New data from one of the country’s leading insurance comparison websites revealed a 158% year-on-year rise in Welsh mobile mechanics taking out insurance for their sole traderships. Quotezone.co.uk figures also reveal a 71% year-on-year spike in new policies for full time motor trade businesses, and a 49% jump in cover for part time firms, in … [Read more...]
Fleets rethink contracts or pay the price, says FleetCheck
Some businesses are wasting tens of thousands of pounds agreeing to unrealistic mileages when selecting fleet vehicles. That’s the conclusion of FleetCheck, the software specialist who work behind the scenes analyzing business use and who say that predicting future mileage when writing new company car leases is going to be a key question for fleets as … [Read more...]
Automotive sector raises barrier to cyber-threat
ThreatQuotient, a leading security operations platform innovator, says its ThreatQthreat intelligence platform will be utilised by the Automotive Security Research Group (ASRG) to facilitate cyber threat intelligence sharing across the automotive industry. ASRG, a non-profit with over 6,000 members in 19 countries, supports the development of security … [Read more...]
Lamborghini enhance Huracán EVO
Automobili Lamborghini is enhancing the connected services offering in its Huracán EVO models. Lamborghini Connect comprising navigation, comfort, safety and entertainment functions and adds new ‘peace of mind’ services through connection to the Lamborghini UNICA app: a car-finder function, vehicle status report and geofencing functions such as remote speed … [Read more...]
Newslines 27 April
It’s the 20th anniversary of MINI being assembled in Plant Oxford by BMW Group. In early 2001, production began for MINI body parts in Swindon and on the 26 April the first new MINI rolled off the line in Oxford which has since built over 5 million cars and currently makes MINI 3-Door Hatch, MINI 5-Door Hatch, MINI Clubman and the MINI Electric, all on the … [Read more...]
Welshman to head Ford of Britain
Welshman and former Bridgend Engine Plant Manager Kieran Cahill will become chairman Ford of Britain on friday. Fifty-three-year old Cahill will replace Graham Hoare as Board Chair for Ford Motor Company Limited effective 30 April. In this role, Cahill will continue to ensure the board remains effective in setting and implementing the company’s direction … [Read more...]
Newslines 26 April
The new Fiat 500 electric model coming in a few weeks from £19,995 will self-regulate its battery use. Its range of up to 199 miles includes a monitoring system to cut down secondary power use and provide maximum range when it has about 30 miles left and it can be substantially recharged in 35 mins with a rapid box. The changing working arrangements mean … [Read more...]
Premiums dip to new low but expect rises
The average annual car insurance premium has dipped slightly to £602 in March 2021. This marginal decline from the previous month suggests the end of the big price falls and the average premium is still £110 cheaper than the same month last year. Dan Hutson, head of motor insurance, comparethemarket.com said,“The rapid fall in car insurance premiums, seen … [Read more...]
£50M orders for supercars in March by JBR Capital
Some £50M of pent-up demand for high performance vehicles is being unleashed onto the market, with leading finance provider JBR Capital experiencing record volumes of lending on models from Aston Martin, Ferrari, McLaren and Porsche in March. Porsche proved to be the most financed marque last month with the all-electric Taycan generating a large … [Read more...]
Newslines 23 April
To complement Nissan’s range of striking crossovers, 2022 will see the introduction of the fourth generation all-new X-Trail, whose world debut took place at Auto Shanghai 2021 this week. Like its cousin the All-New Qashqai, it will be based upon the Alliance CMF-C platform, which is the highly advanced architecture which was designed to accommodate … [Read more...]
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