The new Vehicle Excise Duty regime will hit the car rental industry with a 400% tax rise, damaging its ability to purchase the newest, cleanest vehicles and provide affordable mobility to millions of customers. A new report from Oxford Economics, commissioned by the British Vehicle Rental and Leasing Association, has found that the rental sector will be … [Read more...]
Retail News
Tradelines 15 February
Mitsubishi has named its all-new SUV “Mitsubishi Eclipse Cross” before it appears next month at the Geneva motor show. As befits its sharp, coupé-like contours, the Eclipse Cross name references the Eclipse sports car which amassed more than 1.4 million sales, mainly in North America between 1989 and 2012, while also referring to the cross-functional SUV … [Read more...]
New Isuzu D-Max is due for delivery
The new generation D-Max arrives in the UK this Spring and customers can now register their interest in the new truck. D-Max has been extensively overhauled with the biggest changes under the bonnet. A brand new 1.9 litre turbo diesel engine has been fitted, which produces 164 PS and 360Nm of torque. The engine builds upon D-Max’s workhorse character and … [Read more...]
Vauxhall face PSA merger deal to cut costs for firms
Vauxhall is facing the prospect of a merger with French vehicle maker PSA Peugeot Citroen. The British company’s parent and co-owner of Opel, General Motors, wants to divest itself of its two European operations. Vauxhall Opel and PSA have for five years collaborated on SUV and LCV projects but now their tie up could become more extensive and would … [Read more...]
Hefty discounts now available on new cars
Savings of more than £5,000 off the price of many brand new models are already on offer as car makers take action to combat an expected slowdown in sales. The discounts have even spread to some cars in premium brand ranges including Audi, Mercedes, Jaguar, Volvo and Lexus, which have had more than 15% cut from their price. Despite predictions that … [Read more...]
Overloading vans hits economy more than appreciated
An increase in fuel consumption of more than 20% between an unladen panel van and the same vehicle with 75% of its maximum payload has been recorded by Arval. The controlled trials were designed to underline the importance of ensuring that LCVs are only carrying the load needed on any given journey. A popular SWB panel van was driven in controlled … [Read more...]
AA Cars launches ‘Approved Dealer’ standard
AA Cars has launched its ‘Approved Dealer’ standard on its used car search website, in its continued bid to boost consumer trust. Independent dealers must offer AA car inspections or Franchise approved inspections of all their used cars stock as well as signing up to the AA’s 10-point Dealer Promise, before they can benefit from the trust associated with … [Read more...]
New car registrations hit 12-year high
The UK new car market achieved a 12-year high in January, said the Society of Motor Manufacturers and Traders. The total was 174,564 vehicles last month – a 2.9% year-on-year uplift and the highest level since 2005. The alternative fuelled vehicle segment grew 19.9% to take a record 4.2% market share – the first time 4% has been … [Read more...]
Newslines 3 February
Germany's auto industry is losing hope that trade tariffs with the UK can be avoided, several executives have told Reuters, despite warnings from British Prime Minister Theresa May that an overly tough stance on post-Brexit commerce would seriously harm the country's EU partners. " Merkel may force us to walk away from UK profits for the sake of … [Read more...]
Dealers’ positive view of sales prospects this year
The majority of UK car dealerships are positive about their business prospects for 2017, with 65% expecting growth over the next year, say Close Brothers Motor Finance. Despite many industry figures predicting the sector will contract in 2017, the majority of dealers surveyed monthly by Close Brothers Motor Finance remain resolutely positive about the … [Read more...]
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