Northvolt has won an order worth more than $14 billion over 10 years from Volkswagen, which increases its stake in the Swedish lithium-ion battery maker. Northvolt will sell its share in joint-venture Northvolt Zwei in Salzgitter to the world’s No. 2 carmaker, which becomes the German gigafactory’s single owner. Volkswagen entered into a partnership with … [Read more...]
Budget does little for car sales
The Budget is first aid for the motor industry but will not fix underlying long term ailments, according to the Society of Motor Manufacturers and Traders. “Today’s budget provides some encouragement to an automotive sector hit hard by the pandemic and additional trading costs but it falls short of the support needed to transform the industry and market to … [Read more...]
Newslines 16 February
Conservative Senedd members have criticised the nationalized Transport for Wales planned 2.6% rail ticket price rise. The increase from 1 March is in line with plans for English railways but has not been discussed in the Senedd and a statement from the Welsh Conservatives said it was hypocritical of TfW and shocking for passengers. British drivers are … [Read more...]
Staggering 75% stolen cars never recovered
More than 200 cars are stolen every day and the trend is rising. The data has been revealed following a Freedom of Information request Rivervale Leasing submitted to the Swansea-based DVLA. The Government's records made pretty grim reading because around 75,000 vehicles were nicked last year, that’s nearly 20,000 more than in 2019. So we’re … [Read more...]
EV performance analysed with some surprising results
Leasing Options looked at the UKs top EVs can drive the length of the nation in the shortest time and for the least money, if they were allowed to travel. The route starts at the tip of the UK at John o’ Groats, all the way down to the most southern point, Land’s End. Which is 837 miles, meaning that there will be stops along the way at charging … [Read more...]
Newslines 15 January
Bus and train services through Wales have been reduced. The effects of Covid-19 on staffing and a decline in passenger numbers have combined to hit them while more users have also resorted to private transport to make journeys, and people have been urged to check service details before travelling. Ford UK prices have risen and now reflect increases … [Read more...]
EVs on charge in collapsed UK market
The UK new car market fell almost a third last year with registrations dropping 29.4% to 1,631,064 units, according to the Society of Motor Manufacturers and Traders today. A -10.9% decline in December wrapped up a turbulent year, which saw demand fall by 680,076 units over 12-months to the lowest level of registrations since 1992. Against a backdrop of … [Read more...]
Tradelines 6 January
Sales of electric cars have overtaken petrol and diesel in Norway. Tesla has also been knocked off the top spot by Volkswagen as BEVs collected 54.3% of registrations in 2020. As it eased into its second century, luxury Bentley sales soared to their highest ever despite the pandemic last year. The Crewe-based company saw 11,206 registrations around the … [Read more...]
When a car is not enough
The Ford Transit van entered the best-selling used car list for the first time in 2020, in a year in which online deliveries grew substantially, says AA Cars, the AA’s used car website. The Ford Transit was the ninth best-selling used vehicle of 2020, as a growing number of people who had lost work or been made redundant turned to delivery driving to … [Read more...]
More families shifting towards used cars
In a year shaped by a pandemic and strict social distancing restrictions, drivers have still been able to get their hands on the car they wanted, said Seán Kemple, Managing Director of Close Brothers Motor Finance. "In fact, a new-found reticence to use public transport has shifted attitudes toward car ownership, a trend likely to grow even … [Read more...]
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