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UK auto sector is worldclass
- 12/11/2015
- Posted by: Simon Wait
- Category: News
The UK automotive sector’s workforce is one of the world’s most productive – but action is needed to address a shortage of skilled engineers and operators, according to new research by the Automotive Council. The report, which ranks the UK’s strengths and attractiveness for automotive investment against [...] -
Glasurit parrot celebrates 90th birthday
- 11/11/2015
- Posted by: Simon Wait
- Category: News
In 1925, when it was created, no one would have imagined that it would have had such an illustrious future. Back then, Glasurit didn't choose just any member of the parrot family, they chose the Ara, the largest and most colourful species of parrot with its primary colours of red, blue and yellow, indicating that any [...] -
Kwik Fit apologises after investigation
- 11/11/2015
- Posted by: Simon Wait
- Category: News
Kwik Fit has apologised unreservedly after an undercover investigation by the BBC has exposed tyre inflation deception at the company. The investigation came after customer complaints and a whistle-blower who still works for the company raised concerns about the way the company sells tyre inflation services. On [...] -
Car buying trends are evolving
- 11/11/2015
- Posted by: Simon Wait
- Category: News
New data from Contracthireacar.com reveals that while certain trends in the car world are undoubtedly evolving, some things haven’t changed. Crossovers, a minority style of car when Contracthireacar.com’s data began in 2006, now account for a fifth of the firm’s year-to-date leasing deals. With 20% of [...] -
VW drivers could face 10-month wait
- 11/11/2015
- Posted by: Simon Wait
- Category: News
Motorists are being warned that work to fix some of the cars affected by the Volkswagen diesel emissions scandal will not start until next autumn. Paul Willis, the boss of VW's UK divisions, said work on vehicles with 1.6-litre EA189 engines is scheduled to get under way on 26 September. It is hoped work on cars [...] -
Record sales for BMW
- 11/11/2015
- Posted by: Simon Wait
- Category: News
Following on from the best ever first three quarters in the company’s sales history, October was another record month for BMW Group deliveries. Sales of BMW, MINI and Rolls-Royce brand vehicles totalled 191,651 for the month, an increase of 4.0% compared with the same period last year. In the first ten months of [...] -
BFS pledges SME cash
- 11/11/2015
- Posted by: Simon Wait
- Category: News
More loans are expected to flow to small businesses after Bibby Financial Services (BFS) has pledged to increase its funding for UK small and medium-sized enterprises (SMEs) by more than £290m after refinancing with a banking club. The invoice finance provider has agreed a new deal with Barclays Bank, Bank Of [...] -
VW causes fall in Porsche profits
- 11/11/2015
- Posted by: Simon Wait
- Category: News
Profits at Porsche, which owns a controlling stake in Volkswagen, have plunged in the wake of the diesel emissions scandal at VW. Porsche's pre-tax profit more than halved to €1.19bn (£841m) for the nine months to 30 September. The luxury carmaker warned last month that profits would be hit by the [...] -
Young drivers underestimate cost of insurance
- 11/11/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
Tesla rival plans EVs for 2017
- 10/11/2015
- Posted by: Simon Wait
- Category: News
New US start-up company Faraday Future plans to start building electric cars by 2017, it has been revealed. Backed by a Chinese billionaire, the firm is set to take on Tesla Motors, starting with a one-billion-dollar investment in a new automotive factory. Faraday, which is based in California, US, is the latest [...]