Data experts cap hpi revealed the tax burden on company car drivers has soared over the last decade. The study looked at the popular fleet vehicle the BMW 320d SE and found that while the list price of the vehicle had risen by 23%, the BIK had risen 105% since 2009. In the same period, real wages have only risen 20%. The company is calling for the … [Read more...]
Retail
Newslines 20 October
Production of the Ford GT supercar will be extended approximately two years, to meet overwhelming customer demand. Ford will re-open the application window to customers in selected markets, including the UK, for one month beginning Nov. 8, delivering approximately 1,350 Ford GTs for customers worldwide. Car makers in the UK said they were “hugely … [Read more...]
“Autonomous” claims are off-track, say testers
Research shows that 71% of drivers around the world mistakenly believe they can purchase a self-driving car right now. The astonishing finding is just one of many worrying perceptions uncovered by the study, which also showed that one in 10 drivers would be tempted to have a nap while using a so-called ‘Highway Assist’ system, such as Adaptive Cruise … [Read more...]
Drivers more likely to ditch diesel next time
The shift away from diesel has more drivers planning to choose an eco-friendly car than ever before, says AA Cars. Looking at people who have used its site, nearly a quarter (22%) claim they are ready to make the switch despite a lot of confusion over Government policies. The AA-Populus poll of over 20,000 drivers shows that this would be a dramatic … [Read more...]
Vauxhall rolls out new model for dealers
Following a successful pilot phase in the first half of 2018, Vauxhall has launched its new Retailer Recruitment Service. The brand has offered the service to its entire UK Retail Network via long-standing partner, GMD People. RRS is a tailored recruitment service that makes use of social media to attract applicants to vacancies. With average staff … [Read more...]
Tradelines 17 October
Following on from the first silhouette images, ŠKODA reveals the name of its new model – the ŠKODA Scala. The name derives from the Latin word ‘scala’ which means ‘stairs’ and is a step forward for the Czech car manufacturer in the compact hatch segment when it launches before 2019 and replaces the Rapid. Audi has been fined the equivalent of £702.54M … [Read more...]
Fleets unprepared for Brexit fallout
The fleet industry needs to start encouraging a sector-wide conversation about Brexit in order to make preparations, says Meridian Vehicle Solutions. Phil Jerome, managing director at the medium term rental specialist, said that he understood the current lack of dialogue given the ongoing absence of clarity about exactly what form leaving the EU would … [Read more...]
VW camper holds strong residuals for “staycations”
Owners of Volkswagen California camper vans are sitting pretty after data from automotive experts reveals that the vehicles are experiencing very little depreciation, making them a much sought after investment for motorists who love life on the road. Based on the 2.0 California TDI BlueMotion Tech Beach 150 5dr DSG model (1767 plat), the depreciation is … [Read more...]
EVs spark big savings in service
Motorists will get an eco-dividend thanks to lower service and maintenance costs for electric vehicles against their petrol equivalents. A new study from automotive data experts cap hpi shows on average service and maintenance costs are 23% lower for electric vehicles than petrol vehicles over three years and 60,000 miles. The gap widens for smaller … [Read more...]
Newslines 16 October
Nissan has postponed pay talks with unions at its Sunderland plant until terms of the Brexit deal are clear. Reuters reported car makers are considering options if there is a poor deal for manufacturing including possible production decreases and suspension of lines while logistics and economics are clarified in the spring. Plans to develop the … [Read more...]
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