Cox Automotive has launched a first-of-its-kind appraisal and valuation tool for LCVs. A question set relating to commercial vehicle specs and condition informs an accurate trade-in valuation. The question set aligns with the new NAMA condition grading for LCVs. Stuart Perham, CIO at Cox Automotive, said: “This is a significant development for the wholesale commercial vehicle sector, overcoming a historic ...
Read More »‘Diesel is King’ as van buyers prove ‘resistant’ to electrification
The van market is proving resistant to electrification with a “lack of curiosity and awareness” among potential buyers. That’s the view of Dionne Hanlon, senior editor for commercial vehicles at cap hpi, speaking at a Vehicle Remarketing event. The low sales of electric vans is a problem for van makers who are legally bound to have 10% of vans sold ...
Read More »Motor Trader Commercial Industry Awards 2025 launched today
Motor Trader is delighted to announce the launch of the Motor Trader Commercial Industry Awards, which will take place at the Hilton Metropole NEC on 29 April 2025. The Motor Trader Commercial Industry Awards cater for dealers, suppliers, and service providers in the motor transport arena. The awards take place on 29 April, the evening of the first day of ...
Read More »New van market hit three year high in October
The number of new light commercial vehicles (LCVs) joining UK roads grew 2.4% in October with 26,974 new vans, pickups and 4x4s registered, according to the SMMT This represents the third consecutive month of overall market growth and the best October in three years. Mike Hawes, SMMT Chief Executive, said: “The continued growth in demand for new vans is encouraging given this ...
Read More »Budget tax move hammers one tonne double cap pick-ups
Double cab pickups with a payload of one tonne or more will be classed as cars for benefit in kind and capital allowance purposes, greatly increasing the tax cost of these vehicles. That’s the view from tax expert Michelle Malone at accountancy and advisory firm Xeinadin. “Dealers will remember the issues caused when a change in treatment was last proposed, ...
Read More »VW Commercial Vehicles reveals UK specs for California campervan
Volkswagen Commercial Vehicles announced the UK specifications for the new California campervan, with prices starting from £63,376 OTR. Customers will be able to order the campervan later this month, with first customer deliveries in Winter 2024. The campervan will initially be available with a turbocharged diesel engine or a petrol engine. Initial powertrain options include an efficient 150PS 2.0-litre TDI ...
Read More »Stellantis leads UK electric van market
Stellantis is leading the UK electric van market, according to the Society of Motor Manufacturers and Traders (SMMT). Peugeot is the best-selling electric van brand, with Vauxhall following behind in second place. Stellantis brands have sold 5,877 electric vans so far this year, almost 3x more than the second best-selling electric van manufacturer, with a market share of 41.83% year-to-date.* ...
Read More »Stoneacre expands with Isuzu in Peterborough
Stoneacre Motor Group has acquired an Isuzu dealership formerly run by Close Motor Company in Peterborough. The newly acquired dealership is located adjacent to its existing Stoneacre Peterborough Seat and Cupra dealership on Newark Road. Close Motor Company continues to represent Suzuki and KGM in Corby and is an approved repairer for Mitsubishi. Stoneacre Motor Group has been expanding. In ...
Read More »Ex-Mercedes-Benz Vans UK senior manager joins Rygor board of directors
Nick Williams has joined Rygor Group as its new director of sales and marketing. Previously, Williams was senior manager at Mercedes-Benz Vans UK. Williams said: “Rygor is such a highly respected business in the automotive industry, and I have had the privilege of working with many members of the team over the years in my previous roles, so I know ...
Read More »ICE 2030 deadline for vans is ‘unachievable’ says lease body
The 2030 Phase Out target for banning new ICE van sales is unachievable. That’s the view of the British Vehicle & Rental Association (BVRLA) which said the same timetable for cars was major risk unless the Government matches its ambitious targets with additional support measures. The BVRLA has shared a fleet industry perspective after the Department for Transport confirmed that ...
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