The Budget is likely to have ended the current revival of fleet interest for plug-in hybrid company cars, FleetCheck is predicting. Peter Golding, managing director at the fleet software specialist, pointed out that anyone now paying a 5% benefit in kind on a new PHEV in the current tax year would see a jump to 18% by year four in 2028/29. He said: “We’ve … [Read more...]
Retail
Budget shock for PHEV & DC business drivers
Budget plans could prompt widespread rewriting of company car choice lists to tackle new issues around plug-in hybrids and double cab pick-ups, says the Association of Fleet Professionals. The industry body points out that moves made by the chancellor mean that the viability of both types of vehicles will now be placed under serious questioning by many … [Read more...]
Government sets real challenges for motor businesses, says VRA
The hugely increased burden that the Budget places on remarketing businesses means that Labour’s growth strategy must succeed, says the Vehicle Remarketing Association. Philip Nothard, VRA chair, said that moves such as the increase in Employers' National Insurance and high minimum wage would have an impact on costs for almost every business involved in the … [Read more...]
Volvo XC90 comprehensively refreshed
Volvo has revealed the model range, specification and prices for the new XC90, its flagship hybrid SUV in PHEV and MHEV versions. The six revised models have fresh exterior design details that amplify its clean, contemporary styling and create a stronger visual connection to its fully electric counterpart, the EX90 SUV. These changes include a new grille … [Read more...]
New car sales slide again but EVs grow
October saw another month of contraction in the new car market, a concerning trend following August's end to two years of continuous growth. This decline is particularly worrying, as it highlights the volatility of the market right now, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. UK new car buyers now have more than … [Read more...]
EV sales continue rising
The market share of electric vehicle sales in the UK has reached over 20% for the third month running - according to New AutoMotive’s latest Electric Car Count. In October, sales of new pure EVs reached 20.8% of the market, making them the fastest growing fuel type throughout the month. The figure means that the industry is now comfortably above the legal … [Read more...]
Super silver Civic marks the Honda’s 25th anniversary
Honda has revealed a one-of-a-kind Civic e:HEV sprayed in the world’s most silver paint to celebrate 25 years since the brand launched Europe’s first ever hybrid model – the Insight – in September 1999. To celebrate its hybrid silver jubilee, Honda painted the Civic in a specially made batch of unique silver paint created by renowned artist and colour … [Read more...]
Toyota want bright sparks to fire imaginations
People and businesses with the brightest ideas are being encouraged to work with the world’s biggest car maker on the next generation of sustainable products. Toyota Motor Europe and partners have launched an open call for the second cohort of the Toyota Open Labs innovation initiative which aims to connect startups with Toyota group business units and … [Read more...]
Lexus UX300e gets new look and features for 2025
Lexus is increasing customer choice with a refreshed and extended range of its battery electric UX 300e luxury compact SUV. The new-look line-up offers additional grades and adjusted equipment specifications, together with styling changes for the cabin. The renamed entry point to the UX 300e is Urban grade opening at £39,995. Key standard features include … [Read more...]
Drivers cutting corners on safety due to rising costs
One-in-five drivers (20%) under the age of 44 have driven illegally by not putting their car through the MOT or replacing tyres when needed to save money in the cost-of-living crisis, says the RAC. Among drivers of all ages, one-in-10 (10%) admit they’ve failed to replace worn-out tyres or skipped the MOT, which is a legal requirement that guarantees the … [Read more...]
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