Rising parts' costs and insurers writing off accident damaged EVs are pushing up premiums and causing concerns to fleets as well as business and private drivers. Now it is suggested that collaborative working could help fleets contain rising vehicle repair costs, a meeting of the Association of Fleet Professionals’ Megafleets Committee was told. David … [Read more...]
Premiums rise & much higher for older drivers
The cost of car insurance has risen by 18% year on year, according to new Premium Drivers research from Compare the Market but older drivers are being priced off the roads. The typical premium stood at £850 in May 2024 after rising by £132 over the previous 12 months. The increase in the cost of car insurance in the past year may in part be due to a rise … [Read more...]
Tradelines 15 May
Kia has sold its 1.5 millionth car in the UK this April, amid a record-breaking month for the brand. The landmark 1.5 millionth sale was a Kia EV6 ‘GT-Line S’ in Yacht Blue, sold at 9:35am on Tuesday 16 April at Norton Way GWR Kia in Brentford, London., some 33 years after Kia made its UK debut with the Pride. Average fleet parts prices have risen by more … [Read more...]
Protection for parts supply until 2029
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...]
Toyota Yaris tops for reliability, German marques low
THE Toyota Yaris is the most reliable of the UK’s best-selling cars. From nippy city runarounds to larger family motors, British drivers have always had their favourites when it comes to getting from A to B with as little fuss as possible. Now warranty specialists MotorEasy have run the numbers on the top 10 models to see which of them really delivers … [Read more...]
Carmakers clamour for Brexit deal
A ‘no-deal’ Brexit must be ruled out now to avoid damaging one of the EU’s most valuable economic assets, the Society of Motor Manufacturers and Traders is warning. Time is running out, and negotiators on both sides of the Channel must prioritise the agreement of terms for a managed withdrawal and ‘status quo’ transition as soon as possible. ‘No-deal’ … [Read more...]
