Government should reform its dated Plug-in Truck Grant introduced eight years ago to reflect the progress made by the sector in developing new zero emission truck technology and help cut CO2 by 18.8 million tonnes a year, says the Society of Motor Manufacturers and Traders. Following billions in investment from manufacturers, there are now 27 models of zero emission trucks available to UK … [Read more...]
Newslines 22 November
Road Angel is on a mission to make Smart Motorways safer by introducing its new Lane Closure visual and verbal warning feature directly into the driver's car. The new feature is available across all Road Angel Pure devices which thanks to a strategic partnership with Transport England are connected to the smart motorway network delivering the most vital information directly into the driver's … [Read more...]
Dealers plea for Government help
Six in ten car dealers want prolonged support with grants and loans from Government. New research from Close Brothers Motor Finance reveals the priorities across the motor industry as they call for further Government support in light of Covid-19. The sector has been hit particularly hard by the UK lockdown, with new car sales plunging 97% year-on-year in April and recovery set to be a difficult … [Read more...]
Banks tardiness threatens coronavirus recovery
The Government must make lenders move faster to access the special loan scheme or businesses will fail, says the FTA. On 2 April, Chancellor Rishi Sunak MP announced changes to the government’s Corona Business Interruption Loan Scheme, vowing to take “all action necessary” to make sure government backed loans were benefitting businesses as planned. But only a month later, FTA, the business … [Read more...]