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UK commercial vehicle production grows 26.5% in best May for a decade

UK commercial vehicle (CV) production grew 26.5% in the fifth month of 2022, with 7,900 new vans, buses, trucks, coaches and taxis leaving British factory lines, new figures published today by… The post UK commercial vehicle production grows 26.5% in best May for a decade appeared first on London Business News | Londonlovesbusiness.com.

Car makers treble battery range and deliver 15-fold increase in model choice in a decade

Average battery range of vehicles at annual SMMT Test Day grows from 74 miles to almost 260 miles during Britain’s first ‘electric decade’. Industry confirms commitment to zero-emission motoring, from… The post Car makers treble battery range and deliver 15-fold increase in model choice in a decade appeared first on London Business News | Londonlovesbusiness.com.

April new car market declines -15.8% as supply constraints see 2022 outlook downgraded

UK new car registrations fell by -15.8% to 119,167 units in April, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Despite showrooms being open… The post April new car market declines -15.8% as supply constraints see 2022 outlook downgraded appeared first on London Business News | Londonlovesbusiness.com.

Aston Martin accelerates journey to a world-leading sustainable ultra luxury business with announcement of Racing. Green. strategy

Aston Martin has today hit the accelerator pedal on its journey to becoming a world-leading sustainable ultra-luxury automotive business, with the announcement of an ambitious new sustainability strategy, Racing.Green. Launched… The post Aston Martin accelerates journey to a world-leading sustainable ultra luxury business with announcement of Racing. Green. strategy appeared first on London Business News…

Revealed: Car owners will spend £3,100 a year on car ownership costs

Insurance Revolution has explored in detail how much money car owners must spend on maintaining their vehicle. These costs include car insurance, servicing, petrol and other expenses. Aside from the car purchase… The post Revealed: Car owners will spend £3,100 a year on car ownership costs appeared first on London Business News | Londonlovesbusiness.com.

Used car market up despite volatile year

The UK’s used car market grew by 11.5% to 7,530,956 transactions in 2021, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). 777,997 more cars… The post Used car market up despite volatile year appeared first on London Business News | Londonlovesbusiness.com.

Grey still UK’s favourite new car colour despite record numbers switching to ‘greener’ vehicles

British drivers doubled down on their preference for monochrome cars in 2021, with grey increasing its dominance as the UK’s favourite new car colour for the fourth year in a row,… The post Grey still UK’s favourite new car colour despite record numbers switching to ‘greener’ vehicles appeared first on London Business News | Londonlovesbusiness.com.

“It looks like a melted hearse”: The 20 ugliest cars to grace UK roads over the past 50 years

The Jaguar E-type is widely regarded as being one of the most beautiful cars ever made. The SsangYong Rodius, described by one car reviewer as looking like a “melted hearse”,… The post “It looks like a melted hearse”: The 20 ugliest cars to grace UK roads over the past 50 years appeared first on London…

Consumer car finance new business volumes up by 33% in November 2021

New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in November 2021 by 33% compared with… The post Consumer car finance new business volumes up by 33% in November 2021 appeared first on London Business News | Londonlovesbusiness.com.

Aston Martin declares return to health despite new profit warning

Aston Martin seems to be hoping for the type of comeback that the James Bond franchise achieved when Daniel Craig brought a new spark to the film series in 2006. The company… The post Aston Martin declares return to health despite new profit warning appeared first on London Business News | Londonlovesbusiness.com.

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