Honda has updated the retail offer for the e:Ny1 electric vehicle. e:Ny1 can now be purchased from £349.00 per month, with 0% APR Representative and a £3,500 Honda Deposit Contribution and the offer is available from now until the 30 September 2024. Fleets should consider making it a disciplinary offence for drivers to override the new intelligent speed … [Read more...]
Fuel prices rip off claim
Motorists are being ripped off by petrol companies,claims the AA has which says falling oil prices are not being reflected on forecourts. The motoring group calculates drivers are overcharged by more than £5 a tank. "Questions will be asked about the fairness of pump prices during the great oil crash of 2020," the AA said. The RAC has said the same. Bu … [Read more...]
EVs used sales soar nearly a quarter
The flow of used evs coming to market jumped 23.4% last year, show latest figures from the Society of Motor Manufacturers and Traders. This is going to be a challenge for the resale trade but a tremendous opportunity said Seán Kemple, Director of Sales at Close Brothers Motor Finance. The SMMT’s used car registrations show a slight 0.1% decline in sales of … [Read more...]
Drivers more likely to ditch diesel next time
The shift away from diesel has more drivers planning to choose an eco-friendly car than ever before, says AA Cars. Looking at people who have used its site, nearly a quarter (22%) claim they are ready to make the switch despite a lot of confusion over Government policies. The AA-Populus poll of over 20,000 drivers shows that this would be a dramatic … [Read more...]
Older diesels enjoying demand on forecourts
The used car market should prepare for a potential oversupply of petrol cars in the medium term, says the Vehicle Remarketing Association. The trade body, which represents organisations involved in the sale of 1.5 million used cars every year, says that while there has been a relatively sudden and marked move towards petrol in the new car sector, there … [Read more...]
Hundreds of jobs go as Discovery production goes abroad
Hundreds of jobs will be shelved in the Midlands after Land Rover today announced plans to move Discovery production to its new Slovakian plant early next year. The Solihull plant employs 10,000 people and will be cleared out to make way for a new range of electric models in the early part of the next decade which will use a multi-mode platform for Range … [Read more...]
Slow start to used sales but diesels rise
Britain’s used car market had a slower but relatively solid start to the year, with sales surpassing 2 million in the first three months, said the Society of Motor Manufacturers and Traders. It reported 2,031,661 vehicles changed hands, a -4.8% (-102,295 units) year-on-year decline compared with Q1 2017. Demand for petrol engine cars fell -9.7%, as … [Read more...]
Used car dealers urged to plan for diesel’s decline
Used car dealers should be starting to think about an inevitable shift away from diesel towards petrol that is likely to take effect in around two years, says the Vehicle Remarketing Association. The trade body, which represents businesses that process 1.5 million cars for remarketing every year, says that the change in the used car market – which has … [Read more...]
Europe is turning its back on diesel, says JATO
The decline in diesel sales is accelerating across Europe. The European car industry had a solid 2017, with new registrations totalling 15.57 million, an increase of 3.1% when compared to 2016 and the highest volume of registrations since 2007 when 16.02 million units were registered but there is still concern over the results of the UK, according to the … [Read more...]
Diesel sales recovering with newer models
The diesel is not dead, says CAP hpi. Vehicle data expert cap hpi has cited a better than average performance from diesel vehicles for this time of year for the past three months in a row (July – September) with motorists favouring diesel vehicles (50.9%) over petrol during September 2017 based on sales volumes. In its latest Black Book data, cap hpi … [Read more...]
