New car sales are falling, yet the used trade continues to remain stable. Is buying used cars now seen as being a better deal than buying from new? Are the increased pressures on manufacturers and the unknowns around Brexit regarding tariffs for manufacturers causing the market to hold off buying new cars? Brexit and the Read the full article…
New MOT rules were introduced in May 2018 to improve vehicle technology and maintenance across Europe. However, there is still confusion among drivers and garages alike. With potentially higher costs and more rigorous assessments, are you confident your team of mechanics have all the facts? Back in May 2018, the UK implemented a set of Read the full article…
Recently, diesel car sales have been falling considerably. There are several reasons for this – the motor trade has been affected considerably with scares around resale values and emission regulations with MOTs, making people more reluctant than ever before to purchase a diesel vehicle. So why did diesel rise? Diesel vehicles are generally more fuel Read the full article…
Consumers are showing increasing interest in alternative-powered vehicles (APVs), with growing hesitancy towards traditional combustion-powered cars. But where is all this leading? With a trend towards electric across Europe, could this potentially be the end of the road for petrol and diesel cars? Is the motor trade industry as we know it disappearing? With the Read the full article…
This is an interesting time for the motor trade industry and there are many challenges ahead – the uncertainty of Brexit, falling household expenditure, inflation and the confusion surrounding diesel cars resulting in the decline of new car sales. The motor trade insurance experts will be here through it all – but what will the Read the full article…
2018 has seen sales of new cars fall consistently month-on-month. So why then are we seeing more people take up the mantle within the motor trade? How the Market has developed The market has been growing in regards to garages, mobile mechanics and other areas – so it isn’t just car sales that is considered Read the full article…
On 25 May, the General Data Protection Regulation (GDPR) will come into force, which doesn’t leave motor traders with much time to comply with the rules. If you don’t comply, you could receive a fine worth up to €20 million (£17.5 million) or 4 per cent of your annual global turnover, whichever is higher. However, Read the full article…
The number of new diesel registrations has declined by almost 25 per cent since the beginning of 2017, according to the Society of Motor Manufacturers and Traders. Rather than it being an issue of performance—new diesel cars in 2017 emitted 12 per cent less carbon dioxide than equivalent older models—experts say the decline is a Read the full article…
Why do I need motor trade insurance? This question has crossed the lips of many people who deal with vehicles as part of their work, but how many people actually need it? In this week’s blog, we will examine the various kinds of trader who can benefit from motor trade insurance, look at the limits Read the full article…
While in last week’s blog we explored the ins and outs of motor trade insurance and how to get a policy that fits your business’ needs, this week we will look at who can get such policies. While there are a range of insurers available who can offer good value cover, there are certain restrictions Read the full article…