Rising inflation and cost of living will put the brakes on car sales, particularly electric models, says Close Brothers Motor Finance. It will also slow down the UK Government’s drive towards greener policies for other products and services, according to Lisa Watson, Director of Sales at Close Brothers. The cost-of-living crisis is having a … [Read more...]
Tradelines 6 July
Following the overwhelming success of its award-winning all-electric urban EV, Honda has unveiled a new Honda e Limited Edition, offering unique exterior styling for enhanced stand-out individuality. On sale from £38,120.00 OTR, the Honda e Limited Edition is based on the Advance Grade and is available for the first time in Premium Crystal Red paint with a … [Read more...]
Cars now more appreciated than before pandemic
Disruption during the Covid crisis changed Britain's driving habits, but motorists emerged loving their cars even more, according to Auto Express. Two years on from Britain's first Covid lockdown, a third of all drivers appreciate their car more than ever, even though a majority drive less often for leisure and personal reasons today than before the … [Read more...]
Young applying brakes to driving
Passing your driving test was once seen as a rite of passage for most youngsters, but times are changing. The number of young people getting behind the wheel now declining, research conducted by the UK’s largest independent road safety charity, IAM RoadSmart, has indicated why many young people aged 17-24 have put the brakes on learning to … [Read more...]
Bamford pushes on with £1 Billion hydrogen project
Green entrepreneur Jo Bamford has joined forces with multi-family office Vedra Partners to launch HYCAP, a hydrogen investment fund which has set its sights on raising £1bn. The capital, which already stands at more than £200m after the first round of investment, will be injected largely into UK businesses, with the focus on speeding-up green … [Read more...]
Commuters carried Covid contagion to communities
Commuters moving between different counties increased COVID cases in the UK significantly before lockdown was imposed, according to new research by Vienna University of Economics and Business (WU). The study, conducted by Professor Thomas Plümper, looked into spatial contagion between local counties in England and found that cross district spatial contagion … [Read more...]
Covid-19 polarises buyers around the nation
Covid-19 has polarised the world, and the nation – including car buyers. According to research from episode one of the annual Britain Under the Bonnet report, from Close Brothers Motor Finance, some 38% of drivers are more likely to delay buying a car due to the economic uncertainty caused by Covid-19 and Brexit, while 12% have brought forward their … [Read more...]
Fleets changing with the tide of life
Future car fleet management could soon develop into three relatively equal pillars – conventional fleet, grey fleet and salary sacrifice schemes – FleetCheck is forecasting. The fleet software specialist says that its conversations with customers about the impact of EVs and the pandemic so far in 2021 are indicating a shift in emphasis of this kind. Peter … [Read more...]
Newslines 1 March
Welsh Government is allocating a further £18.6M to underwrite public transport over the next six months. Details will be given in the Welsh Budget tomorrow. The cost of running a car for young drivers has fallen by £296 year-on-year, primarily driven by decreases in fuel and insurance costs, according to comparethemarket.com’s study. On average, a 17 to … [Read more...]
Grey clouds hanging over public transport
Grey fleet operations could see an explosion in vehicles over the next year as research shows an increasing number of people will shun public transport in favour of buying a car, FleetCheck is warning. Peter Golding (right), managing director at the fleet software specialist, pointed to a new Capgemini report that showed just 8% of people now see buses, … [Read more...]
