The Motoring News for April 2009
April 2009
Half Of Britain's Motorists Can't Afford To Break Down
More than half of Britain's motorists would struggle to pay if their car broke down, according to research from leading insurance specialist, Warranty Direct. As the credit crunch continues to ravage the economy, 53 percent of drivers admit that the tightening of belts means they can ill afford the average repair bill of £273. the full story
More than half of Britain's motorists would struggle to pay if their car broke down, according to research from leading insurance specialist, Warranty Direct. As the credit crunch continues to ravage the economy, 53 percent of drivers admit that the tightening of belts means they can ill afford the average repair bill of £273. the full story
Published on: 29th Apr 2009
Potholes In UK Roads Cost £1 Million Per Day
Motorists are paying out an estimated £1 million every day in repairs because of Britain's potholed roads with the problem worsening the further North you go, according to data published by campaign website, Potholes. Analysing data from leading consumer warranty provider Warranty Direct's insurance policies over an eight-year period, six percent of cars each year suffer from axle and suspension damage that can be traced back to poor road quality. the full story
Motorists are paying out an estimated £1 million every day in repairs because of Britain's potholed roads with the problem worsening the further North you go, according to data published by campaign website, Potholes. Analysing data from leading consumer warranty provider Warranty Direct's insurance policies over an eight-year period, six percent of cars each year suffer from axle and suspension damage that can be traced back to poor road quality. the full story
Published on: 7th Apr 2009
Used Car Scrappage
The whole UK new and used car market must benefit from a Government-funded scrappage scheme, according to ACFO (Association of Car Fleet Operators). Consequently, the leading fleet decision-makers’ organisation says a scrappage scheme should incentivise the purchase of vehicles up to four-years-old powered by engines that meet Euro4 emission standards and have a CO2 figure of 165 g/km or less. ACFO says that applying a scrappage scheme to such ‘qualifying clean and safer cars’ will boost a much greater proportion of the UK car market and will provide a ripple effect across used vehicle residual values as demand rises. As a result of the subsequent increase in used vehicle values, the balance sheets of outright purchase fleets and contract hire and leasing companies will improve and that will make it easier for them to obtain credit to further stimulate the UK car market with the purchase of new vehicles. ACFO made its views known at a ‘scrappage petition meeting’ held at the London headquarters of the Society of Motor Manufacturers and Traders on Friday (April 3). ACFO chairman Julie Jenner, who represented the organisation at the meeting, said: “ACFO is broadly supportive of a scrappage scheme. the full story
The whole UK new and used car market must benefit from a Government-funded scrappage scheme, according to ACFO (Association of Car Fleet Operators). Consequently, the leading fleet decision-makers’ organisation says a scrappage scheme should incentivise the purchase of vehicles up to four-years-old powered by engines that meet Euro4 emission standards and have a CO2 figure of 165 g/km or less. ACFO says that applying a scrappage scheme to such ‘qualifying clean and safer cars’ will boost a much greater proportion of the UK car market and will provide a ripple effect across used vehicle residual values as demand rises. As a result of the subsequent increase in used vehicle values, the balance sheets of outright purchase fleets and contract hire and leasing companies will improve and that will make it easier for them to obtain credit to further stimulate the UK car market with the purchase of new vehicles. ACFO made its views known at a ‘scrappage petition meeting’ held at the London headquarters of the Society of Motor Manufacturers and Traders on Friday (April 3). ACFO chairman Julie Jenner, who represented the organisation at the meeting, said: “ACFO is broadly supportive of a scrappage scheme. the full story
Published on: 6th Apr 2009
