Our blog on the latest issues affecting the automotive sector
The rise of the electric car
August 25, 2017
Last year a spokesman for the UK Government said that it was committed to “ensuring almost every car and van is a zero emission vehicle by 2050”. Only a few days ago Environment Secretary Michael Gove stated that he intended that no new petrol or diesel cars should be sold in the UK after 2040... So what does this mean for the future of fossil fuels and the motor industry?
Is hydrogen the fuel of the future?
August 23, 2017
The most plentiful element in the known universe is hydrogen. Surely this must appeal to the industry as one of the number one fuel options for the future?
UHY advise on new sponsored dealer scheme which is set to change the shape of the industry
August 14, 2017
A multi-million pound private investment fund has been created by a consortium of experienced automotive investors to change the shape of the automotive industry, allowing high calibre entrepreneurs the opportunity to acquire their own dealership(s).
Will we always be together in electric dreams?
August 11, 2017
The main winner from this seems to be Tesla – the Californian based electric car manufacturer that recently launched its Model 3 vehicle to join the existing Model S and Model X offering.
The end of fuel (as we know it)
August 7, 2017
In one of the biggest moves to tackle air pollution in the UK, news was announced recently that the sale of new diesel and petrol vehicles will be banned from 2040.
Is motor retail consolidation a good thing?
July 27, 2017
The sector, despite numerous downbeat commentaries, has proven remarkably resilient in recent years and offers strong return on investment making it attractive to investors.
Is the insurance industry geared up for automotive tech?
July 17, 2017
Cars can now be operated from mobile phones and software upgrades completed over the air. But the increased connectivity also raises security concerns.
Motor Industry set for new revolutionary driving experiences
June 22, 2017
Attending the recent Automechanika exhibition at Birmingham NEC it soon became apparent that autonomous cars are not as far away as we may all think.
Capital allowances – can I make a claim on my vehicle?
June 12, 2017
For a trading business, a vehicle, be it a car, van or lorry, may represent a significant asset and hence capital spend. Obtaining the best rate of capital allowances is therefore essential.