UK based Fintech Quotevine today announces an exciting new partnership with leading independent vehicle leasing, outsourcing and fleet management provider, Zenith, which solves a longstanding terms management problem that has held back several leasing companies and Motor Manufacturers in the UK. Together, the two companies will tackle the pain points around terms management which they […]
The UK’s new heavy goods vehicle (HGV) market declined slightly in the third quarter of 2020, down -1.6% with 8,419 units registered, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). The decline was far smaller than that seen in the first half thanks to the easing of the UK’s […]
The UK’s used car market increased by 4.4% in Q3 after two consecutive quarters of decline, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). During the busiest quarter since the end of 2016, some 2,168,599 transactions took place between July and September, 92,217 more than the same […]
Highest October on record for UK LCV market, as registrations increase by 13.3%, with 28,753 units registere Growth in demand driven by heavier end of the van market, as operators expand fleets ahead of Christmas seaso Year to date market yet to make up 75,000-unit shortfall, with performance in first 10 months down -24.1%, as […]
The UK new car market declined again in October, with registrations falling by -1.6% year on year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The industry recorded 140,945 new registrations last month, making it the weakest October since 2011 and -10.1% lower than the average recorded […]
The presence of electric cars in the automotive industry has been growing substantially over the last few years. Because of the rise in demand for electric vehicles (EVs), some of the world’s top manufacturers in the automotive industry have started to develop their own electric models. There were around 2.1 million electric vehicles sold globally […]
UK car production fell in September, with output down -5.0%, to register the worst performance for the month in 25 years, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Factories turned out 114,732 cars, a decline of some 6,000 units on the same month in 2019, as […]
UK commercial vehicle (CV) production increased 3.3% in September, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). 7,603 vans, trucks, taxis and buses were built in Britain last month, an increase of 240 units driven by production to fulfil several large UK fleet orders. Output for the […]
Academy Leasing is delighted to announce they have supported Lancashire-based business, SEP Rail Services, expand their operations and secure new contracts. The new fleet of leased vehicles supplied by Academy Leasing will play an instrumental role in helping drive their business forward. The firm which measures, models, and engineers the nation’s railways has built a […]
The automotive industry has demonstrated incredible resilience during what has been a damaging year for both vehicle manufacturing and sales, two critical contributors to the UK economy. In the important month of September, the number of new cars registered by UK buyers decreased by -4.4% according to the latest figures released by SMMT this week. […]
