Our blog on the latest issues affecting the automotive sector
Is time up for the traditional company car?
February 6, 2018
One of the most significant costs within a dealership are those of running the vehicle fleet. Associated with that, of course, are the taxation consequences for both employees and employers.
The future of the automotive retail dealer
January 31, 2018
In recent weeks there has been a real stir regarding the outlook for automotive retailing and the future of dealer networks. This on the back of regular press headlines regarding diesel vehicles, electric vehicles and autonomous vehicles has certainly created some significant uncertainty...
The importance of fraud risk assessments in dealerships
January 29, 2018
Last month saw the sentencing for fraud of an accountant who had worked for Evans Halshaw in the North East of England. Now, you would expect a business the size of Evans Halshaw to operate with a high level control environment...
Reality check on new car registrations
January 19, 2018
Since the turn of the century average registration numbers are around 2.35 million, so 2017 and predictions for 2018 and 19 are still well ahead of that long term average.
The continuing squeeze on company car drivers
January 15, 2018
According to the Office for National Statistics (ONS) there has been a gradual decline in the number of company car drivers over recent years. In 2007/08 there were around 1.07 million drivers – which had reduced to approximately 960,000 by 2015/16.
SMMT reports on 2017 and looks forward to the year ahead
January 5, 2018
Diesel car sales fell rapidly in December, following the November announcement of an April 2018 tax increase for cars that don’t meet strict emissions standards. The decline in diesel registrations is obviously a large contributing factor to the year’s decline in new registrations.
Which method of automotive finance is best?
December 20, 2017
According to the Society of Motor Manufacturers and Traders, about 80 per cent of new cars in the UK are now sold on PCP contracts
Does Budget 2017 signal a definitive move against diesel cars?
December 15, 2017
The automotive sector did get a few mentions, including the continual demonising of diesel cars, when only 15 to 20 years ago they were heralded...
Car production increases but demand continues to fall
December 5, 2017
Latest figures released by SMMT at the end of November show car production increased last month as rising exports made up for a fall in demand in the UK.