Hyundai will cut back on its UK dealership partners over the next five years in a bid to ‘future-proof’ its network, it was announced yesterday. Labelling the reduction an ‘evolution’, it said it was putting into action ‘a transformation’ of the dealership network, with a focus on retailers that were ‘capable, resilient, and profitable’ and which were … [Read more...]
New Government challenged over fuel and roads
Fairer petrol and diesel pricing (68%) and fewer potholes (66%) are the two areas where motorists most want to see action from 2024’s new government, according to the latest research. Also, 45% would like to see moves made to reduce insurance premiums and 32% want to see traffic congestion tackled, shows March’s new monthly Used Car Tracker from Startline … [Read more...]
Fleet professionals calling the shots
Details have been confirmed for this year’s annual conference from the Association of Fleet Professionals, with the main themes chosen by members. Taking place at The British Motor Museum, Gaydon, on Wednesday 15 May, it is expected to attract around 250 members and is sponsored by Enterprise Mobility. Subjects covered have been nominated by AFP fleet … [Read more...]
Toyota top for reliability, says Warrantywise
The Toyota Yaris is ranked as the most reliable used car you can buy according to the latest figures released in Warrantywise’s annual Reliability Index today. Warrantywise, the UK’s leading used car warranty provider, today reveals the results from its highly anticipated annual Reliability Index using data from 2020 to 2023 as it declares the Toyota Yaris … [Read more...]
Tradelines 6 March
Car makers, component suppliers and the recycling industry across Europe have criticised proposed new legislation on dismantling. A planned EU law would require the complete recycling of vehicles down to the smallest component, such as a circuit board, but the opponents say this is unrealistic, impractical and would generate more carbon emissions than would … [Read more...]
Poor reliability & higher costs drive change, says Carwow
Reliability and higher running costs are the top reasons for selling their motor according to a new survey by Carwow, the online car-changing marketplace. Nearly eight out of 10 respondents (78%) cited reliability as the biggest reason for changing their cars, while increased running costs (71%) came a close second on their list for choosing to … [Read more...]
Makers are building the ‘wrong’ cars for ev buyers, says executive
Cheaper electric cars are urgently needed for motorists to accelerate their switch away from petrol and diesel models, says an industry financial expert. Fleets need to be able to buy electric vehicles now that used car buyers will want in four years’ time – but are being hampered by a lack of choice, FleetCheck is warning. Peter Golding, managing director … [Read more...]
Driving up depreciation mile by mile
A new study by on-line marketplace Carwow has found how mileage severely impacts the value of used cars. The study reveals car valuations can drop by a staggering 27% once they tip over the 60,000-mile mark. As a result, owners looking to sell are now being advised to do so before their vehicle hits this 60k mileage milestone, typically when a new car's … [Read more...]
Essential to build NCDs, says broker
Car insurance premiums decrease by £745, a drop of almost a third (32%), after one year of no claims discount, according to Compare the Market. When drivers come to renew their policy, those who have not made a claim on their car insurance can typically receive a no claims discount, or no claims bonus, from a number of insurance providers, with the discount … [Read more...]
Turning the corner with an electric classic car
Since the government’s announcement to ban the sale of new petrol or diesel vehicles by 2035 and as more electric and hybrid cars start to roll off production lines, converting classic cars to electric powered motors is increasing. In fact, searches for ‘electric classic cars’ have increased by 40% in the past month as the rising popularity of … [Read more...]
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