Used car buyers continue to put their faith in dealerships, according to new data from AA Cars, which shows a 40% surge in enquiries to AA Cars dealers at the start of the year. This news follows the launch of the AA’s Vehicle Inspections for dealers in February, with inspected cars automatically being listed on AA Cars. In March alone, the … [Read more...]
Insurance News
Dealer failings leave them open to prosecution & penalties
The average used car dealer is carrying out three provenance checks per vehicle over the course of a sale, according to data compiled by the RAC. Looking at typical usage of the recently launched RAC Passport for dealers, it appears that a check is made when they are considering acquiring a vehicle, once more when it is put on sale and again before it is … [Read more...]
Trade lines 11 May
Vauxhall announced the appointment of Alastair Cassels to the position of UK Retail Network Development Director, effective immediately. Alastair is an experienced and well-respected member of the Vauxhall team, having joined the company after completing a degree in Economics at Glasgow University and is promoted from his most recent position as Franchise … [Read more...]
Fleets expected to drive shift to autonomous vehicles
Risk management issues may see fleets become among the very earliest adopters of driverless cars, predicts Chevin Fleet Solutions. If the vehicles' technology is proven to drastically reduce at-fault accidents, the pressure for fleets to acquire them may be overwhelming, says managing director Ashley Sowerby. He said, "Driverless cars represent … [Read more...]
Motor insurance industry faces radical restructuring
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...]
Newslines 3 May
The first quarter of 2016 saw a 34% year-on-year increase in warranty sales for the RAC. The surge was driven by new dealers offering RAC warranties, more dealers joining the RAC BuySure programme, and a generally improved stock mix, said Sean Kent, director, corporate and independent dealers at The Warranty Group, the RAC's warranty partner. Kia is … [Read more...]
Drink-driving rise possible with new technology
New technology could lead to a rise in drink-driving, according to the latest survey of attitudes behind the wheel. Definitive research from The Co-operative Insurance has found many young drivers are misguided when it comes to driverless technology as a new report ‘Young people in the driving seat’ reveals a range of misconceptions, many with potentially … [Read more...]
Welsh sales team heading for really high level meeting
The sales team at North Wales-based motor finance technology specialist iVendi is aiming high for its monthly sales meeting on 12 April. It will be held at the top of Mount Snowdon, at 3,560 feet, the highest peak in Wales, with the team ascending via the fabled Pyg Trail. The walk is being sponsored in aid of a charity based within iVendi's Abergele … [Read more...]
Potholes pounding our cars
The Mercedes Benz R-Class (06-15) and Saab 9-3 (04-12) are the cars most likely to suffer suspension damage from potholes, according to repair analysis. Hyundai’s Santa Fe (06-12) and the Land Rover Discovery 3 (04-10) have the next most susceptible suspension, with 13.9 and 13.3 percent respectively of Warranty Direct customers claiming for axle & … [Read more...]
Older drivers facing end of the road in Wales
More than 3,000 motorists in Wales aged 70+ have had their driving licence revoked or refused due to a medical condition over the last three years, according to FOI data obtained by Confused.com. UK law requires drivers who reach the age of 70 to renew their licence every three years, with older drivers legally required to declare whether they are fit to … [Read more...]
