Chinese emerging car maker BYD grew production by an astonishing 211% last year to overtake Tesla and is well placed to begin European assembly, reports StockApps. com. As the car maker prepares to build over 2M EVs this year, StockApps financial analyst Edith Reads said, “BYD’s success is attributed to several factors, including China’s increasing focus on electric vehicles, the company’s … [Read more...]
Rural accidents risk rise as harvest begins
As farmers begin the harvest season and agricultural traffic increases, leading rural insurer NFU Mutual is urging all rural road users to take extra care over the coming months. The harvest season is already underway in many places, with livestock farmers making their vital first cut of silage to build stores to feed cattle through next winter. Silage cutting is followed by hay making, generally … [Read more...]
Struggle to decarbonise needs Government push
If the logistics sector is to effectively decarbonise in line with the government’s 2050 net zero deadline more support will be needed to enable operators to do so, according to a new report by business group Logistics UK. The organisation’s Electric Vehicle Report 2023 demonstrates that factors including a lack of fiscal support and an inadequate public charging network are having a significant … [Read more...]
Newslines 16 May
Here are the first views of the next generation MINI family, with Oliver Heilmer, Head of MINI Design. Each new MINI model gains its own strong individual character that is expressed in distinctive design features, while exuding individuality with a clear brand affiliation and sustainable materials are another essential part of the new design language. Another Chinese manufacturer will be … [Read more...]
Gov. will probe supermarkets’ fuel pricing
The Competition and Markets Authority will probe fuel prices and the role of Supermarkets in a study it began last year. While the evidence shows that the majority of fuel price increases are due to global factors, such as the Russian invasion of Ukraine, indications are that higher pump prices cannot be attributed solely to factors outside the control of the retailer, the CMA said in a … [Read more...]
Newcomers from AC and Aston Martin
The stunning new AC Cobra GT Roadster has made its global premiere in London, before confirmed buyers and customers as the legendary sports car makes its sensational return. Available in left or right hand drive with up to 663ps, the 5.0V8 two seater soft-top will be limited to 250 models annually after four years of development and it’ll cost about £285,000. Aston Martin will unveil its new … [Read more...]
Rural Wales safest in UK for car theft
Motorists in West and Mid-Wales are the luckiest in Britain. Car theft analysis shows they are the least likely to have a vehicle stolen. DVLA statistics studied by insurer Confused.com reveals those living in Dyfed-Powys are the safest from vehicle theft, where just 22 per 100,000 cars are stolen. North Wales is only slightly worse with 37 per 100,000, possibly due to its proximity to thieves … [Read more...]
Newslines 15 May
Supercar club Auto Vivendi has added 12 new models to its collection in a week. Among the newcomers are Ferrari SF90, McLaren Artura (above), Lamborghini Urus Performante and Morgan Super 3, with more Ferraris and a Maserati MC20 Cielo coming soon. Over 27 million British drivers experience road rage at least once a month, mostly on the morning commute, reports iCompario business comparison … [Read more...]
Hundreds driving without valid licences
Hundreds of motorists are still on the road despite having their licences revoked because they’re not fit to drive, new stats have revealed. A driver can have their licence cancelled or refused on medical grounds. They would then be deemed to be driving without insurance cover as well. Motorists also have a duty to inform the DVLA of any medical condition that might affect their performance … [Read more...]
Bank Rate rise is challenge to traders
The decision by the Bank of England to raise their interest rates by 0.25%, to 4.5%, will inevitably have implications on the motor trade, according the car dealers' body. The Bank of England has confirmed that interest rates will rise by 0.25%, from 4.25% to 4.5%, the twelfth consecutive rise since December 2021. Sue Robinson, Chief Executive of the National Franchised Dealers Association … [Read more...]