Car Finance & Loans have been soaring for many months, certainly longer than 12 months! PCP, Hire Purchase and Lease Purchase have been doing very well - with many people getting newer cars that they couldn't previously afford due to the low cost of PCP and other options. Whilst some are concerned that the level of funding is soaring and out of control - the actual car finance lenders take on the risk with PCP, as consumers can simply hand the car back half way through the deal, sell the car or hand it back at the end. Surely car finance, when there is an asset you can hand back, isn't treated the same as debt on a credit card! Its actually backed by an asset. If you can afford to... more
In case you hadn’t heard, the Ford Fiesta has been best-seller in the UK for a number of years. Here’s what other European Union countries are buying...
The top ten best-selling cars in the UK are easy to spot; on every street there’s at least one Fiesta, Corsa, Focus or Golf.
But its the Ford Fiesta that takes centre stage - and a new one is out this year....!!
The clock may be ticking for petrol and diesel-powered cars, but it's vans, trucks and buses that are driving the electric vehicle revolution on the world's roads.
This week the UK government followed France in announcing it would ban the sale of such vehicles by 2040, while the mayors of Paris, Madrid, Mexico City and Athens plan to banish diesels from their city centres by 2025.
Almost all car makers now offer hybrid cars and many sell fully electric vehicles.
But the electric charge also extends to vans and trucks, and the need to switch to cleaner engines is even greater given that these larger vehicles are far bigger polluters than cars.
"In Europe, less than 5% of vehicles are... more
The two car makers are collaborating to deliver higher output engines while reducing CO2 emissions. The technology will make it into future McLaren models by 2020, says the firm.
McLaren Automotive and BMW will develop new combustion technology together as part of a new collaboration. The technology is intended to deliver a higher output per capacity than is currently possible, according to McLaren. It added that it aims to help reduce CO2 while increasing engine output.
Both the British car maker and BMW confirmed that the technology is “destined for application in future [McLaren and BMW] engines”.
The project also includes a number of other partners and is... more
McLaren Automotive and BMW will develop new combustion technology together as part of a new collaboration. The technology is intended to deliver a higher output per capacity than is currently possible, according to McLaren. It added that it aims to help reduce CO2 while increasing engine output.
Both the British car maker and BMW confirmed that the technology is “destined for application in future [McLaren and BMW] engines”.
The project also includes a number of other partners and is... more
The two Japanese car makers are designing a framework for them to share research, technology and parts
Suzuki and Toyota have announced they are drawing up the framework for a partnership that will allow them to co-develop new environmental, safety and IT technology.
In a joint statement, the Japanese car makers said their collaboration is designed to improve future mobility for the betterment of society. They confirmed that research will be shared, as will technology and physical car parts.
Toyota president Akio Toyoda said: "We want to cooperate toward enabling all people throughout the world to truly experience the joy of mobility and to achieving a society of... more
Suzuki and Toyota have announced they are drawing up the framework for a partnership that will allow them to co-develop new environmental, safety and IT technology.
In a joint statement, the Japanese car makers said their collaboration is designed to improve future mobility for the betterment of society. They confirmed that research will be shared, as will technology and physical car parts.
Toyota president Akio Toyoda said: "We want to cooperate toward enabling all people throughout the world to truly experience the joy of mobility and to achieving a society of... more
Honda and Hitachi create joint venture for electric car motors.
The two companies will invest a total of £36m in the Japan-based venture which is set to be established in July this year.
Honda and Hitachi have agreed a deal in principal to develop, manufacture and sell electric car motors. The companies signed a Memorandum of Understanding (MoU) for the Japan-based venture and are set to finalise a definitive deal next month pledging to invest a combined total of £36m.
Honda will continue to use its own motors, which it currently manufactures in Japan, as well as motors from this new venture. Hitachi already provides parts for Honda, and also counts Renault,... more
The two companies will invest a total of £36m in the Japan-based venture which is set to be established in July this year.
Honda and Hitachi have agreed a deal in principal to develop, manufacture and sell electric car motors. The companies signed a Memorandum of Understanding (MoU) for the Japan-based venture and are set to finalise a definitive deal next month pledging to invest a combined total of £36m.
Honda will continue to use its own motors, which it currently manufactures in Japan, as well as motors from this new venture. Hitachi already provides parts for Honda, and also counts Renault,... more
Dutch company PAL-V is selling its three-wheeled Liberty flying car now, with a 99bhp driving engine and 197bhp flying engine.
The PAL-V Liberty, the world’s first commercial flying car, is now on sale priced from around £425,000, with first customer deliveries scheduled for the end of 2018.
Dutch manufacturer PAL-V claims its Liberty is fully compliant with existing regulations and says it represents a “pivotal time in aviation and mobility history”.
The flying car has launched with the Liberty Pioneer Edition, which is priced from €499,000/$599,000 on PAL-V's website, before taxes. This price includes some flight instruction sessions, power heating and... more
The PAL-V Liberty, the world’s first commercial flying car, is now on sale priced from around £425,000, with first customer deliveries scheduled for the end of 2018.
Dutch manufacturer PAL-V claims its Liberty is fully compliant with existing regulations and says it represents a “pivotal time in aviation and mobility history”.
The flying car has launched with the Liberty Pioneer Edition, which is priced from €499,000/$599,000 on PAL-V's website, before taxes. This price includes some flight instruction sessions, power heating and... more
Jaguar Land Rover is to begin testing a fleet of 100 cars on the roads around its bases in Coventry and Solihull in the West Midlands.
The first cars will appear on a 41-mile route later this year and will concentrate on vehicle-to-vehicle and vehicle-to-infrastructure communications. These allow cars to ‘talk’ to one another and with road signs, overhead gantries and traffic lights.
Car-to-car communication and data sharing will allow cars and drivers to work together to make manoeuvres such as lane-changing and negotiating junctions both “easier and safer”, according to Jaguar Land Rover. The company’s head of research Tony Harper said: “Our connected and automated... more
The first cars will appear on a 41-mile route later this year and will concentrate on vehicle-to-vehicle and vehicle-to-infrastructure communications. These allow cars to ‘talk’ to one another and with road signs, overhead gantries and traffic lights.
Car-to-car communication and data sharing will allow cars and drivers to work together to make manoeuvres such as lane-changing and negotiating junctions both “easier and safer”, according to Jaguar Land Rover. The company’s head of research Tony Harper said: “Our connected and automated... more
Low-emissions, autonomous and electric cars get budget boost; millions to be spent on roads “to keep Britain moving”
The Chancellor of the Exchequer, Philip Hammond, has announced a wide range of investment plans to make life easier for UK motorists.
In his Autumn Statement on Wednesday, Mr Hammond unveiled a wide-ranging set of initiatives, with “English local transport” set to get “significant additional funding” of £1.1 billion.
It’s not clear exactly how much of this will be spent directly on roads, but £220 million is being earmarked for traffic easement at pinch points on “strategic roads”, lessening motorway, dual-carriageway and A-road congestion.
A... more
The Chancellor of the Exchequer, Philip Hammond, has announced a wide range of investment plans to make life easier for UK motorists.
In his Autumn Statement on Wednesday, Mr Hammond unveiled a wide-ranging set of initiatives, with “English local transport” set to get “significant additional funding” of £1.1 billion.
It’s not clear exactly how much of this will be spent directly on roads, but £220 million is being earmarked for traffic easement at pinch points on “strategic roads”, lessening motorway, dual-carriageway and A-road congestion.
A... more
Jaguar Land Rover is to begin testing a fleet of 100 cars on the roads around its bases in Coventry and Solihull in the West Midlands.
The first cars will appear on a 41-mile route later this year and will concentrate on vehicle-to-vehicle and vehicle-to-infrastructure communications. These allow cars to ‘talk’ to one another and with road signs, overhead gantries and traffic lights.
Car-to-car communication and data sharing will allow cars and drivers to work together to make manoeuvres such as lane-changing and negotiating junctions both “easier and safer”, according to Jaguar Land Rover. The company’s head of research Tony Harper said: “Our connected and automated... more
The first cars will appear on a 41-mile route later this year and will concentrate on vehicle-to-vehicle and vehicle-to-infrastructure communications. These allow cars to ‘talk’ to one another and with road signs, overhead gantries and traffic lights.
Car-to-car communication and data sharing will allow cars and drivers to work together to make manoeuvres such as lane-changing and negotiating junctions both “easier and safer”, according to Jaguar Land Rover. The company’s head of research Tony Harper said: “Our connected and automated... more