Research from Close Brothers Motor Finance reveals that nearly all UK car dealers (98%) are confident about the business outlook for their dealership, whilst almost two thirds (63%) are ‘very confident’. Despite a difficult 2019 for the motor industry, the findings paint a picture of business optimism. In the aftermath of Britain’s exit from the EU, a third … [Read more...]
2020 deserves to be balanced for business
With 2019 a fast receding memory, the automotive industry is looking forward to a more balanced year, said Rupert Pontin, Director of Insight with Cazana business intelligence. Despite a decline in new car registrations, many consider the 2.4% drop to have been a fairly good result given the backdrop of political, social and economic factors that challenged … [Read more...]
Newslines 2 March
Building Labourer is the most expensive occupation for car insurance in Wales, new research reveals. According to the data from Confused.com, Building Labourers are deemed to be the ‘riskiest’ drivers in Wales, paying a staggering £1,649, per year for their car insurance, on average, waiters pay £1,522 and car valet people are washed out with £1,426 while … [Read more...]
Road Safety Designs moves up a gear
Wales-based road safety innovation company, Road Safety Designs, has appointed experienced business leader and investor, Simon Bailey, as a Management Consultant. The former Director of Motorcare Motor Factors will be joining the firm, chaired by Sir Stanley Thomas OBE, the Welsh businessman and property developer best known for founding Peter’s Food … [Read more...]
Geneva motor show cancelled
The Geneva motor show has been cancelled and not rescheduled for this year. Organisers had to stop the two weeks show due to open next week after Swiss government feared spreading coronavirus and banned gatherings of more than 1,000 people and 600,000 were expected in Geneva for the event. "We regret to announce the 2020 Geneva motor show will be … [Read more...]
Park, plug and pay
Empty driveways are now at the forefront of increasing the number of electric vehicle charge point spaces in the UK. Indeed, the latest research by online parking portal YourParkingSpace.co.uk reveals that homeowners with an empty driveway and EV charge point, who rent them to motorists who pay to ‘park and charge’ their cars, are now making a huge … [Read more...]
Newslines 28 February
Geneva motor show will ask exhibitors from coronavirus-infected areas to check staff for symptoms before arriving in Switzerland. Organisers will increase cleaning and disinfection at the show's venue, the Palexpo congress centre next to Geneva airport where an anticipated 600,000 visitors will attend over the next two weeks. New rail and bus services for … [Read more...]
Opposition AMs call for Welsh Government investment probe
Welsh Government’s investment strategy has come into question after Aston Martin Lagonda revealed widening losses and slipping sales. The luxury carmaker was enticed to St Athan in the Vale of Glamorgan by the Labour Welsh Government with nearly £20m worth of taxpayer grants in the hope of boosting the South Wales economy. However, today’s financial … [Read more...]
Tax break to push company car drivers into evs
Eight out of ten business employees who currently opt out of a company car scheme are ‘likely’ or ‘very likely’ to move back to company cars and these will be electric, according to a survey by DriveElectric, one of the UK’s leading EV leasing companies. The return to company cars rather than employees taking car allowances is being driven by a number of … [Read more...]
Innovation will influence exhibits at CV show
With a strong move towards electrification alongside the full range of road transport, distribution and logistics supply businesses attending the Commercial Vehicle Show, a host of innovative powertrain options will be unveiled to the public at the NEC Birmingham, 28-30 April 2020. The UK-based manufacturer LEVC will display its new all-electric van for the … [Read more...]
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