Over 70% of fleet managers say the cost of vehicle repair influences the choice of vehicles in their fleet, according to new report ‘Fleet Managers, the pressures, challenges and opportunities.’ Being green is also a key factor with 56% making choices around the composition of their fleet based on protecting the environment. With more than 90% of motor … [Read more...]
Insurance News
Beware of holiday ‘hang ons’ with car hire
Holidaymakers planning to hire a car in the UK this summer should check the price of the car hire ‘extras’ they need, as the cost at the rental desk can differ by hundreds of pounds. That’s according to a study of Sixt, Europcar, Enterprise and Hertz in eight UK cities includding Swansea by iCarhireinsurance.com, provider of stand-alone car hire excess … [Read more...]
Newslines 4 August
Ferrari earnings have skidded because of supply chain and coronavirus pandemic issues. Earnings fell 60% to £111,680,000 in Q2 but the full year sales are expected to dramatically pick up by spring 2021 and be at the lower end of their original forecast or about £30 Billion. Fuel price rises recorded by the RAC this week will wipe out savings from cheaper … [Read more...]
Newslines 31 July
The cost of insuring a car has decreased by £80 over the past six months, according to new data from comparethemarket.com. It now costs an average of £1,182 to insure a car for those aged between 17-24 and while premiums have historically fluctuated throughout the year, average premiums remain significantly lower than the same time last year and are now at … [Read more...]
Tradelines 29 July
Sixty apartments costing up to £1.65M will be built overlooking the Silverstone GP racing track and come complete with a clubhouse and leisure facilities. The leasehold apartments with balconies will be fully managed and can be rented out when not in use by their owner who will benefit from access to all major meetings from May 2022. The UK’s … [Read more...]
Now learners return to school of mum & dad
The gradual easing of the coronavirus lockdown has seen more new drivers than ever opting to learn with another family member, suggests analysis of RAC Learner Driver Insurance data. With driving instructors unable to start giving tuition again until 4 July as a result of the pandemic, figures show just how eager new drivers were to get behind the wheel … [Read more...]
Tradelines 22 July
Two years since its market introduction, the Lamborghini Urus Super SUV, has reached the important milestone of the 10,000th car. The model with chassis number 10,000 is destined for Russia and is a landmark for the company which has seen its fortunes turn around as a result. Car insurance premiums decreased by £6 during June and now stand at an … [Read more...]
Newslines 20 July
With figures published by the RAC Insurance confirming a 56% leap in vehicle thefts over four years stolen vehicle recovery business Tracker is warning drivers that the figures could be significantly higher for 2020. New car production ground to a hold as a result of the global epidemic, causing delays to the supply chain and creating a shortage of spare … [Read more...]
Newslines 17 July
Range Rover and Range Rover Sport series have expanded to include a new family of 3.0 six-cylinder diesel engines with plug-in mild hybrid assistance. There are also some special edition trim versions including SV Autobiography Dynamic Black in the Range Rover. Two new pure electric crossovers have been announced as the industry gears up for a much greener … [Read more...]
Newslines 13 July
More than 150,000 motor vehicles were stolen in Great Britain in the year 2018-19, 10,000 above the year before and a 56% (54,932) increase compared to four years earlier, according to data analysed by RAC Insurance. Kent and Essex were the hot spots but North Wales has also seen a rise of 32% and researchers found in nearly half the case the thieves used … [Read more...]
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