The new light commercial vehicle market grew by 85.5% in March with 56,122 vans joining UK roads with the ’21 new number plate, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). Usually one of the busiest months of the year, March saw the largest ever increase since […]
Continuing its rapid pace of expansion, Aston Lark, the chartered insurance broker backed by Goldman Sachs, today announces the acquisition of DNA Insurance Services Ltd to further strengthen its already significant motor trade expertise. Established in 2003, with offices in Romford and Southampton, DNA Insurance is a motor trade specialist with over 10,000 customers. With […]
The UK new car market recorded its first ‘growth’ since August 2020, with 29,280 more units registered during March compared to the same month last year, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). However, the month represents the anniversary of the first lockdown in March 2020, when the pandemic brought […]
New research (1) from Ebbon Intelligence, a new company that uses artificial intelligence to help clients manage their automotive fleets more effectively, reveals that 453,461 people are planning to sell their cars this year to save money, and will rent vehicles instead when needed. A further 403,077 intend to sell their cars to help reduce […]
Last March few would have anticipated how tough the following days, weeks and months would be for us all as coronavirus ravaged the economy, society and people’s lives. For the automotive sector a particularly difficult time, with companies dealing with the pandemic alongside Brexit and the increasingly rapid technological shifts taking place. Despite the challenges, […]
The Road to Zero emissions took centre stage yesterday as SMMT unveiled a blueprint to deliver greater retail uptake of the latest electric vehicles, with new figures showing businesses are twice as likely as consumers to make the switch from petrol or diesel. The call came at SMMT Electrified, which saw industry, government and wider stakeholders come together at […]
DF Capital has worked with Zero Motorcycles for the past two years and in that time has helped the business grow its dealer base, increasing its visibility in the UK. Zero Motorcycles is a manufacturer of high-performance electric motorcycles, founded in in California in 2006. Combining the best aspects of a traditional motorcycle with today’s […]
UK commercial vehicle (CV) production declined -45.4% in February, with 4,308 units built, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). CV manufacturing entered its fifth consecutive month of decline as supply chain shortages, new customs processes and prolonged lockdown measures across the globe affected output, resulting in the […]
UK car production fell -14.0% in February, with 105,008 units leaving factory gates, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). 17,163 fewer cars were made, representing an 18th consecutive month of decline and the weakest February performance in more than a decade as the impact of […]
The Society of Motor Manufacturers and Traders (SMMT) has called for greater support for private retail uptake of electric vehicles, following new figures showing businesses are twice as likely as consumers to make the switch from petrol or diesel. SMMT analysis of new car registrations in 2020 show that just 4.6% of privately bought cars […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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