New car sales in Wales have recovered better than the rest of the UK. Welsh figures from the Society of Motor Manufacturers and Traders show a 39.22 % rise in July compared to the same month last year and brings the running total for this year to just 34.55% below the first seven months of 2019, also better than other regions. Dealers in Wales recorded 7,728 new car sales in July … [Read more...]
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Tradelines 5 August
The car market turned upside down in July, said Sean Kemple, MD of Close Brothers Motor Finance. The bounce back from near-zero sales in April to a 11% uplift in July reflects the momentous release in pent-up demand because there is usually a summer slump, but 2020 has been anything but normal. Right now it’s the used car market where the real growth is taking place, reports Alex Buttle, … [Read more...]
New car sales rise in hoped for lift to market
Pent up demand after lockdown eased is thought to have driven a rise in new car registrations last month. Figures from the Society for Motor Manufacturers and Traders due to be released later this morning are expected to show an 11% rise compared with the same month in 2019. December saw the last increase but it was a blip after a year of decline. The new car sales market has struggled with … [Read more...]
One-off Bristol sports car up for sale
Car enthusiasts are getting a once-in-a-lifetime chance to buy a unique one-off four-year-old British sports car, and it could cost them hundreds of thousands of pounds. The Bristol Bullet roadster is among items being disposed of by joint liquidators of Britsol Cars, which folded earlier this year. Jeremy Frost and Patrick Wadsted of Frost Group Ltd appointed as Joint Liquidators, have … [Read more...]
BREAKING NEWS: Gordon Murray T50 supercar revealed
Gordon Murray’s T50 Supercar has been revealed. Just 100 versions of the £2.36 Million ex-works made to measure three-seater with gull-wing doors will be available from January 2022 and they are expected to be snapped up. The model celebrates Gordon Murray’s 50 years in motor sport and road car design and engineering business which has seen him working at the sharp end of F1 and then use his … [Read more...]
JLR loose bid to protect Defender shape
One of the world's most distinctive shapes, the classic Land Rover Defender, is not unique enough an Appeal Court judge has decided. Jaguar Land Rover sought to get the trademark rights for the shape of the Defender SUV, but it failed and means billionaire Jim Ratcliffe’s Ineos Group can go ahead with the Grenadier off-road vehicle, which he admits was inspired by Defender. A London court on … [Read more...]
Hybrids are mystery to a third of drivers
A survey by DesperateSeller.co.uk has revealed that 30.9% of UK consumers simply don’t understand hybrid cars. A poll on the used car website in July 2020 asked “What is a hybrid car?” and gave three options: a) One that can use at least two means of propulsion; b) One that does NOT have an internal combustion engine; and c) One that can run on both petrol and diesel fuels. Of 1,190 … [Read more...]
Newslines 4 August
Ferrari earnings have skidded because of supply chain and coronavirus pandemic issues. Earnings fell 60% to £111,680,000 in Q2 but the full year sales are expected to dramatically pick up by spring 2021 and be at the lower end of their original forecast or about £30 Billion. Fuel price rises recorded by the RAC this week will wipe out savings from cheaper insurance premiums as a result of the … [Read more...]
Newslines 3 August
A bidder on Car & Classic Auction has secured a rare Mk1 Volkswagen Golf GTI for £21,500 - some £1,230 more than they could have bought a brand new 20-plate Golf. The 1983 Golf GTI was listed on Car & Classic Auction for seven days and by day three had already exceeded its estimate of £11,500 to £13,500, although it’s no ordinary Golf GTI, it’s a genuine Pirelli edition Golf GTI that has … [Read more...]
£2 Billion cycle-plan ignores vital deliveries
London’s protected cycleways will be rolled out to other English cities in a £2 Billion programme, but it’s already raised concerns in the logistics sector. In response to the government’s package of announcements made 28 July 2020 on urban road use, Natalie Chapman, Head of Urban Policy at Logistics UK, formerly FTA, said, “The government’s plans present an opportunity to make cycling a more … [Read more...]