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Production steady despite March dip
- 26/04/2024
- Posted by: Alan Feldberg
- Category: News
Car production in March was down 27.1% to 59,467 units, according to figures released by the Society of Motor Manufacturers and Traders. Volumes for the UK were down 0.3% to 19,995 units, while production for export fell 35.9% to 39,472 units. In terms of electric vehicles, volumes represented more than a third [...] -
Predictability returns to used car market
- 26/04/2024
- Posted by: Alan Feldberg
- Category: News
Cap hpi data has suggested that used car volumes are returning to traditional trends. It found that car values at the three-year, 60,000-mile point, fell by 1.5% during April, or £300. This is in line with the 1.2% drop seen during the month since Cap Live was introduced 12 years ago. Meanwhile, values at the [...] -
MG Cannon signs green deal with Glasurit
- 26/04/2024
- Posted by: Alan Feldberg
- Category: News
MG Cannon has installed Glasurit’s all-new waterborne basecoat system, Glasurit 100 Line, in all six of its sites in the South West. The Glasurit 100 Line has a VOC value of < 250 g/L, which is a 40% below the solvent limit and well above all global VOC requirements. Dan Wareham, group director of MG [...] -
CV production spikes by 27%
- 26/04/2024
- Posted by: Alan Feldberg
- Category: News
Commercial vehicle production in the first quarter of the year surged by 27.4% to 32,626 units. According to the Society of Motor Manufacturers and Traders, this represents the best first quarter since 2008 and an 18.6% on pre-pandemic 2019 volumes. However, growth in January and February was followed by a 19.2% [...] -
Ben Townsend to head up new Thatcham automotive vertical
- 26/04/2024
- Posted by: Simon Wait
- Category: News
Thatcham Research has announced that Ben Townsend will head up the new Thatcham automotive vertical, taking up a new position as head of automotive. Townsend will spearhead the risk intelligence company’s new "automotive vertical" function, which is focused on supporting the wider sector in delivering safe, [...] -
FMG Repair Services announced as IMI Skills platinum sponsor
- 26/04/2024
- Posted by: Simon Wait
- Category: News
FMG Repair Services has announced that it is an IMI Skills platinum sponsor. The independent competition, which like the Bodyshop Awards on 19 September 2024, strives to identify the most talented apprentices in the UK automotive industry, will hold its National Qualifiers at vehicle training centres in Daventry, [...] -
Dealer demand sees used cars snapped up in hours
- 25/04/2024
- Posted by: Alan Feldberg
- Category: News
Used cars are selling to dealerships in an average time of just 36 hours, with some models attracting a buyer in only two hours. According to car-selling platform HonkHonk, which links consumers with dealerships, the average sales time is now nearly a day (22 hours) quicker than the final quarter of last [...] -
ChipsAway duo complete marathon for charity
- 25/04/2024
- Posted by: Alan Feldberg
- Category: News
ChipsAway head office colleagues Karl Heeley and Rebecca de Chair have raised more than £2,000 for charity by running the London Marathon. They took part in the prestigious 26.2-mile race last weekend to raise funds for The Brain Tumour Charity. Heeley, a technician, earned a ‘good for age’ place on the [...] -
ABI to tackle premium finance charges
- 25/04/2024
- Posted by: Alan Feldberg
- Category: News
Members of the Association of British Insurers (ABI) have announced a raft of new principles to manage premium finance charges. Premium finance charges are the fees applied to policyholders who pay for motor insurance monthly. The ABI announced a series of steps to tackle increasing motor insurance premiums in [...] -
Fix Auto Loughborough earns Stellantis certification
- 25/04/2024
- Posted by: Alan Feldberg
- Category: News
Fix Auto Loughborough has secured Stellantis vehicle manufacturer approval. The business previously was previously approved for Vauxhall, Peugeot and Citroën, but now certified to repair all models and brands from within the Stellantis Group. With VAG Group approval as well as Kia and Mitsubishi, its portfolio [...]