A new five year remarketing deal with Volkswagen Financial Services has been won by epyx.
The arrangement will see the company’s 1link Disposal Network used to remarket all VWFS vehicles as they reach the end of their lease periods and covers all VW brands – Audi, Bentley, CUPRA, Lamborghini, Porsche, SEAT, Skoda, Volkswagen and Volkswagen Commercial Vehicles.
After four years of development work, the BMW iX5 Hydrogen vehicle and its development project are entering its critical next phase as the first vehicles enter a pilot fleet of under 100 vehicles.
The fleet is being deployed internationally for demonstration and trial purposes and be the first chance for people not involved in the development process to gain a direct impression of what the BMW iX5 Hydrogen has to offer.
A strategy of building an open, honest and transparent partnership with its retailers has reaped rewards for Toyota, reflected today in the company being voted the best manufacturer to represent in in the 2023 Car Dealer Power Awards.
Car Dealer magazine’s annual study saw Toyota achieve an average score of 91.5 per cent from retailers’ assessments of a wide range of business elements, from the quality of finance offers, new car supply, return on investment and the accessibility of head office teams and the satisfaction percentage is higher than that achieved by last year’s winner and sees Toyota move up the rankings from eighth place in 2022.
A new survey of 1,000 car hirers by Opinium on behalf of iCarhireinsurance.com shows that more than four fifths (81%) would hire an electric car.
Just under one in four (24%) would like to hire an electric car to test one out but only one in ten (11%) would be willing to pay extra to hire an electric car hire and just under a quarter (24%) would not be prepared to pay more for an electric car, compared to a petrol or diesel hire car.
The electric car market continues to skyrocket in the UK as recognised by the Climate Change Committee and is one of the few shining lights in our journey towards a greener energy system, but now isn’t the time to take our foot off the pedal, said Fiona Howarth, CEO of Octopus Electric Vehicles.
“By setting a clear route to ban new dirty fossil fuel cars by 2030, the Government will ensure long-term investment in charging infrastructure, save UK drivers billions in running costs, and not to mention help to look after the planet,” she added.
A new European-wide Data Act has been agreed to simplify but secure information transfer between vehicles and technical companies providing essential services to the automotive sector.
The new legislation has built in safeguards but will prevent monopoly of data by a few handlers, such as car makers.