Twice as many electric vehicles (EVs) were registered in 2020 compared to the previous year, with new company car tax rates driving uptake.
Fleet and business new car registrations fall by 32%, with 400,000 fewer company cars registered, but fleets behind massive increase in EV new car sales.
The UK’s automotive trade body, the Society of Motor Manufacturers and Traders (SMMT), is calling on the UK Parliament to ratify the Brexit trade agreement.
A boom in home deliveries has raised fears about congestion and the impact on air quality, according to new research from LeasePlan.
Fleets are ordering electric vehicles in increasing numbers, but the latest company car registration figures show a dramatic decline in the overall market.
The Chancellor, Rishi Sunak, delivered a bleak assessment of the UK’s finances, warning the coronavirus crisis would create lasting damage to growth and jobs.
The German manufacturer has announced a customs duty related increase of more than £3,000 on the BMW i3.
After two consecutive quarters of decline, the UK’s used car market increased by 4.4% in Q3, according to new data from the SMMT.
There were some 2,500 fewer new cars registered to fleets in October, leaving registrations a third down on where they were this time last year.
Data will be available from January 1, 2021, to ensure fleets can continue to price vehicles accurately and easily, it says.
Fleets face having to spend an extra £2.8 billion on EVs over the next five years, with 'no deal' set to increase plug-in vehicle costs by thousands of pounds.
There were 166,678 new company cars registered with fleets and business in September, according to new figures published by the SMMT.
The latest figures released by the Society of Motor Manufacturers and Traders (SMMT) showed that registrations in August declined by 5.8%, suggesting another very disappointing month for the industry.
Plans to help protect jobs announced by the Chancellor, Rishi Sunak, have been welcomed by the fleet and leasing industry.
Automotive companies from across the UK and EU are calling for an ambitious free trade deal, warning ‘no deal’ will have a catastrophic impact on the industry.
New car registrations declined by 5.8% in August, leaving the market almost 40% down year-to-date.
Concerns about Level 3 technology and automated lane-keeping systems
The used car market halved in quarter two, but year-to-date decline and recent used car sales show the sector is recovering.
Fleet and business new car registrations showed little sign of recovery in July, but pent-up demand from private motorists provided some good news for carmakers.
Clock ticking on negotiations with Europe as UK bids to avoid car and van price increases.
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