Insurance premiums for van drivers have dropped an average of 2.3% in the last three months, according to the latest figures from data analytics company Consumer Intelligence. The average UK van insurance premium today stands at £1,065. With many businesses hitting the pause button due to the coronavirus pandemic, the number of vans on the […]
Production figures released this week by SMMT reaffirm the difficulties that all automotive businesses are facing as they try to restart while major markets attempt simultaneously to recover from a pandemic and tackle unprecedented sectoral challenges. Whilst June marked an improvement on April and May (when only 5,511 cars were built), production still declined by […]
UK car production declined -48.2% in June with 56,594 units made, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Although post-shutdown production slowly ramped up in the month, strict social distancing measures and weak demand across global markets continued to restrict output. June manufacturing for the domestic market was […]
UK commercial vehicle (CV) production increased by 23.9% in June, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT), with some 4,144 vans, trucks and buses leaving production lines last month. This increase follows a particularly weak June 2019 when output fell by more than half due to key model […]
As another week of trade talks between the UK and EU ended, the automotive industry is no nearer to knowing whether a comprehensive Free Trade Agreement will be in place by the end of the Transition Period on 31 December. Likewise, negotiations on a new trading relationship between the UK and US are still ongoing […]
With many commuters shunning the prospect of rail travel and season tickets, a marked reduction in road use outside cities and a shift towards remote working and home shopping, an overhaul of how the UK builds and manages transport and public mobility will be required. The survey’s results show why investment in road, rail and […]
The automotive sector has been particularly hard hit by the coronavirus crisis, with thousands of job losses already announced and many more at risk. So it’s bitterly disappointing that the chancellor this week stopped short of supporting the restart of one of the UK’s most important employers and a driver of growth – not just […]
The UK new light commercial vehicle (LCV) market declined -24.8% in June, as lockdown measures eased and businesses began to return to work, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). After a -74.1% fall in registrations in the previous month1, this is an improvement but betrays […]
The 102-year-old Warners Motor Group in Gloucestershire has seen soaring demand for motorhome rentals as holidaymakers plan UK trips because of restrictions on overseas travel. The family-owned firm was forced to close its showrooms and furlough most of its 75 staff during lockdown, but has kept its servicing and maintenance operations open for NHS vehicles […]
The issue of data security is one that’s impacting all kinds of businesses and individuals in all kinds of ways. This is the case now more than ever because of the way in which we share and rely on technology. A new problem that’s now becoming clear is that the UK used car market can […]
