The motor trade has seen little improvement in business since Covid restrictions and components shortages ended almost exactly 12 months ago, they have told their trade body. “New car sales have now seen 12 consecutive months of recovery since the pandemic related supply chain shortages. NFDA conducted a flash poll of its members and found that retailers … [Read more...]
Tradelines 2 August
New electric tram trains that will revolutionise transport across the South Wales valleys were unveiled this week at their new £100 million depot at Taff’s Well. As part of the South Wales Metro project by Transport for Wales, they are capable of operating on both electric lines and battery power up to 62mph and carry 252 passengers. Commuter scooters … [Read more...]
Stock funding key in troubled times
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 … [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 … [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 … [Read more...]
Classic cars & what to look out for
According to the latest data from Britain's historic vehicle club, there are nearly 700,000 classic car owners in the UK. Although there are plenty of benefits to owning a classic car, there can also be lots to think about when buying, selling, restoring or driving a classic model. While classic cars are loved for their vintage appeal, the flip side … [Read more...]
RAC service plan and mobile mechanics
Hard-up Welsh drivers are the most likely in Britain to do their own servicing, they have told the RAC. Cost-of-living pressures have forced almost a quarter of drivers (23%) to either put off getting their vehicles serviced or do it themselves with or without the help of a friend or family member, a new survey of 2,000 UK drivers by the RAC has … [Read more...]
On-line car sales falling out of favour
The latest sales push by car makers to sell direct to buyers under an agency agreement is likely to face resistance in the market, according to results of a survey by Go.Compare. It found that 46% of buyers say they are reluctant to purchase from a car sales website because they like to see the vehicle in person before they buy it. The insurance comparison … [Read more...]
Van replacements extending, say AFP
Some van fleet operators are discovering that replacement cycles can be stretched to up to eight years without encountering major problems, the Association of Fleet Professionals is reporting. Paul Hollick, chair at the industry professional body, said that a range of new skills had been developed by fleet managers that were making these longer cycles … [Read more...]
Car makers urge UK Government to boost EV support
The drive is on to transform motor manufacturing in Britain. The UK automotive sector has urged all political parties to adopt five pledges and supercharge its competitiveness as part of a dedicated industrial strategy – with a £106 billion prize up for grabs from now until the end of the next parliament. A commitment to transforming automotive production, … [Read more...]
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