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Trade Press News Round UpBack

HydrogenPowerLondon’s first hydrogen refueling station opened

The first public access hydrogen refueling station has officially opened in London.

The ITM Power station, located at the National Physical Laboratory in Teddington, was opened to the public by Andrew Jones MP, transport minister, and was supported by Toyota and fellow automotive manufacturer members of the European HyFive consortium; Hyundai, Honda and Renault’s technology partner Symbio FCell.

Jones, who today announced a £2 million government fund to support the roll-out of hydrogen vehicles in public and private sector fleets, said: “We are committed to making all cars and vans zero-emission by 2050, and hydrogen vehicles have a huge role to play in delivering cleaner, greener journeys.

“The new refuelling station at Teddington is just one of 12 stations opening up this year, backed by £5 million of government funding, which will make it easier for more people to switch to this exciting new technology.”

Source: Am Online

HPIlogoHPI launches recall check service

Now consumers can find out if a vehicle they are looking to purchase has been officially recalled by the manufacturer thanks to a new service launched by HPI.

HPI Recall Check aims to find out if vehicles for sale have missed any recall work being done. Commenting on the launch, Ian Rendle, managing director for CAP HPI, said: “If a manufacturer spots a pattern of problems or potential problems, it will recall the cars affected to official dealers, so those faults can be fixed free of charge.

“In some cases, recalled vehicles are being checked in case there’s a problem, not because there definitely is one. But, through no fault of the manufacturer, there are instances when a recall notice is missed, such as when a vehicle is transferred between owners.

“Now, however, used car buyers can quickly and easily check whether their potential purchase has been recalled by the manufacturer, removing any risk of them driving a vehicle that could have a safety flaw. Being armed with information that gives you the fullest possible picture on the car you are about to buy is vital in supporting a sound investment and avoiding future financial and emotional heartache.”

salesIHS predicts 2.7 million unit UK car market in 2016

IHS Automotive is forecasting a UK new car market rise of 2.7% to 2,704,025 units in 2016 – another record year for the market.  However, according to IHS, it continues to pose questions on how long the positive growth track in the UK can continue.

IHS Automotive principal analyst, Tim Urquhart, said: “Given the high level the market is already at, and the inevitable uncertainty in the run-up to the EU referendum next month, which will multiply if the country votes to exit the EU, the best that can be hoped for is mild growth or simple consolidation on the current sales trend.”

“For the time being IHS Automotive is forecasting a market rise of 2.7% y/y to 2,704,025 units.”

ConsumerRightsDealers warned over use of consumer data

Dealers and dealer groups are being warned that there are significant changes happening over the next two years which will affect the way firms can collect, manage and use personal contact details which are going to make marketing to consumers more difficult.

The warning comes from, Rob Watson of Driven Marketing Services, who told Motor Trade News, “Alongside the changes to the General Data Protection Act, there are further issues which are currently being acted upon by the Information Commissioner’s Office which are changing how companies in the automotive sector can market to consumers.

“Clearly this means that all companies need to be on top of their database management, and need to be certain in the way in which existing client and prospecting data is obtained and maintained to avoid potential prosecution.”

Source: MotorTradeNews

ExperianUsed car sales rise at fastest rate since 2007

Used car registrations are rising at the fastest rate since 2007 before the financial crisis hit. Used car sales in Great Britain increased by 7% in the final quarter of 2015 with 1.63 million cars sold, according to the latest figures from Experian.

Sales of cars up to three years old rose by 11%, however sales of cars between six and nine years old tumbled by 5.7% over the same period.

Andrew Ballard, principal consultant at Experian, said: “New car registrations have been buoyant for the last four years so it is natural to now see this reflected in used car sales.”

Source: Motortrader

Nissan1Nissan to allow EV drivers to ‘sell back’ electricity

Nissan and multinational power company Enel are planning to launch a major vehicle-to-grid (V2G) trial, which would allow electric vehicle (EV) drivers to sell stored energy from the car battery to the National Grid.

The trial will involve installing and connecting 100 V2G units at locations agreed by private and fleet owners of the Nissan LEAD and e-NV200 electric van.

According to the company, the system would help improve the national grid capacity by allowing EV owners to connect to the grid to charge at low-demand, cheap tariff periods, and then have the option to use the electricity stored in the vehicle’s battery when costs are higher or feed the electricity back into the grid to generate additional revenue or reduce costs.

Source: Motor Finance 

VWLogo3VW said to be near fix for 3.0-liter Audi, Porsche diesels

Volkswagen AG is closing in on a fix for 3.0-liter diesel-powered vehicles in the U.S. that would resolve part of its emissions-cheating scandal and reduce the risk of an expensive buyback program, people familiar with the matter said.

A new catalytic converter may accompany the upgrade to overcome concerns over the issue, which affects about 85,000 Audi, Porsche and VW vehicles. Talks between Volkswagen and U.S. regulators remain fluid and no final decision has been reached, the people said.

Volkswagen faces a June 21 deadline in the U.S. to finalize an initial agreement to fix or buy back 2-liter diesel-powered cars.

The 3.0-liter diesel engine was designed by Volkswagen’s Audi brand. The unit has set aside 228 million euros for costs stemming from the emissions crisis. That compares with an earnings hit of about 16 billion euros at Volkswagen’s namesake car brand for the scandal surrounding the rigged smaller engines.

Source: Automotive News


Posted by Sue Robinson on 13/05/2016