Nissan wants $4.6 billion from major lenders to cushion the impact of the coronavirus pandemic. It’s been hit by falling demand, management shake ups and now the global effects of the coronavirus on production lines after years of expansion. Worried executives in the German car industry want the Government to lift the lockdown on dealerships now … [Read more...]
Massive compensation claim underway against VW
Lawyers for 70,000 UK motorists have won the first stage of a High Court action against Volkswagen UK over the installation of emissions cheating devices in its diesel vehicles. In December the court was asked to rule whether software installed in the cars was a "defeat device" under EU rules and in a judgement on Monday, Mr Justice Waksman ruled that it … [Read more...]
Newslines 20 March
Volkswagen has paid out £28.5 B in fines and settlements, and the German carmaker expects costs to add another £2 B, Chief Financial Officer Frank Witter told media. It was caught hiding excessive levels of toxic diesel emissions in 2015, leading to management changes and hundreds of regulatory probes and lawsuits but has so far resisted UK … [Read more...]
Diesel cars collapse in January new car decline
The UK new car market declined 7.3% in January, according to figures from the Society of Motor Manufacturers and Traders. Some 149,279 vehicles left showrooms as continued confusion surrounding diesel and clean air zones and ongoing weak consumer and business confidence continue to affect demand. Continuing low consumer demand was a key driver behind the … [Read more...]
VW’s rarest model you can chew over
You might be surprised to find that Volkswagen’s part number 199 398 500 is not intended for your car, rather for the hardworking factory attendants building each new model. It isn’t what you'd expect from the car-making giant, comes slathered in the car manufacturer’s very own ketchup, usually with a side of chips. It is a pack of the Volkswagen … [Read more...]
Newslines 16 January
Kia will introduce 11 BEVs over the next five years and they will make up 75% of sales, under the company’s Plan S strategy announced this week in Seoul. The remaining 25% of sales will be conventional eco-friendly internal combustion engined models but it also intends to increase income from car sharing mobility services including hydrogen … [Read more...]
Newslines 10 January
Just 88 models will be built of the Aston Martin V12 Speedster, influenced by the 1959 Le Mans winning DBR1 and developed from the 2013 CC100 Concept car (right). It will have a streamlined open cockpit body with two seats, a 700ps 5.2V12 engine and deliveries begin in early 2021, from an expected base of £750,000. The MINI Convertible … [Read more...]
Welsh car buyers most loyal in disappointing 2019
UK car sales last year hit a six-year low and the industry does not expect an early recovery but Welsh buyers were most loyal, writes Robin Roberts. The SMMT said today that overall sales in 2019 were 2.4% below the previous year at 2.31M new models. Consumer confidence, confusion over clean air legislation which is tightening each year and challenging car … [Read more...]
Newslines 2 January
Train fares across Wales have been reduced, bucking trends across the rest of the UK, from this week. Transport for Wales said overall average prices will drop by just over 1% but English services coming through Wales will rise about 2.8%. Interpol has issued Lebanon with an international arrest warrant for fugitive motor mogul Carlos Ghosn, but it’s … [Read more...]
Tradelines 11 December
Zap-Map, the UK’s most popular electric vehicle (EV) charging digital platform, today announces the launch of a free voice-activated function on Google Assistant, allowing users to search for EV charge points using voice commands at home, work or on the move including while driving using hands-free voice commands. Available on Android and iOS mobile … [Read more...]
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