The UK’s used car market increased 5.1% in the first quarter of 2022, according to the latest figures by the Society of Motor Manufacturers and Traders. Some 1,774,351 transactions took place, with 86,596 additional cars changing hands compared with the same period in 2021, when car showrooms nationwide were closed due to pandemic-related lockdowns with … [Read more...]
Retail News
Car ownership is old fashioned, says sharing business
The relationship between the British public and their vehicles has changed a lot over the last few years. With the rise of working from home and hybrid work schedules, car ownership numbers all over the country and the entire UK are dropping considerably. In fact, the Society of Motor Manufacturers and Traders found that March 2022 saw new car sales … [Read more...]
Bridgestone planning entry into EV charging
Tyre giant Bridgestone will enter the UK EV charging network in the near future. Bridgestone is adding more weight to claims that UK motorists are accelerating away from internal combustion engines, with further research suggesting that an electric vehicle revolution is rapidly approaching - due in part to soaring fuel bills. As recent statistics … [Read more...]
E-scooters’ plans and legal steps
University of Warwick proposes new quality and safety regulations report for e-scooters, which are expected to be outlined in the Queen's Speech when opening Parliament today. The UK is the last major Western economy not to legislate ‘Powered Micro Vehicles’. The University of Warwick wants to change that and has proposed a new set of regulations for … [Read more...]
New law is fraught with risks for drivers
Switching a self-driving vehicle between fully autonomous and merely assisted is fraught with dispute and litigation risks – a claims expert from loss recovery firm Corclaim has warned. It comes after planned changes to the Highway Code – which are designed to provide guidance to the courts and police, and are expected by July – will allow motorists using … [Read more...]
New drivers looking for EVs
A high proportion of learner drivers want their first car to be electrified, they told pollsters for the Motor Ombudsman. A survey revealed that nearly half (42%) of respondents would prefer their first car to be fully electric (26%) or in part electric i.e. a hybrid (16%), after passing their driving test. The research also found that male provisional … [Read more...]
Weekend roadtest: Kia Stonic ‘2’ 1.0T manual
Kia has built its reputation in the UK with its family-friendly SUVs so it was probably only a matter of time before introducing its compact SUV. Based on the Rio hatchback, the new Stonic has a longer body and stands slightly higher on the road with added ground clearance over the supermini stablemate. The Kia Stonic comes in eight versions: two engines … [Read more...]
EVs registrations climbing through April
Latest UK electric car sales data shows one in ten new cars registered in April were fully electric. This data is from New AutoMotive’s Electric Car Count (ECC) – the most up-to-date and comprehensive electric car sales data in the UK. British brand Jaguar is the quickest by far to electrify, with 47% of cars sold in April being fully electric. Petrol … [Read more...]
Newslines 6 May
Automotive finance provider, JBR Capital, has launched into 2022 with a record-setting four-month period – the most successful since the company was founded in 2015. Based in London, JBR Capital has lent over £80 million from 1 January to 30 April 30, enabling an ever-growing number of clients to fund their passion for high-end vehicles. The new 536bhp … [Read more...]
New car sales crumble, used-models in demand
New car sales are still crumbling under the weight of supply shortages, rising costs and concerned buyers facing higher costs of living. UK new car registrations fell by -15.8% to 119,167 units in April, according to the Society of Motor Manufacturers and Traders. Despite showrooms being open for the entire month, unlike the previous year which saw … [Read more...]
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