Tag Archives: RAC

CVC Capital Partners forms partnership with GIC to invest in the RAC as Carlyle Group exits

The Carlyle Group (Carlyle), CVC Capital Partners (CVC) and GIC, Singapore’s sovereign wealth fund, announced today that funds advised by CVC have entered into a partnership with GIC and will become a co-shareholder in the RAC through the purchase of Carlyle’s stake. The investment was made from CVC’s Strategic Opportunities Platform, established in response to growing demand from large investors […]

RAC reaction to untaxed vehicle data

New official data shows the number of untaxed vehicles has more than doubled since 2013. RAC chief engineer David Bizley said: ’These are very worrying and disappointing statistics indeed. Sadly, the concerns we raised about the number of car tax evaders going up at the time the tax disc was confined to history have become a reality. ‘Prior to the […]

Drivers warned of wintry conditions

Motorists are being warned to expect the first wintry weather conditions of the season, with snow and gale-force winds making driving hazardous. The Met Office say a cold snap of snow, sleet and rain will hit large parts of the country this weekend. They have urged motorists to be prepare for ‘difficult’ road conditions as well as possible delays. Drivers […]

Ford optimises service with RAC

Ford technicians across its dealership network have been praised for the high quality of their vehicle servicing by RAC engineers. This follows a successful 10-year association to provide independent assessment of customer vehicle repair and servicing quality. The RAC Service Workshop Quality Programme, introduced in March 2005, carries out up to 10,000 Ford vehicle service inspections every year – equivalent […]

New proposals for driving test

The Department for Transport (DfT) has launched proposals to improve the driving test as part of a wide ranging review of motoring services in Great Britain. Only 21% of driving tests result in a first time pass. The majority of tests are repeat examinations. Under the new proposals the driving test fee would be reduced by requiring learner drivers to […]

Motorists worry about hidden garage costs

As many as six in 10 motorists (59%) claim to worry about hidden costs when booking their car into a garage for an MOT, service or repair. Research carried out by RAC Garage Compare found almost a quarter (24%) of those who admit to being fearful, describe themselves as being ‘very concerned’ of unexpected ‘extra’ charges. Sadly, for more than […]

Keychoice partner with RAC

Keychoice, the insurance distribution business owned by SSP, has signed a new deal that will see the RAC become the exclusive partner for motor breakdown. From early next year, brokers who are Keychoice members will have exclusive access to a fully integrated breakdown recovery scheme for cars, vans and motorbikes from the UK’s most experienced breakdown provider. In addition to […]

Young drivers underestimate cost of insurance

More than half of young drivers do not budget enough money to pay for their insurance in their first year of driving, new RAC research reveals. Fifty-six per cent of the 500 young drivers surveyed for RAC Black Box Car Insurance expected their first premium to be under £750 when the average insurance cost for 25-year-olds and under is in fact £810 […]

Motorists risk £6bn a year

Vehicle history data from the RAC reveals that nine out of 10 motorists are taking on unnecessary risk when it comes to vetting the next car in their life, as just 10% of used car buyers bother to check a car’s history before buying. With 2.8m used cars sold privately every year that means that over 2.5m are being bought […]

IPT increase will cost drivers £386m

Next week’s increase in insurance premium tax from 6% to 9.5% is due to cost motorists an extra £386m a year, taking their insurance tax contribution to over £1bn for the first time. RAC analysis of industry figures reveals that the tax hike – which comes into effect on Sunday (1 November 2015) – is yet another burden on motorists […]

1 2 3