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Evidence that pre-registrations played a significant role in March’s record new car registrations of 517,707 has been produced by cap hpi.
In its monthly dealer survey cap hpi asked dealers to estimate the volume of cars pre-registered in March.
The findings show that 46% of dealers believe that over 10% of cars sold in March were pre-registered.
The survey also polled dealers on their estimates for the volume of cars pre-registered in Q1.
The Retail Motor Industry Federation (RMI) and Scottish Motor Trade Association (SMTA) have raised concerns over MoT levels.
They are concerned that following the removal of the paper tax disk and the introduction of monthly direct debits to pay road tax, motorists are unintentionally breaking the law by forgetting to MOT their cars.
Although a road tax reminder is sent to those who pay annually, often acting as a reminder that the car is probably due for an MOT, no such reminders are sent to those who pay monthly.
According to research carried on in 2013, a third of motorists have admitted to driving a car without a valid MOT test. The RMI and SMTA believe that this figure is likely to have risen due to the road tax changes.
A new survey will unearth whether the industry has seen a rise in the number of people that have forgotten to MOT their car. If the findings match current concerns, the RMI and SMTA will lobby the Government on the grounds of road safety.
The increased volume of vehicles in the used market has pushed down values by 1.4% in April although consumer demand remains strong, according to research by cap hpi.
The research shows that while prices in the used car market dropped, the downwards movement was not so stark, 1.4% compared to 1.7% at three years 60,000 miles, despite more volume in the market. cap hpi said consumer demand remained “relatively healthy and there was no rush by vendors to offload stock, which can sometimes be the case when they foresee a market downturn”.
The trend is similar to the seasonal patterns over the last three years with cap hpi noting that city and supermini values were hit hardest as a result of an over-supply of pre-registered vehicles.
Source: Motor Trader
Shell has unveiled a concept city car which, if it were ever to go into production, could deliver material reductions in energy use in the road transport sector. The three seater car is tangible proof of energy efficiency improvements that can be achieved by using cutting edge technology available today.
Independent testing and a rigorous life-cycle study shows that Shell’s Concept Car would deliver a 34% reduction in primary energy use over its entire lifecycle when compared to a typical city car available in the UK. The Shell Concept Car would use around half the energy required to build and run than a typical small family car available in the UK and 69% less than that of a typical sports utility vehicle available in the UK
The Shell Concept Car was independently tested at a UK certified automotive testing facility alongside a range of other cars under comparable conditions to measure fuel economy and CO2 emissions. In the formal NEDC test the Shell Concept Car produced lower CO2 emissions than both a typical petrol-powered city car (28%) and a hybrid car (32%).
A research from Go Ultra Low, the joint government and automotive industry campaign, profiled the mind-set of more than 2,000 UK motorists to see how their new car requirements have changed over time.
Of those surveyed, almost half drive no more than 15 miles a day, while 98% said they travel less than 100 miles daily, a distance within the range of pure electric vehicles (EVs) and easily achievable in a plug-in hybrid.
January to March sales of plug-in cars reached a record high in the UK, with 10,496 new EVs registered in the first three months of 2016. There have now been 71,463 claims for the Government’s Plug-in Car Grant, which offers up to £4,500 off the price of a new electric car.
Transport minister Andrew Jones said: “It’s not surprising, electric cars are greener, cheaper to run, and we are making them more affordable by investing more than £600million to support the uptake and manufacturing of these vehicles in the UK.
“This is all part of our commitment to making every car and van a zero emission vehicle by 2050.”
Source: AM Online
A new survey of business decision makers conducted by YouGov has shown that EU referendum voting intentions amongst business leaders are much more evenly divided.
The survey found that 49 per cent were in favour of remaining in the EU while 40% favoured leaving – with 11 per cent as yet undecided. One of the most unexpected findings in the survey was that 70 per cent of respondents regardless of business size said their vote will primarily be influenced by personal rather than business considerations.
The weight of personal considerations seems to be more of a lever in the ‘Leave’ camp, with 81 per cent of those intending to vote ‘Leave’ saying it is the most important factor for them. This dropped to 64 per cent of those intending to vote ‘Remain’.
Despite all the Referendum noise, 38% of respondents said they still don’t feel they have the information they need to make their vote. This rose to 43 per cent of respondents from small businesses.
Overall, 40 per cent of respondents said Brexit would have a negative impact on their business, with 14 per cent extremely negative, while only 20 per cent said it would have a positive impact.
The number of vans on Britain’s roads has hit an all-time high of four million, according to Motorparc data from the Society of Motor Manufacturers and Traders (SMMT). A total of 4,007,331 vans are in use on UK roads, 4.3% up compared to last year.
Demand for new vans in the UK is now at record levels: registrations grew 1.2% in the first quarter of 2016, following a bumper 2015 which saw more than 370,000 units registered. Sustained business confidence and the continuing surge in demand for online deliveries have been key to stimulating this growth, and vans now cover around 45 billion miles across the UK each year.
The increasing uptake of new vans is good news for the environment, too, with all vans registered from September this year meeting strict Euro-6 emissions regulations. These vehicles feature advanced filters which capture 99% of soot particulates, as well as exhaust after treatments to dramatically cut emissions of nitrogen oxides.