The expansion of the second edition of the FIA Motorsport Games has already attracted five new and emerging motorsport nations to compete on the global stage in France. Staged from 26-30 October, the growth of the event from six to 17 disciplines is already achieving its objective to help non-traditional motorsport nations use the event as a platform to … [Read more...]
News
Are EVs green or greenwash?
Thousands of drivers who collect the keys to a brand new ‘72’ plate electric car tomorrow will have a nagging doubt at the back of their minds as they glide silently off the forecourt – are battery-powered cars truly better for the environment, or is zero-emission motoring just ‘greenwash’ hype? Sales of electric cars are soaring, up 49.9% year-on-year … [Read more...]
Dealers and makers’ reputations bashed by delays
Car manufacturers and dealers are suffering reputational damage as a result of unavoidable supply chain disruption, according to research from Close Brothers Motor Finance. While two-thirds (66%) of consumers considering a new car say they understand the difficulties involved, nearly half (48%) say the delays negatively impact their perception of motor … [Read more...]
Auctions still doing well in recession
Despite the challenges currently facing the automobile industry, the auction market is in a positive state. Supply and demand have been stable for the last month, with summer soon to draw to an end. "We are expecting that September will see a steady surge as customers return from holidays, boosting the market”, commented Paul Hill, National Association of … [Read more...]
Tradelines 31 August
Nearly half of motorists planning to buy a car in the next year would be prepared to pay more to skip waiting lists caused by supply chain problems, according to research from Close Brothers Motor Finance. It follows a fifth consecutive month of decline in registrations in August, which the Society of Motor Manufacturers and Traders attributes to ongoing … [Read more...]
Britain unprepared for ev switch in eight years
Rising electric costs are blowing the fuse on plans for expanding ev sales in Britain. A comprehensive survey by Rivervale Leasing found that the escalating cost of energy is the most common concern, as 21% say that they think the potential of higher home charging tariffs could stop the UK from switching to electric. Vince Pemberton, Chief executive … [Read more...]
Most JLR models on stop in September
Jaguar Land Rover is facing assembly problems at its plants in September. No Land Rover Discovery, Evoque and Velar models will be built through September due to parts shortages but some production continues with the Range Rover, Range Rover Sport and Defender. Jaguar XE, XF and F-Pace models are also on stop but F-Type will still be … [Read more...]
Electricity rise new threat to fuel pump prices
The Petrol Retailers Association has warned that electricity rises will affect their costs and possibly lead to further increases in pump prices. It is extremely concerned about rising energy costs and their implication as costs associated with operating a forecourt will triple, Gordon Balmer, Executive Director of the Petrol Retailers Association, who has … [Read more...]
Weekend roadtest: Lexus UX 300e Premium Plus
Lexus has always been the quiet executive car brand and reaches a new level of refinement with its UX 300e pure battery version of the existing hybrid SUV. Some 15 years experience building hybrid cars were brought to bear when it created the UX 300e and it lacks nothing its stablemates have but adds 2020s propulsion, safety and communications … [Read more...]
Car production improves but issues remain
Though the outlook is beginning to look more positive as production levels rise for the third month in a row and the industry shows signs of recovery, persistent issues will continue to cause turbulence in the coming months, said Lisa Watson, Director of Sales at Close Brothers Motor Finance. “The ongoing conflict in Ukraine means the well-documented … [Read more...]
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