Former F1 boss Bernie Ecclestone hid £1.35m in trusts from HMRC in the year beginning April 6, 2015 and was handed a penalty of the same amount. The details are revealed in the latest list of deliberate tax defaulters published by HMRC. Rail, bus and road services will be disrupted in Cardiff on Wednesday when some city centre access will be restricted for fans attending the Noel Gallagher … [Read more...]
Finance News
EV holiday drivers face up to 120 hrs to charge cars
With the six-week holidays around the corner, Cornwall, Devon and North Wales have emerged as the best UK staycation destinations to visit in an electric vehicle. New research by ATS Euromaster has shown these hotspots ranking top in a nationwide study into the number of summer holiday visitors versus EV chargers in some of the UK’s leading staycation destinations. With EVs making up over a … [Read more...]
Newcomers 12 July
The sixth generation Honda Prelude was shown in Britain for the first time this week at the Goodwood Festival of Speed. The 2.0 litre petrol electric hybrid sports coupe resurrects the Prelude nameplate which ran from 1978 to 2001 in Britain and the newcomer is expected go on UK sale in Spring 2025, possibly with a four-wheel-drive transmission. Long-distance electric-only journeys are becoming … [Read more...]
Pent up demand about to be unleashed
Six out of 10 car dealers believe the second half of 2024 should improve on the first six months, suggest new findings as the new 74-plate is about to appear in September. July’s Startline Used Car Tracker shows that 35% believe consumer confidence is improving, 31% that interest rates should fall, 31% that stock supply is improving and 11% that the completion of the general election should … [Read more...]
The chips are down in tech-trade war
New research out this week reveals why German firms are refusing to join the United States’ tech trade war with China over semiconductor chips, a key component in modern electrical devices. University of Sussex and Kings College London researchers found heavy links between German car makers like Mercedes-Benz, BMW and Volkswagen, and the country’s semiconductor firms. With automotive companies … [Read more...]
Prioritise EVs and motor industry investment, says trade
A focus on electrification and investment in the UK motor industry should be among the priorities of the new Labour government, says the Vehicle Remarketing Association. Philip Nothard, chair at the trade body, said that while it was clear that the administration wouldn’t have large sums of money to spend, it should be concentrated in areas that produce the best results. “The Labour message … [Read more...]
Add more for less and get a lower premium
Young motorists aged under 25 could save up to £281 on their car insurance by adding an experienced named driver to their policy, said Compare the Market. It reveals the typical premium for a young driver is £1,859 with an additional named motorist on the policy. Without any other named drivers on the policy, the average premium for a young person is £2,140 – a 15% increase. However, all named … [Read more...]
Newslines 8 July
BYD Auto plans to build a US$1bn electric vehicle assembly plant in Turkey to target the domestic and European markets and circumvent EU proposed tariffs which would have pushed up prices by nearly half. The Chinese car maker has already announced a factory it will build in Hungary as it pushes expansion outside its home country and both investments will create thousands of jobs. A rise in … [Read more...]
Wish list to put the wheels under UK economy
Following last week's General Election, the automotive sector has written its wish-list for the new Labour Government and what it sees as priorities to boost sales and the economy on wheels. The RAC is calling for the new Labour Government to urgently tackle the most pressing concerns of the UK’s 40m motorists in its new transport policy. The poor state of local roads, rising insurance premiums … [Read more...]
Weekend roadtest: Honda e:Ny1 Elegance
Honda has just raised its game in the burgeoning Battery Electric Vehicle battle in Britain. Earlier this year it rolled out its family focussed e:Ny1 in two trim levels. The Elegance opens the range from just under £40,000 and comes with heated front seats and 15.1-inch infotainment screen while for just over £2,000 more the Advance version gains a heated steering wheel, parking system and large … [Read more...]
- 1
- 2
- 3
- …
- 165
- Next Page »