The Competition and Markets Authority has recommended that the existing retained Motor Vehicle Block Exemption is replaced with an updated UK-specific Motor Vehicle Block Exemption Order to stay in place until 2029. “We are pleased that the CMA understands there are issues with the existing MVBER which need to be addressed for a new UK MVBEO, including … [Read more...]
Retail News
Employees missing out on tax break
Current conditions are hampering take-up of salary sacrifice with many failing to fulfil their potential as a result, said the Association of Fleet Professionals. The organisation says that although employees are keen in theory to join salsac schemes, the initiatives are being badly affected by a range of factors including highly restricted electric vehicle … [Read more...]
Car sales slowing across Europe
With the EU car market expected to shrink by over a quarter this year compared to pre-pandemic 2019 levels, the European Automobile Manufacturers’ Association is calling for a policy framework that enables the market to both recover and make the shift to zero-emissions. These include greater resilience in Europe’s supply chains, an EU Critical Raw Materials … [Read more...]
Tradelines 12 October
GWM ORA UK has appointed two major Lookers Group sites as official retailers for GWM ORA products, adding showroom locations in Wolverhampton and Braintree. These latest appointments further strengthen GWM ORA’s Retailer network ahead of official order books opening later this year after it appointed Peter Vardy for Scottish supplies. Jaguar Land Rover UK … [Read more...]
EV cost savings explained by Vanarama
The electric vehicle experts at Vanarama have compiled the most common savings associated with EVs to reveal how much motorists could save per month, year, and total vehicle ownership over four years by making the switch to an EV. With the UK's cost of living on the rise, many drivers may be looking at long-term changes they can make to alleviate the … [Read more...]
Families sell cars to pay bills
The cost of living crisis is forcing families to sell their cars, according to October’s Startline Used Car Tracker. Almost one in four (23%) say they already or are going to reduce the number of cars in their family while 61% say that tightening personal finances have changed their attitudes to car ownership for the worse. Paul Burgess, CEO at Startline … [Read more...]
Buried treasure on four wheels
The keys to a brand-new car have been buried somewhere in the UK by Scrap Car Comparison, and the hunt is almost on to find them. With the cost of driving creating a barrier for many that need to travel to work or various appointments, Scrap Car Comparison is aiming to take the sizeable upfront expense out of the equation for one lucky driver: the cost of … [Read more...]
Study begins into EV drivers’ habits
A point by charge-point study is being carried out into how drivers of electric vehicles boost their power. Zap-Map, the UK’s leading charge point mapping service, and UK law firm TLT have joined forces to uncover where, when and how UK consumers are charging electric vehicles (EV) – and what this means for the development and funding of the public charging … [Read more...]
Newslines 10 October
EV drivers who charge mostly from home will see a small rise in electricity costs from 28p to 34p per kWh as part of the Government’s October Energy Price Cap. The price cap will remain in place until 2024 so it’s a good news story for those who are able to charge at home, especially as domestic electricity prices were set to rise to 52p per kWh from … [Read more...]
First drive special: New generation EVs are charging into showrooms
A whole new cell of cars is being created for our electric future and some of them were lined up at the annual SMMT driving day for motoring writers last week. We have seen hybrid adaptations of some familiar models and they have been joined by pure electric derivatives but these are about to be replaced by a completely new generation from the world’s … [Read more...]
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