The European car market registered its seventh consecutive month of decline in March 2019, JATO reports. Ongoing political and economic uncertainty, including lack of clarity around Brexit, alongside consumer preoccupation with diesel bans in cities, meant that overall demand continued to decline. While overall demand may be on the decline, the good … [Read more...]
Motorists funding Governments more than EU
Road users are keeping UK and other Governments afloat, according to figures from motor manufacturers. The importance of the motor car and road vehicles is shown by new figures from the car makers which indicates motor vehicle taxation brought in €428 billion per year to governments in the EU-15 countries alone. This figure – up 3.5% compared with the … [Read more...]
Newslines 23 April
Lower prices, reassurances over battery life and more accessible charge points are among the things drivers claim would persuade them to switch to an electric car, it has emerged. But despite electric vehicles estimated to emit 50 per cent less greenhouse gas than diesel, just seven per cent of motorists have already made the switch and the study of 2,000 … [Read more...]
More owners turning to used models instead of new
Buyers are turning their backs on new cars in favour of used models, says a leading finance house. Brexit, a global slowdown, and confusion over fuel type have caused 2.4 million drivers to think twice about buying new car. The findings from a new report published today by Close Brothers Motor Finance found, in the past year, the proportion … [Read more...]
Newslines 25 March
Hyundai has announced UK pricing for NEXO, the company’s 2nd generation hydrogen fuel cell electric vehicle which is available to order directly from Hyundai Motor UK. The £65,995 NEXO brings the very latest in hydrogen fuel cell and electric powertrain technology, with a range of up to 414 miles and it joins Kona Electric and IONIQ Electric as … [Read more...]
Newslines 5 March
Volvo will limit the top speed of its models to 112mph (180kph) from 2020. It’s also considering electronically reducing speed around schools and hospitals without the driver intervening. Three consecutive months of price reductions on the UK’s forecourts came to a crashing halt in February as both petrol and diesel went up. Data from RAC Fuel … [Read more...]
Dealers worried over deadline for petrol & diesel cars
Close Brothers Motor Finance’s Dealer Satisfaction Survey has found that two-thirds (66%) of car dealers believe the Government’s plans to ban petrol and diesel cars by 2032 will be too early. The qualitative survey of more than 200 dealers nationwide found that the vast majority (86%) believed the ban would cause another layer of confusion to the market, … [Read more...]
Trial clears doubts & raises questions for evs
An extensive 18-month trial has thrown up interesting insights into the UK electric charging network and its use by vehicle drivers. By the time the Electric Nation project ended in December 2018, data had been collected from more than 140,000 electric vehicle charging instances. Analysis suggests that there is likely to be sufficient flexibility to … [Read more...]
EVs hire scheme to drive change
The InclusivEV Demonstrator project, a €3.8million pan-European project which aims to widen access to electric vehicles through an affordable car sharing scheme, successfully launched its first demonstration site in Solihull, West Midlands in December. InclusivEV addresses the issues facing city neighbourhoods by increasing accessibility to EVs. Through … [Read more...]
Stretching the imagination to the real range of EVs
A persistent belief that pure electric vehicles are only suitable for low annual mileage needs to be overturned, says Arval. The vehicle leasing company says that the applications for which EVs are appropriate depend much more on the daily driving profile of each driver. Shaun Sadlier, Head of Consulting, said, “This is a myth that we hear regularly – … [Read more...]
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