There is no doubt that ‘Mansell mania’ continues to be strong, with an incredible set of results achieved for Nigel Mansell’s Legacy Collection. Highlights from the collection being sold by the 1992 Formula One World Champion included the 1985 Canon Williams Honda European Grand Prix Helmet 'First Win'. Worn by Mansell in the 1985 European Grand Prix when … [Read more...]
Retail
Tradelines 18 October
Honda Motor and Japanese trading house Mitsubishi Corporation will join forces to explore new business opportunities in the electric vehicle battery segment, according to local reports. The news came shortly after Toyota announced an alliance with Japanese energy group Idemitsu Kosan to develop solid state batteries for EVs, reports GlobalData. Sinclair … [Read more...]
Agency selling model worries more dealers
Dealer worries over the growth of agency agreements have doubled in the last month, according to October’s Startline Used Car Tracker. The factor was named as a future challenge to their business by just 22% of used car retailers in September but has jumped to 42% this month. Paul Burgess, CEO at Startline Motor Finance, said, “For most of this … [Read more...]
Service bookings taking longer
Lead times for fleet service, maintenance and repair have risen by more than 57% since the start of the pandemic, according to new data from epyx. In January 2020, the average time between when a company car or van booking was created to when the vehicle went in for work was 8.11 days - but today stands at 12.76 days. This data is taken from epyx’s 1link … [Read more...]
Lexus LBX to come in under £30K
Lexus has revealed launch pricing for its 'baby crossover', new LBX that will take the brand into new market territory. Order books are open now with on-the-road prices starting from £29,995 for the entry level Urban model. The all-hybrid electric line-up presents a wealth of choice with nine versions to choose from, reflecting the breadth of interior … [Read more...]
Weekend roadtest: Subaru Outback 2.5ES Touring
Subaru is a bit of a lone-wolf in the car world. Part of Fuji Heavy Industries and founded 70 years ago, it’s the brand’s golden anniversary in Britain next year after it launched with a compact and capable little estate car and pickup at prices which made hundreds of farmers and country-folk very happy. It also became a byword for British fans of the … [Read more...]
Car complaints are rising
The Motor Ombudsman has seen the highest volume of service and repair cases brought by consumers in a single quarter so far this year. Between 01st July and 30 September, the Ombudsman for the automotive sector accepted a total of 1,348 new submissions from motorists, up 10% from 1,226 in the second quarter, and equating to a 13% increase versus the volume … [Read more...]
Motorists expect higher costs in 2024
Motorists expect the cost of running their car to continue to rise across all major areas of spending in 2024, new research shows. October’s new Startline Used Car Tracker shows that 70% think congestion zone charges will rise and the same percentage expect service and maintenance to increase. Other costs expected to go up include motor insurance (67%), … [Read more...]
Newslines 13 October
The West Midlands Gigafactory joint venture has confirmed that it is in advanced discussions with several leading Asian battery manufacturers about future investment at the Coventry site. The West Midlands Gigafactory’s Coventry location is the only available site in the UK with planning permission in place for a large-scale battery production facility with … [Read more...]
Race Across Britain for BEN
Following the huge success of BBC TV series 'Race Across the World', Ben is recruiting teams to take on a new UK-based fundraising challenge for the automotive industry, called Race Across Britain. This event will raise vital funds to support people who are struggling or in crisis and is proudly supported by LKQ Euro Car Parts. Ben is challenging … [Read more...]
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