Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold within 30 days of being on a stocking … [Read more...]
Retail News
DVLA review is underway to cut costs
An independent review has started into the DVLA, headquartered in Swansea & employing 6,000 staff. The Government want it to fall in line with other departments and agencies to make a 5% cost savings and hopes the study will be completed by the end of this year and report early in 2024. Janette Beinart, non-executive director of the Cabinet Office and National Highways, will lead the … [Read more...]
Range Rover is UK’s most polluting vehicle
Britain’s most polluting and cleanest cars have been revealed. But they are nowhere near as dirty as those on American roads. In the USA, the Jeep Grand Cherokee Trackhawk 6.2V8 Supercharged 4x4 emits 3,319kg of CO2 annually, closely followed by the Ford F-150 Raptor and Mercedes-Benz G-Class G 63AMG. In Britain, the Range Rover Sport 3.0 HSE DV6 pushes out 1,607kg of CO2 a year, the BMW X5 … [Read more...]
Car makers concerns over recycling laws
The EU has unveiled its End-of-life vehicles Regulation to boost vehicle circularity while pushing ambitious recycled content targets. ACEA is concerned that the proposal could duplicate or complicate existing rules and industry best practices on sustainable design. Law makers must instead ensure a coherent regulatory environment that enables manufacturers to scale up vehicle circularity … [Read more...]
Oil is not in short supply, says environmental group
Since the EU imposed sanctions on Russia, there has been a redrawing of the global oil map, according to a new study . Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. Transport & Environment (T&E), who carried out the study, says the EU is missing a historic opportunity to cut oil consumption and reduce the continent’s … [Read more...]
EV complaints rising, reports troubleshooter
Motorists' complaints about electric vehicles and dealers selling them are rising, reports The Motor Ombudsman. The latest increase may be put down to a greater number of consumers getting behind the wheel of pure battery-driven models, and the cost of living crisis driving more individuals to recoup financial losses, as pressures on household budgets continue to build. The … [Read more...]
Potholes problems see more calls for RAC help
The poor condition of Britain’s local roads is laid bare today by new figures from the RAC which show its patrols went out to more than 8,100 pothole breakdowns between April and June 2023, the highest number in five years. Since the start of 2023, the RAC has dealt with 18,250 breakdowns for damaged shock absorbers, broken suspension springs or distorted wheels – the call-outs which are most … [Read more...]
Supermarkets cashing in during crisis, says RAC
Following news that lower fuel prices helped reduce inflation last month new RAC analysis has revealed supermarket margins on petrol and diesel have more than doubled since Russia invaded Ukraine. Prior to the start of the war in Ukraine the big four supermarkets, which dominate UK fuel retailing, were making a margin of just under 5p (4.7p) a litre on fuel – 3.7p for petrol and 5.7p for diesel. … [Read more...]
First drive: Honda ZR-V SUV
Honda’s tightened its hold on the SUV sector with this month’s announcement of the ZR-V, squarely aimed at families and retail buyers. The Japanese car-maker has a very loyal following and while it wishes existing owners will consider the newcomer when they want to change, it also hopes to hook in buyers from other brands as the sector now accounts for almost six-in ten new cars … [Read more...]
Smaller vehicles key to cheaper technology?
New analysis from the green group Transport & Environment has shown that Europe and the UK have a number of options that could curb the expected consumption of key metals from electrifying passenger transport by up to 49% between now and 2050. Demand for raw battery materials will rapidly increase as many countries race to switch to zero-emissions road transport, essential for climate goals, … [Read more...]