Thousands of drivers could see their car insurance rocket if new uncapped data is used by insurers. Since 2009, Thatcham's Group Insurance Rating has placed vehicles into a 1-50 system by using a capped algorithm to help insurers determine the cost of cover. While there are no plans to replace the current process, raw data shared as a result of taking the … [Read more...]
Majority drivers now considering ev as next car – survey
Some 63% of drivers are considering an EV for their next car, citing environmental benefits, being able to charge at home and being taxed less on their salary as the top three main reasons. Tusker runs a fleet of almost 20,000 cars, which is being transformed by the green revolution with EVs accounting for 50% of orders in 2020. In turn, its fleet has gone … [Read more...]
Ten steps to saving on premiums
Here are some eye-opening ways to scrutinize and save on your car insurance. Moneyshake car leasing has looked at 140 quotes and come up with some tips to tip the premiums in your favour, with a few surprising facts. Moneyshake’s Top Findings: Third-party, fire and theft is 60% more expensive than comprehensive cover Decreasing voluntary excess … [Read more...]
Garages drive to help those at risk
A survey carried out by the Independent Garage Association revealed that 88% are offering an MOT collection and delivery service for clinically extremely vulnerable and self-isolating people. The survey on behalf of the Driver and Vehicle Standards Agency also found 12% of garages who do not currently offer this service, two-thirds would be prepared to if … [Read more...]
£100,000 Ford Escorts reborn in Wales
The Welsh car industry has been boosted with the creation of a new manufacturer, MST Cars of North Wales. The motor-sport orientated bespoke builders of Ford Escort Mk1 and Mk2 road, race and rally cars in various specifications from £69,000 to over £100,000 has evolved from its competition parts' business. That was itself a development of … [Read more...]
E-vans benefits not explained say fleets
The new zero per cent benefit-in-kind rate for electric vans that takes effect on 6 April has been “underpublicised” when it should be helping lead to faster, wider adoption, says the Association of Fleet Operators. Chair Paul Hollick said that a key element of success in boosting demand for electric cars over the last year has been the low level of … [Read more...]
Remobilise for return to normal business
Fleets need to be thinking about how they will “remobilise” their operations as the pandemic ends, says epyx. The company points out that, if the planned vaccination programme now underway is implemented rapidly, something approaching the new normal’s version of business-as-usual could materialise quite quickly. Debbie Fox, commercial director, explained, … [Read more...]
Tradelines 20 January
Ineos Cars' boss Tom Crotty has denied it was forced to change its mind over building an assembly plant in Bridgend because of Brexit costs, despite being in favour of the split from the EU. He has said there was a ready made assembly plant offered by Mercedes as the German company had revised its plans for using its assembly plant on the French/ German … [Read more...]
Sparks to fly over ev decision making?
An emerging combination of shortages in both new vehicle supply and fleet management skills could lead to “poor decisions” being made as businesses move towards electrification, FleetCheck is warning. Very long lead times – caused by factors including Brexit, the pandemic and slow production ramp-ups in the switch to EVs – were being magnified as a problem … [Read more...]
AA moves into private car leasing
The AA is launching into the mobility market, beginning with existing members. Drivers can get on the road with a new inclusive personal car lease product in partnership with LeasePlan UK. Smart Lease offers unmatched transparency and certainty, allowing drivers to see the total cost of driving a vehicle over the course of the agreement. As long as the … [Read more...]
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