The Vehicle Remarketing Association (VRA) has announced it will be holding a free seminar that will discuss the key challenges the remarketing sector will face in 2020.
A no-deal Brexit “presents an existential threat” to the UK’s automotive industry, the SMMT has warned new Prime Minister Boris Johnson.
Vauxhall's Ellesmere Port plant could be closed if the UK's exit from the EU makes it unprofitable, warned Groupe PSA boss Carlos Tavares.
Trade body SMMT warns the next Prime Minister ‘no deal’ Brexit could cost the UK auto industry up to £70m a day in tariffs and delays to parts at the border.
It is likely that the proliferation of early churn on PCP cars is causing a bit of volume pressure in the retail market and thus also damaging ex fleet cars.
By Eddie Flanagan, partner and head of asset finance at Corclaim
British carmaker posted a £358 million loss in its latest set of annual financial results – despite returning to profitability in Q4.
Honda will close its Swindon vehicle manufacturing plant at the end of the current model’s production lifecycle, in 2021.
Cap HPI is working with car manufacturers to ensure that vehicle price data can be updated in its system promptly, in the event of a no-deal Brexit.
Chevin Fleet Solutions is urging fleets to check their fleet management software capabilities to make sure it can cope with additional demands ahead of Brexit decisions.
A ‘no deal’ Brexit may have been avoided for now, but uncertainty over the UK’s future relationship with the EU is taking its toll on the car industry.
The new car position has been a disappointment for the fleet sector amidst hopes the economy would see an upturn as Brexit was settled. This has not been the case.
It says businesses are at risk of breaching their duty of care obligations after more than 150,000 drivers, who took their driving test outside Britain, obtained a UK licence last year.
Brexit chaos, the suitability of FORS, WLTP and salary sacrifice are the diverse range of issues fleet decision-makers are currently concerned with.
UK new car registrations declined by 3.4% last month, with fleet and business registrations falling by 3.9%, as political and economic uncertainty and continuing confusion over diesel affected demand.
Fleet operators are tackling a “forest of fires” thanks, in part, to the Government being unable to set the agenda because of Brexit, says ACFO chairman John Pryor.
The fleet industry and garage network faces no shake-up in competition law governing vehicle distribution and maintenance as a result of Brexit, according to Fleet Assist.
Fleet decision-makers are being urged to attend ACFO’s spring seminar next Wednesday (March 27) to gain clarity on a number of topical issues.
By Edward Flanagan, Partner at Corclaim
The car industry is urging MPs to remove the prospect of a ‘no deal’ Brexit today (Wednesday, March 13) after the Government lost its latest vote.
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