The average value of a used car has rocketed in just two years according to Auto Trader, the UK’s largest automotive marketplace. When compared to pre-pandemic June 2019, a used car has seen a typical increase in value of a whopping £4,100. That’s the findings from Auto Trader’s monthly Retail Price Index, which is based on daily pricing analysis of circa 900,000 vehicles and is set to be used … [Read more...]
New law on smart chargers eases strain on grid
New legislation requires all home and workplace electric vehicle chargers installed from this week to have smart charging capabilities. The new laws are aimed at helping to manage the strain on the national grid. They will encourage drivers to use smarter tariffs to avoid thousands of EVs charging at once during peak hours, which is usually during the day and evening. Charlie Cook, the founder … [Read more...]
Cyber criminals eye motor businesses
Big car dealerships and automotive suppliers face a threat from cyber-criminals and ransomware. KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, announced the release of a resource kit for IT managers as part of a month-long effort in July to increase awareness of ransomware, its many forms and methods used by cyber criminals to extort … [Read more...]
Newslines 24 June
Ferrari has overhauled its new and used car programme, service and maintenance. Warranty is good for seven years and it’s been backdated for many models sold since 2015 while buyers can choose to extend it to 15 years on major components and that is transferable to new owners while a new approved used programme is on-line. Ford says it wants to build its new generation of electric cars in … [Read more...]
Hi-def dash-cam close to human eye resolution
Smart car and car networking company, Cruise Cloud Technology Corporation, is launching its MIOFIVE 4K Dash Cam with 5G Wi-Fi and built in storage. The high end driving recorder with 24 Hour Parking Monitoring and G-Sensor, uses an artificial intelligence algorithm to make the driving experience smarter, smoother and safer is available on Amazon UK for £149.99. Equipped with a Sony … [Read more...]
Newslines 26 May
The Volkswagen Group will pay out £193 million to more than 90,000 UK motorists after reaching an out-of-court settlement in a seven-year litigation process relating to Dieselgate. With each claimant receiving about £2,000 it marks the end of a campaign which has cost the manufacturer about £26 Billion since it fitted suspect devices to diesel models which circumvented official emissions tests … [Read more...]
We’re keeping cars longer and going further, says Co-op
Co-op Insurance has revealed that British motorists are quite literally in it for the long haul when it comes to their cars. Figures from the Driver and Vehicle Standards Agency reveal that over nine million vehicles – more than one in five of the 40.3 million on the road today – has over 100,000 miles on the clock. Data from the insurer also shows that the average age of cars it now insures … [Read more...]
Car ownership is old fashioned, says sharing business
The relationship between the British public and their vehicles has changed a lot over the last few years. With the rise of working from home and hybrid work schedules, car ownership numbers all over the country and the entire UK are dropping considerably. In fact, the Society of Motor Manufacturers and Traders found that March 2022 saw new car sales suffer their weakest performance since 1998, … [Read more...]
New law is fraught with risks for drivers
Switching a self-driving vehicle between fully autonomous and merely assisted is fraught with dispute and litigation risks – a claims expert from loss recovery firm Corclaim has warned. It comes after planned changes to the Highway Code – which are designed to provide guidance to the courts and police, and are expected by July – will allow motorists using self-driving vehicles to watch films and … [Read more...]
Let battle begin for Toyota Gazoo Racing GT CUP
Toyota Gazoo Racing has announced details of the Toyota Gazoo Racing GT CUP 2022, an online racing competition in Gran Turismo 7 for PlayStation®5 and PlayStation® 4 which includes the premiere of the long awaited GR010 Hybrid along with additional new cars and circuits. The TGR GT Cup is a global series in which the GR line-up, including GR road vehicles and dedicated racing cars, … [Read more...]