Pressure is mounting for new car prices to be slashed after sales plunged to their lowest for 50 years in January. Buyers who cannot visit showrooms during lockdown and who are concerned about jobs and income have put the brakes on business and now manufactuers face fines if they cannot reduce their fleet average this autumn. More sales have moved on-line … [Read more...]
EVs on charge in collapsed UK market
The UK new car market fell almost a third last year with registrations dropping 29.4% to 1,631,064 units, according to the Society of Motor Manufacturers and Traders today. A -10.9% decline in December wrapped up a turbulent year, which saw demand fall by 680,076 units over 12-months to the lowest level of registrations since 1992. Against a backdrop of … [Read more...]
When a car is not enough
The Ford Transit van entered the best-selling used car list for the first time in 2020, in a year in which online deliveries grew substantially, says AA Cars, the AA’s used car website. The Ford Transit was the ninth best-selling used vehicle of 2020, as a growing number of people who had lost work or been made redundant turned to delivery driving to … [Read more...]
Tradelines 29 July
Sixty apartments costing up to £1.65M will be built overlooking the Silverstone GP racing track and come complete with a clubhouse and leisure facilities. The leasehold apartments with balconies will be fully managed and can be rented out when not in use by their owner who will benefit from access to all major meetings from May 2022. The UK’s … [Read more...]
Tradelines 13 May
Bus and train passengers will have to queue for fewer seats and are being advised to stagger journey times and consider alternative routes if possible, under Government plans for the gradual return to work. Cars are preferred for longer commutes so expect jams, but cycling and walking is also suggested after the Government said it wanted people to return to … [Read more...]
Payment holiday reassurance for vehicle finance
The millions of drivers with car finance deals will be greatly reassured to know the FCA has their back, said James Fairclough, CEO of AA Cars retail arm. “In effect these guidelines mean that anyone who is worried about keeping up with their repayments because their income has been impacted by the Covid crisis will be entitled to a three-month payment … [Read more...]
Newslines 6 March
The new Morgan Plus Four is the latest lightweight two-seater from the quintessentially British car-maker from Malvern costing almost £63,000. It replaces the 94 year old steel ladder chassis with an aluminium platform shortened from the Plus Six and power comes from a 255hp BMW 4cyl 2.0L petrol engine giving 0-62mph of 4.2sec, a maximum close to 150mph and … [Read more...]
AA rely on WMS Group warranties
AA Cars has appointed the award-winning WMS Group as their new warranty provider in a move targeted to shake up the used car warranty market. An initial five-year deal will begin on 1 April 2020, where WMS will be responsible for the administration and claims handling of all add-on products under and affiliated to the AA Warranty brand including the Dealer … [Read more...]
Welsh car buyers most loyal in disappointing 2019
UK car sales last year hit a six-year low and the industry does not expect an early recovery but Welsh buyers were most loyal, writes Robin Roberts. The SMMT said today that overall sales in 2019 were 2.4% below the previous year at 2.31M new models. Consumer confidence, confusion over clean air legislation which is tightening each year and challenging car … [Read more...]
Best selling used-cars surprises
Hyundai Tucson is the fastest-selling used car of 2019, while Ford and Vauxhall models dominate the best-selling list, reveals analysis by AA Cars used cars website. The Hyundai Tucson has repeated its success from 2018, with the model spending the shortest time on the site, compared to other car models, before being snapped up by speedy … [Read more...]
