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....From September, new diesel models will have to pass stricter, more realistic driving tests, although they will still be allowed to emit double the official limit to allow for suggested uncertainties in the measurements. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, which represents the UK motor industry, said: “What has been proven by official UK government emissions tests is that new cars meet legal requirements. ... [Read full article on Guardian ]
Friday 23rd of June 2017 10:33:14 AM
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Latest diesel car models remain highly polluting, tests show image
Source : Guardian [Read Article] Friday 23rd of June 2017 10:33:14 AM
....From September, new diesel models will have to pass stricter, more realistic driving tests, although they will still be allowed to emit double the official limit to allow for suggested uncertainties in the measurements. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, which represents the UK motor industry, said: “What has been proven by official UK government emissions tests is that new cars meet legal requirements. ...
Bank of England doves right to thwart hawks seeking interest rate rise image
Source : Guardian [Read Article] Thursday 15th of June 2017 01:18:37 PM
....The third is that the state of the economy favours the five MPC doves. Households are spending less, the housing market is weak, new car registrations have plunged and wage growth has fallen back, even though more people are in jobs. ...
Are cheap car loans the vehicle taking us to the next financial crash? image
Source : Guardian [Read Article] Saturday 10th of June 2017 03:00:29 PM
.... Applying takes no time at all, but the payback threatens to last a lot longer. The car financing industry is confident that this new breed of ultra-low-cost loans, which account for 82% of all new car registrations and are known as personal contract plans (PCPs), are a safe and secure way of financing new cars. ...
Electric cars accelerate past 2m mark globally image
Source : Guardian [Read Article] Wednesday 7th of June 2017 01:06:40 PM
....In some European countries, growth has been so fast that electric cars are taking significant market share from petrol and diesel cars. Nearly a third of new cars sold in Norway are electric, the highest proportion worldwide, followed by 6. ...
UK households cut back as Brexit effect on pound hits living costs image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:01:14 AM
....British households are cutting back as the Brexit effect on the pound continues to raise living costs, according to a clutch of reports that show shops, car dealerships and other consumer-facing businesses coming under pressure last month. Uncertainty about the outcome of Thursday’s election was also cited as a factor as the reports showed a drop in retail sales, a slowdown for the vast services sector and a fall in new car sales last month. ...
UK car registrations fall 8.5% in May image
Source : BBC [Read Article] Monday 5th of June 2017 09:07:21 AM
. Sales of new cars fell 8. ...
UK policymakers face a dilemma over public's slowing demand for credit image
Source : Guardian [Read Article] Wednesday 31st of May 2017 07:17:49 PM
.... And they should be worried. Many of the biggest, shiniest new cars zipping round UK streets would still be sitting on the garage forecourt without ultra cheap credit deals that rival mortgages for their rock-bottom rates. ...
UK car production fall blamed on late Easter image
Source : BBC [Read Article] Thursday 25th of May 2017 07:27:24 AM
....Figures released earlier this month from the SMMT also showed a sharp fall in car sales in April. However, the near-20% drop in new car registrations was blamed by the SMMT on consumers bringing forward purchases to March to avoid a rise in Vehicle Excise Duty. ...
UK car production falls at fastest rate in more than two​-​and​-​a​-​half years image
....“Car production fell significantly in April due to the later Easter bank holiday weekend, which reduced the number of active production days that month, and also due to unplanned production adjustments,” said Mike Hawes, chief executive of the SMMT. The drop in car production echoed the trend in new car sales, which fell 20% in April compared with a year earlier, as government cuts to subsidies for green cars and a rise in prices hit demand. ...
British sports car maker Lotus bought by China's Geely image
Source : BBC [Read Article] Wednesday 24th of May 2017 11:28:43 AM
....Jean-Marc Gales, who became Lotus chief executive in 2014, has been trying to return the Norwich-based company to consistent profit after two decades in the red. It was effectively locked out of United States in 2015 when its airbags failed to comply with new car safety regulations, but Lotus returned to the American market last summer. ...
Debt fears remain despite manifesto 'breathing space' plans image
Source : BBC [Read Article] Monday 22nd of May 2017 11:24:11 PM
....The biggest focus in recent times has been on car finance deals. The value of finance deals used to buy new cars has soared to a new monthly record, according to latest figures, with motorists having spent £3. ...
More Pritt Stick than Pippa  image
Source : BBC [Read Article] Thursday 18th of May 2017 11:00:06 PM
....While a glass marquee might be nice for some, her fellow millennial brides are turning their backs on horse-drawn carriages in favour of homemade decorations and a few drinks at the local pub. Costing somewhere between a new car and a house deposit, the average wedding day in 2016 spiralled to an average of £27,000 outside London and £38,000 inside the capital, according to wedding planning site Bridebook. ...
Dear John Lewis, all I want is my £155 refund … refunded image
Source : Guardian [Read Article] Wednesday 17th of May 2017 06:00:01 AM
....“The amount refundable was mistakenly debited to the customer’s old account number. Unfortunately, despite flagging this as a potential issue during a conversation with the Partnership Card adviser, the refund was not then transferred to her new card. ...
Car finance deals soar to new record image
Source : BBC [Read Article] Friday 12th of May 2017 10:21:27 AM
. The value of finance deals used to buy new cars has soared to a new monthly record, according to latest figures. ...
UK high street sales weak as shoppers focus on buying essentials image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:01:52 AM
.... Retail sales were 1. 8% lower in March than in February, the Society of Motor Manufacturers and Traders said new car sales were almost 20% lower in April than a year earlier, while the Halifax said house prices in April – the start of the spring housebuying season – fell 0. ...
Drive carefully – I can see a credit car crash up ahead | Phillip Inman image
.... Car leasing has a large fanbase of customers who consider themselves much better off than they really are. They can secure a brand new car stuffed with the latest comforts and gadgets for a payment every month that is the same as someone paid for a whole loan 20 years ago. ...
New car registrations dive 20% after tax increase image
Source : BBC [Read Article] Thursday 4th of May 2017 10:44:38 AM
. Sales of new cars plunged nearly 20% in April from a year ago, but the industry said the fall was due to consumers bringing forward purchases to avoid a rise in Vehicle Excise Duty (VED). ...
UK car sales drop by a fifth after tax changes and price rises image
Source : Guardian [Read Article] Thursday 4th of May 2017 10:27:22 AM
.... “April is always one of the weakest months for new retail but with record low interest rates and record high employment levels consumer demand remains high,” she said. Mike Hawes, SMMT chief executive, said: “It’s important to note that the market remains at record levels as customers still see many benefits in purchasing a new car. ...
Put just £40 a week aside to enjoy a happy retirement image
Source : Guardian [Read Article] Saturday 22nd of April 2017 06:00:06 AM
.... It surveyed 2,700 retired and semi-retired Which? members and found that, on average, retired couples spend £18,000 a year on life’s essentials – food, heating, transport etc – and £26,000 a year once the extras are included, such as holidays. For the better-off, spending on long-haul holidays, golf club membership and a new car every five years, the “luxury retirement” figure came in at £39,000 a year. ...
Average UK car insurance premiums up 8% in a year image
Source : Guardian [Read Article] Friday 21st of April 2017 08:54:53 AM
....com said that prices have risen by 16% over the past year, with the average premium for comprehensive cover now £781. “Coupled with hikes in road tax for new cars and petrol prices rising since the start of 2017, it’s likely that many drivers will feel the cost of motoring burning a sizeable hole in their pockets,” said a spokesperson. ...
Financial watchdog to investigate car finance market image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:47:47 AM
....More than two-thirds of cars are now financed through finance agreements, not only encouraging sales, but drawing customers back to take out a new finance package on a new model after two or three years. In some dealerships, 90% of new car registrations are financed this way. ...
Diesel car owners may be paid to trade in under new UK air quality plans image
Source : Guardian [Read Article] Saturday 15th of April 2017 11:49:17 PM
....Under the plans, the scrappage scheme could encourage drivers to give up their diesel cars if they live in towns or cities with particularly acute pollution problems. There had been reservations about the idea of a scrappage scheme over fears it would be giving handouts to wealthy diesel owners who want to buy a new car. ...
Small towns seethe at bank closures, but others are plotting a new future image
.... Customers who lose a debit card don’t have to call the bank and wait a week for a replacement. They can pop into a branch and staff will print out a new card in minutes. ...
My week as an Uber courier: my bike got stolen, but I kept my five-star rating image
.... I fill out an online form, watch a video explaining how the service works and take a test to make sure I’m paying attention. After passing, I’m rewarded with a link to download the app, and a flurry of text messages urging me to saddle up and get on with my new career. ...
UK new car sales speed to record high image
Source : Guardian [Read Article] Wednesday 5th of April 2017 09:14:46 AM
....New car sales in the UK hit an all-time high last month, with more than half a million vehicles registered, including a record number of diesel models. A total of 562,337 new cars took to the roads in March as sales of new cars rose 8. ...
Record UK car registrations in March image
Source : BBC [Read Article] Wednesday 5th of April 2017 08:17:31 AM
....March was the best month to date for UK car registrations, according to the car industry trade body. The Society of Motor Manufacturers and Traders (SMMT) said 562,337 new cars were registered in March, up 8. ...
Cash in the pocket image
Source : BBC [Read Article] Friday 31st of March 2017 09:16:50 PM
UK businesses welcome May's free trade call but warn of no-deal Brexit disaster image
.... Car parts can cross the Channel four times before they end up on a finished vehicle. Furthermore, almost 70% of the new cars bought from Britain come from European factories while half of Britain’s new car exports go to the continent. ...
Do not let Brexit ruin car industry, urges chair of London Taxi Company image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 07:51:15 AM
. The chair of the company behind the first new car plant in Britain for more than a decade has urged the UK and European governments not let Brexit ruin the country’s automotive industry. ...
London Taxi Company's new Ansty Park plant opens in Coventry image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:04:13 AM
.... . It is the first all-new car factory in the Midlands since 2003, when Aston Martin opened its state-of-the-art plant at Gaydon in Warwickshire. ...
Charge electric cars smartly to take pressure off national grid – minister image
....John Hayes, transport minister, said it was important that such battery-powered cars were topped up in smart ways to avoid unduly stressing the energy system. He said he hoped the accelerating uptake of electric cars, which registration figures show are growing faster than conventional new cars, could catalyse a wider debate on how best to manage the UK’s energy demand. ...
Buy your new car now to save thousands of pounds ahead of excise hike image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:00:32 AM
. A radical overhaul of car tax rates comes into force on 1 April, and means anyone about to buy a new car – and particularly an expensive low-emissions vehicle – should consider bringing forward their purchase if possible. ...
Trump begins rollback of Obama's car pollution standards to curb emissions image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:22:11 PM
.... There are already more than 100 car and SUV models that meet standards that stretch beyond 2020, with the Chevrolet Volt, Toyota Prius, Chevrolet Spark and Smart ForTwo already matching the 2025 standard. American drivers are also set to lose out, with the Obama rules forecast to save an average of $8,000 on gasoline costs for a new car. ...
Northern, Southern rail and Merseyrail staff on strike image
Source : BBC [Read Article] Monday 13th of March 2017 06:55:36 AM
....". Arriva Rail North, which operates Northern trains, proposes to modernise the network by 2020 with the introduction of 281 new carriages, 243 upgraded trains, 2,000 extra services each week and better stations. ...
Diesel emissions: the clues were there image
Source : Guardian [Read Article] Sunday 12th of March 2017 09:30:14 PM
.... This has implications for proposed diesel scrappage schemes. In order for it to work, new cars have to be cleaner than the scrapped ones. ...
Road tax rises image
Source : BBC [Read Article] Friday 10th of March 2017 10:07:22 PM
. The way we pay road tax will change significantly from 1 April and it is something to consider if you're going to be buying a new car. ...
Hammond: Budget National Insurance rise due to 'new challenges' image
Source : BBC [Read Article] Thursday 9th of March 2017 04:44:28 AM
....In his first Budget, Mr Hammond also announced a £2bn cash injection for social care services in England, and £345m in help for firms hit by business rate rises across England. Mr Hammond acknowledged the care system was under pressure with an ageing population, and said the new £2bn for services in England over the next three years would allow councils to "act now to commission new care packages". ...
Budget 2017: NHS, families, cars - your questions answered image
Source : BBC [Read Article] Wednesday 8th of March 2017 05:14:18 PM
.... And as announced in last year's Autumn Statement, fuel duty will be frozen for the next five years. Also, a new set of bands for vehicle excise duty (still known colloquially as road tax) will start this April but for new cars only. ...
Philip Hammond’s budget – our writers give their views | Polly Toynbee, Zoe Williams, Frances Ryan, Faiza Shaheen and Kate Maltby image
....The chancellor doesn’t look like a gambler – but giving nothing at all to the NHS is a high-stakes risk. His £2bn over three years for social care is too little to feed through to any easing of the A&E and hospital bed crisis: the parched community service for adults and children will drain it dry, with no new care home beds created. ...
Budget 2017: £2bn for social care and tax rise for self-employed image
....The government has been under pressure to offer more resources for social care budgets, with council leaders warning the entire system stands on the "brink of collapse" without an immediate cash injection and a commitment to a long-term solution. Mr Hammond acknowledged the system was under pressure with an ageing population, and said the new £2bn for services in England over the next three years would allow councils to "act now to commission new care packages". ...
How to save WH Smith from its 'godawful uniformity' image
Source : Guardian [Read Article] Tuesday 7th of March 2017 04:52:17 PM
.... Onlookers might look down their nose and say it’s a bit soulless, but it has become a convenience store and it capitalises on that high footfall traffic. ” Maybe get some new carpets, though. ...
Rethink rates now or face retail disaster, shops tell chancellor image
Source : Guardian [Read Article] Tuesday 7th of March 2017 07:01:35 AM
....”. The SMMT said new car registrations were broady stable in February, with demand down just 0. ...
'It was devastating': families and residents suffer as care homes close image
.... “But I thought afterwards… it really would have needed millions spending on it, so it couldn’t remain as a care home, because what entrepreneur is going to spend millions and get very little back?”. She and Gareth found a new care home in Bexhill, the neighbouring town. ...
Car deal image
Source : BBC [Read Article] Monday 6th of March 2017 12:49:19 PM
.... . While Europe will gain a new carmaking giant - PSA will be second only to Volkswagen - the future is much less certain for the UK. ...
Budget 2017: The misplaced confidence of the British consumer image
....If you are in trouble, consolidate your debts into a cheap personal loan - and, hey presto, manageable payments and a little left over to spend. And if you want a new car - hey, there's no-deposit finance. ...
Uber is smart, simple and seductive. But should we still be using it? image
....There are Uber drivers who would beg to differ, including the 80 who submitted testimonies to Frank Field MP. Many argued that the fee they take home amounts to less than the minimum wage after deducting costs, and that once they’ve shelled out for a new car using a loan purchase agreement, they’re effectively trapped into driving for Uber, even if it unilaterally drops the prices it pays them. ...
Car wars image
Source : BBC [Read Article] Tuesday 28th of February 2017 01:04:48 AM
. An almighty row has broken out over who should have access to all the data new cars generate. ...
Drive off with a secondhand car for less image
Source : Guardian [Read Article] Saturday 25th of February 2017 06:59:05 AM
. Over the past three years consumers have increasingly been relying on credit to fund new car purchases, with nearly nine out of 10 private vehicles bought this way during 2016, according to the Finance & Leasing Association. ...
Six auction sites' ads banned over misleading savings claims image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:00:27 AM
. Controversial auction website MadBid, which makes claims in full-page national newspaper adverts about brand new cars sold for under £500 or iPhones for less than £100, has been found guilty of misleading customers following an investigation by the Advertising Standards Authority. ...
How to drive a hard bargain image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
. The new car registration date on March 1 usually triggers a rush of motorists chasing the latest number plates, with a knock-on effect in the second-hand market. ...
Chemical giant Ineos to build heir to Land Rover Defender image
Source : Guardian [Read Article] Monday 13th of February 2017 09:36:50 AM
....“Our new 4 x4 has been inspired by it. But while our off-roader might share its spirit, our new car will be a major improvement on previous models,” he said. ...
Sadiq Khan: government must pay drivers £3,500 to scrap diesel cars image
Source : Guardian [Read Article] Sunday 12th of February 2017 07:05:00 AM
.... “The toxic state of our air leaves us with no choice but to rid our city of the most polluting diesel vehicles. It is shocking that nearly half of new car sales in the UK are still diesel vehicles and the national system of vehicle excise duty still incentivises motorists to buy these polluting cars,” Khan said. ...
UK electric vehicle boom drives new car sales to 12-year high image
Source : Guardian [Read Article] Monday 6th of February 2017 09:42:11 AM
. The number of new cars registered in the UK hit a 12-year high in January, with electric vehicles taking a record share of the market, according to the Society of Motor Manufacturers and Traders (SMMT). ...
Hermes courier: 'I felt pressured to work while caring for my dying son' image
Source : Guardian [Read Article] Thursday 26th of January 2017 06:02:39 PM
....“It was pressure on me because I was scared I was going to lose my round,” she said. “My son had had his legs amputated, so I was thinking I will need to get wheelchairs, a new car. ...
Hiring a carer for my mother was a huge learning curve, but help is available image
.... That’s the nature of a progressive condition. Symptoms creep up on you, bringing new care needs just when you thought everything was working well. ...
How to break costs: Drive a hard bargain if changing your car image
Source : Daily Express [Read Article] Sunday 15th of January 2017 12:01:00 AM
....NEW OR USED? . While a new car may be more expensive to buy than a used vehicle, the good news is that it should be cheaper to run. ...
How did Amazon know my new Visa card information before me? image
Source : Guardian [Read Article] Thursday 12th of January 2017 07:00:21 AM
.... I only have one card registered and, although it was due to expire at the end of the month, it was still valid. Amazon told me the new card had been added to my account on 12 December, but couldn’t explain to me how. ...
Rolls-Royce Motor Cars boss pledges future in UK despite Brexit qualms image
Source : Guardian [Read Article] Monday 9th of January 2017 10:29:38 AM
.... “Rolls-Royce Motor Cars exports motor cars throughout the EU and imports a significant number of parts through the region. “For BMW Group, more than half of Minis built and virtually all the engines and components made in the UK are exported to the EU, with over 150,000 new cars and many hundreds of thousands of parts imported from Europe each year. ...
Fancy a career change? Look before you make your leap image
Source : Guardian [Read Article] Monday 9th of January 2017 07:00:10 AM
....”. ■ “Look at your new career as an investment in your life,” says Rutterford. ...
UK household debt now a record £13,000, says TUC image
Source : BBC [Read Article] Sunday 8th of January 2017 12:28:50 AM
....". The exclusion of student debt from the figures makes a significant difference to the total amount of unsecured debt, which refers to borrowing through credit cards and loans, including finance for new cars. ...
Declutter your cupboard if you want, but it won't save the planet | Frank Trentmann image
.... At the same time, Britons bought more than 2. 7m new cars last year, more than ever before. ...
UK car sales at record high in 2016 image
Source : BBC [Read Article] Thursday 5th of January 2017 07:45:28 AM
British car industry body warns of sales downturn as uncertainty kicks in image
Source : Guardian [Read Article] Thursday 5th of January 2017 12:01:34 AM
....A fifth consecutive year of growth saw nearly 2. 7m new car registrations in the UK last year, a rise of 2. ...
Sweden's best-selling car not a Volvo image
Source : BBC [Read Article] Tuesday 3rd of January 2017 01:14:56 AM
....The Golf made up 5. 9% of new cars bought in the country, while Volvo's V70, S90 and V90 took 5. ...
Just how old is your train carriage? image
Source : BBC [Read Article] Wednesday 28th of December 2016 11:22:09 AM
....TransPennine Express trains, in the north of England and Scotland, are the newest at just nine years old. Campaigners said train quality was a "postcode lottery" but the government says it is rolling out new carriages. ...
Lloyds Bank buys MBNA credit card firm for £1.9bn image
Source : BBC [Read Article] Tuesday 20th of December 2016 07:29:36 AM
....Lloyds set aside an extra £1bn in October for PPI mis-selling as it revealed that pre-tax profits had fallen 15% in the third quarter to £811m. Lloyds said that MBNA would retain its own branding and cardholders would not transfer to a new card. ...
Housing worries image
Source : BBC [Read Article] Thursday 15th of December 2016 12:28:11 AM
...."We saw this in the US leading up to 2008," says Eric Schmidt, the chief executive of a Beijing-based multinational and a regular financial commentator on state TV. "The government is really trying to make it easy for anybody to get loans in order to purchase new houses, new cars, whatever it may be. ...
Motorists at risk from log book delays image
Source : BBC [Read Article] Wednesday 7th of December 2016 01:41:00 PM
....After asking repeatedly for his logbook, motorist James Laddie applied to the DVLA for a new one. The three-month delay proved expensive: "The council would not transfer our old parking permit to the new car without proof of ownership. ...
Growing business fleet demand fuels rise in new car sales image
Source : Guardian [Read Article] Monday 5th of December 2016 10:48:04 AM
.... So far this year, more than 2. 5m new cars were registered – a record for the 11-month period. ...
We need to rethink workers’ rights in today’s gig economy | Matthew Taylor image
Source : Guardian [Read Article] Wednesday 30th of November 2016 09:28:58 AM
.... In America, for example, new business models are combining gig work with employee ownership. As well as the challenges, the review will look at the opportunities new forms of work create for groups such as older workers and carers, and also the scope for new career progression routes. ...
Cars could cost £1,500 more after single market exit image
Source : Guardian [Read Article] Tuesday 29th of November 2016 09:00:00 PM
....“Import tariffs alone could push up the list price of cars imported to the UK from the continent by an average of £1,500 if brands and their retail networks were unable to absorb these additional costs,” it added. Based on the average price of a new car sold in the UK of £23,029, it would amount to a 6. ...
New research shows savings crisis for Britons is getting WORSE image
Source : Daily Express [Read Article] Tuesday 29th of November 2016 05:15:00 PM
.... . They would use £22,000 to clear debts and spend the remaining £21,400 on a holiday, a new car and home improvements. ...

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