Gridserve has announced the largest debt raise to-date globally for a privately-owned charge point operator, demonstrating the market’s confidence in both the transition to electric mobility and its mission to help deliver net zero transport at speed and scale. Comprising £326 million in committed loan facilities, with a further £200 million uncommitted … [Read more...]
Retail
Toyota C-HR offers summer getaway inside
The new Toyota C-HR is making its UK debut on a Summer Escapade tour of four popular festivals, providing a public preview of the distinctive coupe-styled SUV, which goes on sale later this year. The Toyota C-HR Summer Escapade is an immersive experience inspired by different holiday destinations. The tour opens this week at Camp Bestival at Lulworth … [Read more...]
Government damaging confusion over cleaner vehicles
This week’s government ambivalence over the longstanding 2030 EV sales deadline is potentially “damaging for fleets” who are committed to electrification, says FleetCheck. Peter Golding (below), managing director at the leading fleet software provider, said that prime minister Rishi Sunak’s equivocation when asked about the deadline by an interviewer had … [Read more...]
Weekend roadtest: MG4 EV Trophy
If you believe pure electric cars are overpriced and underperforming, you haven’t tried the MG4 Trophy. Introduced last autumn as the top model in a new series, the Trophy builds on the success of the ZS suv and MG5 estate and delivers family friendly hatchback practicality wrapped in an eye-catching style. But its beauty is more than skin deep and the … [Read more...]
Drink-driving is rising again
There were 260 deaths on Britain’s roads in 2021 where a motorist was over the drink drive limit – an alarming increase of 18% over the previous year and the highest since 2009. Drunk drivers accounted for 17% of all road deaths. The year-on-year rise reflects the impact of the pandemic lockdown taking many cars off the roads and reducing mileages of … [Read more...]
Wales has happiest drivers in UK, say LeaseCar
Drivers in Wales have been rated the happiest across the whole of Britain with the least amount of pothole claims, over 21,000 miles of roads and some of the lowest crash and traffic rates across the board. Highest amount of traffic levels, most amount of roads (miles), total number of collisions and the collective sum of all pothole claims, have all been … [Read more...]
Flash cars reflect personal image, say owners
Britain cossets a nation of flashy drivers. One in three (34%) UK drivers say it is important to have a car under five years old, particularly for men (40% men and 28% women) and under 55s (42% under 54s and 25% over 55s). The survey of 2,000 UK drivers, commissioned by InsuretheGap.com also found that one in three (34%) describe their car as part of their … [Read more...]
Tradelines 26 July
Just months after its announcement, there is now a two years waiting list for the first electrified Lamborghini Revuelto. Revuelto is the first V12 plug-in hybrid High Performance Electrified Vehicle supercar from the House of Sant’Agata and costs around £450,000. The all-new 2024 Land Cruiser makes its world debut 2 August. It is heavily based on the … [Read more...]
Younger buyers shun car showrooms
More than half of UK drivers (56%) bought their most recent car from a showroom in a face-to-face transaction says a new Opinium survey of 2000 UK drivers, commissioned by InsuretheGap.com, rising to 70% of over 55s, compared to less than half (44%) of under 55s. Women also have reservations about car showrooms. One in five (20%) find them intimidating and … [Read more...]
Stock funding key in troubled times
Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold … [Read more...]
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