The Volkswagen Group will pay out £193 million to more than 90,000 UK motorists after reaching an out-of-court settlement in a seven-year litigation process relating to Dieselgate. With each claimant receiving about £2,000 it marks the end of a campaign which has cost the manufacturer about £26 Billion since it fitted suspect devices to diesel models which … [Read more...]
Tradelines 25 May
Just one in four fleets (26%) say that they have been affected by the global semiconductor shortage that has caused a marked reduction in worldwide vehicle production. Findings from the Arval Mobility Observatory’s 2022 Barometer show that 16% report having been impacted when acquiring petrol, diesel and electric vehicles (EVs); 5% on EVs only; and 5% on … [Read more...]
Experts to outline challenges facing repair sector
Leading automotive research and training provider Thatcham Research is the latest organisation to join the 150-strong roster of influential speakers and training experts at the inaugural UK Garage and Bodyshop Event, held at Birmingham’s NEC on 8 & 9 June. Thatcham Research will be talking about, and demonstrating, the most dynamic changes affecting the … [Read more...]
Tradelines 18 May
The entire Audi range has been refreshed and given new colours for orders placed after 23 May. District Green, Ascari Blue, Chronos Grey and Dew Silver have been created with Audi Exclusive matt finishes Floret Silver matt and Daytona Grey matt newly available for RS Q3 and TT RS models and standalone Audi Exclusive paint finishes are reinstated as options … [Read more...]
EV and used car sales are soaring
The UK’s used car market increased 5.1% in the first quarter of 2022, according to the latest figures by the Society of Motor Manufacturers and Traders. Some 1,774,351 transactions took place, with 86,596 additional cars changing hands compared with the same period in 2021, when car showrooms nationwide were closed due to pandemic-related lockdowns with … [Read more...]
Car ownership is old fashioned, says sharing business
The relationship between the British public and their vehicles has changed a lot over the last few years. With the rise of working from home and hybrid work schedules, car ownership numbers all over the country and the entire UK are dropping considerably. In fact, the Society of Motor Manufacturers and Traders found that March 2022 saw new car sales … [Read more...]
New car sales crumble, used-models in demand
New car sales are still crumbling under the weight of supply shortages, rising costs and concerned buyers facing higher costs of living. UK new car registrations fell by -15.8% to 119,167 units in April, according to the Society of Motor Manufacturers and Traders. Despite showrooms being open for the entire month, unlike the previous year which saw … [Read more...]
EVs spark life into 24 year car sales slump
New car registrations collapsed to a 24-year low last month, despite bulging orders which car makers cannot supply. UK new car registrations fell by -14.3% to 243,479 units in March, according to the latest figures from the Society of Motor Manufacturers and Traders. Wales bucked the trend and saw 9,523 new cars registered with the new 71-plate in March, a … [Read more...]
EV owners will have to pay for skills gap
Britain's heading for an electrified future, but also head-first into a skills gap and UK electric vehicle owners will be the first ones having to pay for it, according to Lawrence Whittaker, CEO at Warrantywise. “It’s highlighted by recent figures from the Society of Motor Manufacturers and Traders that show more cars (31,120) registered in February 2022 … [Read more...]
EVs lead sales recovery – Government must help
UK new car registrations rose by 15.0% in February as 58,994 new cars joined Britain’s roads, said the Society of Motor Manufacturers and Traders. The rise of 7,682 units was in comparison with the same month in 2021, when the pandemic shut car showrooms across the UK. Despite this positive performance, registrations are down -25.9% on pre-pandemic levels, … [Read more...]
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