Association on International Women’s Day 8 March. "Whilst there is a stark difference in numbers between male and female employees in the … [Read more...]
New car sales shrug off winter chill
Improving supply components and completed cars has seen another rise in registrations in February, according to the Society of Motor Manufacturers and Traders. Sales in Wales rose the most in Britain with a 29.6% increase to 2,370 new cars. SMMT datum show 74,441 cars were registered last month – a 26.2 per cent rise on February 2022’s lower numbers but … [Read more...]
Newcomers 6 March
Volkswagen Commercial Vehicles announces new trim level, California Surf, to the Transporter 6.1 model range, with prices starting from £68,234. Adding to the existing California range – consisting of Beach Tour, Beach Camper and Ocean – the new California 6.1 Surf sits between the Beach Tour and Ocean. It is equipped with essentials that make camping … [Read more...]
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