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...]
Testing times for industry and writers
The Society of Motor Manufacturers and Traders recently held its annual regional Test Days in the north and south of the country which are always much-liked and useful events on the calendar of many motoring scribes. An annual event that provides new cars galore on offer for motoring writers to road test in the same locality on the same day, always seems a … [Read more...]
Tradelines 5 October
The Kia Niro has been named the best new car on sale by leading car buying advice website Carbuyer.co.uk. The Niro, which is available with a choice of hybrid, plug-in hybrid and fully-electric powertrains, scooped no fewer than three of the 18 categories on offer. Kia has been named the top UK car brand by Reputation.com in the 2022 Automotive Reputation … [Read more...]
Welsh motor group sees profits soar
Welsh family business Day’s Motor Group saw its pre-tax profit soar threefold to nearly £24m last year. In its accounts – posted as C.E.M. Day Ltd – for the year ended December 31, 2021 and newly published on the Companies House website, the dealership chain said its profit before tax went from £7.66m in 2020 to £23.72m in 2021 – a rise of 210 per … [Read more...]
Bumping in the trade under HMRC watch
HMRC has identified an increasing risk of an error in the VAT returns for certain Franchised Dealerships, described as “Bumping”. HMRC are sending letters to some motor retailers that they believe are at risk from ‘Bumping’. Bumping is where there is a discrepancy between a vehicle sales invoice on the DMS system and the finance proposal one, which can … [Read more...]
Warming up for winter
With temperatures dropping across the UK, and fuel prices rising, Graham Conway, Managing Director at Select Car Leasing shares ways drivers and their cars can stay warm behind the wheel without breaking the bank. “On frosty cold mornings, many drivers will wake up extra early to whack the heating up in their car. Whilst this won't consume a significant … [Read more...]
Britains best and worst cars listed
Britain’s most and least reliable cars have been revealed in the 2022 What Car? Reliability Survey, held in association with MotorEasy. Feedback from 24,927 car owners on 248 models and 32 brands was analysed by the country’s leading consumer champion and new car buying platform, What Car?, to find the most dependable vehicles. Four models achieved a … [Read more...]
Safety and higher emissions issues from older vehicles
A time-bomb in safety and environmental issues is on our roads. With a shortage of new cars and cost of switching to electric vehicles holding back sales, the average age of the UK car park has risen to 8.7 years. That's a rise of 12 months in the last decade and with the brakes on new business and models coming through it is believed the average age might … [Read more...]
Charger availability will be 98% worse in 2031
Finding an electric car charger in 2031 will be 98% harder than it is today, according to a GoCompare Car Insurance. This emerges despite the ban on new petrol and diesel car sales, which is set to come in from 2030, highlighting that the country’s infrastructure may struggle to accommodate electric vehicles. Last year, there were 266 electric vehicles … [Read more...]
Stellantis struggling in showrooms
Franchised car dealers have been rating their manufacturers in the annual survey. An analysis of the ‘overall average score’ across all questions of the survey (6.4) put Lexus at the top with 9.2 points out of 10, followed by Mercedes (8.4) and Kia (8.4). The bottom of the table saw Fiat (3.7), Abarth (4.4), and Alfa Romeo (4.7), which is bad news for the … [Read more...]
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