Car retailers are braced for a potential halving of Government support on their energy bills from the end of March.
The Finance and Leasing Association (FLA) has called for reform of the Consumer Credit Act to be “comprehensive” as consultation on the plans opened today (December 9).
More than half of car buyers are reconsidering the purchase of a zero-emissions electric vehicle (EV) after the Chancellor of the Exchequer announced plans to make them eligible for VED road tax.
A record increase in fuel duty could be set to temper fleet operators’ initially positive response to news that benefit-in-kind (BIK) tax for electric vehicles (EVs) will continue to be kept low to increase uptake.
Chancellor of the Exchequer Jeremy Hunt revealed that electric vehicles (EV) will not be exempt from road tax from 2025 in an Autumn statement which claimed to prioritise “stability, growth and the protection of public services”.
The car retail sector’s vehicle supply issues look set to be compounded by a cost-of-motoring crisis and growing moves to discourage car usage across the UK.
The UK Government has been urged to adapt the successful incentives for zero emission company cars so that more private buyers can be encouraged into EVs too.
The Competition and Markets Authority (CMA) has written to the Secretary of State recommending the introduction of new, UK-specific block exemption regulations for the automotive aftermarket.
Institute of the Motor Industry (IMI) policy manager Hayley Pells has called for Government to add the automotive sector on the UK’s Shortage Occupation List in an open letter to Secretary of State for Transport.
Car retailers have been told that the “clock is ticking” on tax incentives for business customers switching to electric vehicles (EV).
The Chancellor of the Exchequer Kwasi Kwarteng has announced £45 billion of tax cuts in a ‘mini’ budget set to cost the exchequer around £100bn.
Car retailers will have their energy prices capped as part of a six-month business support plan outlined by Business Secretary Jacob Rees-Mogg today (September 21).
New Prime Minister Liz Truss has told the House of Commons that the “most in need” UK businesses will receive support to tackle soaring energy bills.
The new prime minister Liz Truss has appointed Jacob Rees-Mogg to the post of business secretary and Anne-Marie Trevelyan to the post of transport secretary, both responsible for policies critical for the success of the UK motor retail industry.
Motorists have been advised that Government’s target to deliver the widespread roll-out of driverless cars on UK roads from 2025 are “not going to happen”, despite new investment in the technology.
There could be self-driving cars on UK roads by 2025 if the government's plans come to fruition, backed by a £100 million budget to prioritise safety through new laws and developments.
The Government has launched a consultation to end the sale of fossil-fuelled motorbikes and mopeds by 2035.
A new one-card system that allows electric vehicle (EV) divers to connect to Scotland’s charging network is being piloted next week.
The domestic electric vehicle (EV) smart charge points that become compulsory on UK homes from this week could usher in a new era of travel taxation and energy rationing, it has been claimed.
UK inflation reached a 40-year high of 9.1% as the pricing pressures forcing car buyers to think twice about their next purchase continued to intensify.
