Cars made during the pandemic with irregular specifications are causing valuation issues as they start to appear on the used market, says the Vehicle Remarketing Association. It is causing a headache for dealers and annoying customers who think they are getting models with higher specifications than is the case. Marcus Blakemore, chair of the trade body’s … [Read more...]
News
Weekend roadtest: Lexus LBX Takumi Design
Lexus has returned to the compact executive market with its LBX petrol hybrid, and it’s anticipated to be a big player for them in the UK. The prestige brand’s first foray into the smaller executive sector was just before the new millennium when it introduced the IS200 series. That was based on a highly successful Toyota Altezza and this time around the … [Read more...]
New government must power up EV affordability
Half of motorists (50%) say the government should do more to make electric cars affordable, according to new research. June’s new Startline Used Car Tracker also finds that 35% believe action should be taken to make electric cars easier to buy, 34% that more money should go into making chargers more widely available, and 26% that power from chargers should … [Read more...]
Young drivers hit with premiums over £3,000
The cost of car insurance for a 17-year-old motorist who has just passed their driving test has reached £3,075 on average, according to new research from Compare the Market. This is a substantial £1,071 increase, or 53%, in the typical cost of car insurance for a 17-year-old from last year's £2,004. The average cost of car insurance for a driver with a … [Read more...]
Newslines 7 June
INEOS Automotive has introduced a unique service called Arcane Works that creates limited editions of its award-winning Grenadier station wagon and then allows customers to further personalise the small-batch, hand-finished 4X4s with customised detailing and bespoke materials. Retaining the Grenadier’s best-in-class off-road capability with modern … [Read more...]
Coventry considering city centre rallycross
Bringing the FIA World Rallycross Championship back to the heart of the UK to race around the streets of Britain’s ‘Motor City’ has the potential to generate ‘the biggest event the sport has ever seen’, suggests last year’s runner-up Kevin Hansen. Rallycross Promoter is in advanced talks with the organiser of MotoFest Coventry sponsored by E.ON to host a … [Read more...]
Emissions are biggest upcoming challenge for fleets
Implementing zero emissions policies will be the number one issue facing fleets over the next three years, according to new research. Almost four out of 10 (39%) fleet decision makes named this as their biggest challenge, followed by adapting to low emissions zones (38%), adjusting to restrictive public policies on petrol and diesel (37%) and mitigating … [Read more...]
Businesses buying rise in UK car sales
The UK new car market marked its 22nd consecutive month of growth as registrations rose 1.7% in May, according to the latest figures from the Society of Motor Manufacturers and Traders. With 147,678 units reaching the road, it was the best May market performance since 2021, although it remains down some -19.6% on 2019. Fleets and businesses continued to … [Read more...]
Major cause of MoT fails down to electrics
Faulty electrical equipment accounts for the majority of defects found during MOT tests, according to new research. The research, conducted by Vansdirect, looked at the MOT testing data for Great Britain over the last 12 months, ranking the most common defects found in class 3 and 4 vehicles. The subsequent analysis found that lamps, reflectors, and … [Read more...]
Bigger tyre bills are rolling up costs
Fleets are paying out more money for fashion-led bigger wheels and tyres than a few years ago. The percentage of company cars being fitted with 18 inch-plus tyres has increased by a third in three years, new data released by epyx shows. In the first quarter of 2021, 42% of cars fitted with tyres through the business’s TyreServe service were 18 inches or … [Read more...]
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