More automotive businesses have reported turnover growth than any other sector, according to a new Business Census of business leaders’ expectations for the year ahead. The survey, conducted by global credit company Creditsafe and completed by 755 business leaders, revealed that 92% of surveyed automotive businesses grew in terms of turnover in … [Read more...]
Retail
Tradelines 6 February
A survey by Venson Automotive Solutions reveals that one in three (33%) company car drivers would not report minor damage to their employer – a figure which has almost doubled since 2015 when the same question was asked of company car drivers (17.5%). Overall drivers do appear to be very slightly more involved today than they were 3 years ago in keeping … [Read more...]
Welsh sales steady as diesel cars ground and AFVs take off
Sales of hybrid and electric cars soared over 26% last month and slowed the fall in registrations of recent months, according to figures from the car makers. The Society of Motor Manufacturers and Traders say registrations were only 1.6% down in January at 161,013 new cars, with private buyers leading the way as business and fleet models continued to … [Read more...]
Newslines 5 February
The new 2019 Mitsubishi Mirage is available to UK customers from £11,295. A new entry level Mirage 3 is available with a manual transmission and is £1,005 less than the outgoing Juro model and they have a 3 cylinder 1.2-litre MIVEC engine, 80hp and 106Nm torque and emit 107g/km CO2. Two plug-in versions of the new BMW 7-Series will arrive in … [Read more...]
Ford offer VR to Bridgend workers as JLR contract expires
Ford has announced its first voluntary redundancy programme at Bridgend plant since the impending loss of its contract to build petrol engines for Jaguar Land Rover. Nearly 400 positions will be cut among hourly and salaried staff who apply ths month with reductions taking place at the end of this year when the JLR lines shut. Unions said earlier … [Read more...]
Used diesels dropping in price, petrols rise
The average price of a used diesel car fell by 10.3% between Q1 2017 and Q4 2018. Diesel car values dropped 5% through 2017, on the back of consistent negative news about the fuel, and new data shows that slump continued through 2018 at a near-identical rate. The analysis from car buying comparison website Motorway.co.uk also shows equivalent used … [Read more...]
Williams converts kit for charity
West Glamorgan Rugby Club, Bryncoch RFC, played host to Welsh rugby legend and top try scorer Shane Williams alongside official partner of the Welsh Rugby Union, ISUZU, to launch a new campaign ‘The Big Pick UP’ in support of international charity SOS KitAid. SOS KitAid recycles sports kit for the benefit of young people in the UK and overseas so they are … [Read more...]
Dealers doubts over stocking pile up
Findings from the Close Brothers Motor Finance’s Dealer Satisfaction Survey reveal 95% are confident about business prospects in the market for 2019, up from 93% last year. Of these, six in ten (60%) are ‘very confident’ about the business outlook for the year ahead. However, while the broad picture is one of confidence, there were some issues that … [Read more...]
Tradelines 30 January
Suzuki GB PLC has been ranked as the best car brand in the Institute of Customer Service’s UK Customer Satisfaction Index (UKCSI) for January 2019. A national measure of sentiment across the country, the research asks 45,000 consumers to rate their experiences of dealing with nearly 260 different companies across 13 sectors, including those in the motor … [Read more...]
Luxury cars escape the crusher, but only just
Nearly £122M of uninsured vehicles were saved from potentially being crushed in 2018 - the highest it’s been for ten years - including supercars such as Lamborghinis, Ferraris, Bentleys and Aston Martins. High-value vehicles that had been confiscated from uninsured drivers were among those saved from being auctioned or scrapped last year, according to the … [Read more...]
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