Ford is the biggest laggard on tough government-mandated EV sales targets when it comes to the main players, new figures show. The UK’s biggest van seller showed electric light commercial sales so far this year reached 2443 units, equating to 5.4% of its 45,190 total and someway short of the 16% required by the ZEV mandate, according to figures from the … [Read more...]
Retail
David Spear Commercials backs premier Welsh rally
David Spear Commercial Vehicles will be the official car supplier to the 2025 Nicky Grist Stages on Saturday 12 July in a deal, like all good deals, that was forged on the golf course! Nicky Grist and David Spear are both members of the Rolls of Monmouth Golf Club, and it was on a stroll down a fairway that the idea was hatched. David Spear Commercial … [Read more...]
FCA move in massive compensation claim
Some of the factors the Financial Conduct Authority will consider if it launches a UK-wide consumer redress scheme as part of its review into car loans commission have been set out. The regulator says it will confirm within six weeks of the outcome of the Supreme Court case, which is hoped to be announced in July, whether it does plan to introduce a redress … [Read more...]
Help to steer through mental health issues for motor trade
The Motor Ombudsman has partnered with automotive industry charity Ben to create ‘Steer’, a printed and free-to-download, quick-reference guide to help automotive businesses recognise and support their workers encountering mental health and wellbeing challenges. These are often driven by a whole host of factors from both within and outside Steer, the … [Read more...]
Weekend roadtest: Toyota Corolla Excel 2.0 Hatchback
When the world’s best selling car gets a significant makeover, you have to take a serious look at the Toyota Corolla. Launched in 1966, the Corolla became the best selling car in the world eight years later, overtaking the Beetle in 1997 for total sales and in 2021 went on to exceed 50 million models, being made in ten countries. It was also the platform … [Read more...]
Sinclair Group expand reach of JLR in South Wales
Sinclair Group, Wales’ largest motor retailer, is further expanding and strengthening its association with Jaguar Land Rover with the acquisition of two more sites. The Group has extended its reach across all of South Wales after completing the purchase of the Stratstone Jaguar Land Rover businesses in Cardiff and Newport from Lithia UK. The deal increases … [Read more...]
Discounting & incentives drive EV registrations
Heavy discounting by car-makers is pushing fleet and businesses drivers into electric cars. Private buyers still prefer to have petrol or diesel engines, according to the May registration figures. Registrations of petrol cars are higher than the combined figures for pure battery, plug-in and mild hybrid electric models and that’s without the diesel models … [Read more...]
Tradelines 4 June
Car dealers are having to battle increased levels of fraud and attempted fraud to go with a number of other challenges currently facing the motor trade. That is according to the latest Forecourt Foresight report from Close Brothers Motor Finance which found that one in five automotive retailers have fallen victim to fraud and a further 31% of dealers have … [Read more...]
Tax move will hit businesses and employees
Almost half of dealers (45%) say the ending of employee car ownership schemes will hit staff attraction and retention. May’s Startline Used Car Tracker also finds that 38% think the schemes are an important benefit for dealer staff while 41% believe “a lot” of current government actions are negatively affecting car dealers. Paul Burgess, CEO at … [Read more...]
Fuel hits four-year-low but should be cheaper says RAC
Another 2p came off petrol in May making for three consecutive months of falling prices and the lowest average pump price in almost four years, data from RAC Fuel Watch reveals. Drivers are now paying the lowest price for petrol since early July 2021 while diesel – which also came down by 2p – has gone below 139p for the first time since 28 September … [Read more...]
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