Daimler will cut fixed costs, capital expenditure research and development costs more than 20% by 2025 compared with 2019 levels as part of a strategy overhaul to reposition Mercedes-Benz more upmarket as a luxury brand. The company’s ambition is to achieve a double-digit return on sales margin by doubling sales of Maybach branded cars, and ramping up … [Read more...]
Video calling is latest driving hazard
The rise in popularity of the likes of FaceTime, Facebook Messenger, WhatsApp and Snapchat for video calls is posing a new and present danger on roads. Amost one-in-five (18%) of drivers aged 17-24 admit taking part in video calls while behind the wheel, figures for the RAC Report on Motoring 2020 reveal. Younger drivers are more than twice as likely to … [Read more...]
Welsh drivers are leading car buyers
Drivers in Wales are ahead of the UK. It’s the only part of the country to record car sales rising in September, when they went up 2.15% and contrasted with a maximum decline of 5.21% in England. New car registrations last month were down overall in the UK by 4.44% to 327,732 but in Wales they rose to 12,135 new cars, easily passing the 11,880 in … [Read more...]
Newslines 6 October
Mazda Your Way is a new national scheme to help prospective owners tie up with a local dealership. After a pilot in London, Mazda Your Way permits remote connections from initial enquiry to final purchase and delivery of their chosen car. Midlands and North East car plants of Toyota and Nissan have reportedly asked the UK government to reimburse them if … [Read more...]
Vans deliver good returns in September
Home deliveries have delivered for the UK van market. Sales of light commercials grew by 26.4% in September following a weak month last year, when the market was affected by emission regulations changes. “It is encouraging to see the van market experience an uplift in registrations of over a quarter indicating that a degree of confidence has returned to … [Read more...]
Newslines 5 October
Thousands of drivers are making big savings by working from home and not paying to use toll bridges, tunnels or motorway sections, says Leasing Options. It has looked at toll costs and found the Dartford Crossing the dearest to use over a year, taking over £3,500 off drivers and even the Clifton Suspension Bridge, Bristol costs £524 annually. Changing your … [Read more...]
Re-Leaf engineered to meet emergencies
British engineers have transformed an electric car into an emergency response vehicle designed to provide a clean power supply to areas hit by natural disasters and extreme weather. The Nissan RE-LEAF is based on the Sunderland-built LEAF family hatchback. But instead of school-runs and motorway miles, the highly modified motor is better … [Read more...]
Potential potholes for planning ahead
The impact of the coronavirus crisis and potential effects of Brexit are making planning beyond the short term almost impossible in the remarketing sector. So reports the Vehicle Remarketing Association (VRA), which points out that the currently booming market is arguably obscuring the potential dangers that lie ahead. Chair Sam Watkins said, “As has been … [Read more...]
Newslines 1 October
Audi is rolling out a plug-in hybrid version of its A3 Sportback from £33,060 and it’s comes to Britain before 2021. The compact 204ps Sport and S line models will cover 41 miles on traction battery alone and it joins the PHEV versions of the brand’s bigger models. Hyundai Ultimate Mobility Vehicles will be developed by a pioneering unit of the Korean … [Read more...]
Businesses stretch to survive
New data compiled by epyx has shown the increased level of contract extensions made on company cars and vans during the coronavirus crisis. Looking at transactions through its 1link Service Network service, maintenance and repair (SMR) platform, used by fleets operating four million vehicles, it has produced a comparison for April-August 2020 – the height … [Read more...]
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