Volkswagen AG and Ford Motor Company have struck a deal to develop commercial vans and medium-sized pickups for global markets from 2022. The two companies between them manufactured 1.2 million units in 2018. Volkswagen and Ford are also looking to collaborate on autonomous vehicles, mobility services and electric vehicles and have started to explore opportunities. They said they were open ...
Read More »Vertu Motors buys online van and car broker for £7.5m
Vertu has bought online van retailer www.vansdirect.co.uk based in Newport, South Wales for £7.5m. The Vans Direct business was founded in 1999, billing itself as a specialist in the supply of new vans, finance, contract hire, hire purchase, offering direct delivery across the UK. For the year ended 31 October 2017, it reported revenues of £34.6m, a gross margin of ...
Read More »Used van values surge 15% amid ‘strong’ competition
The average value of light commercial vehicles climbed to the second highest point on record in September up 15.1% year on year. Values improved sharply over the month, rising 5.4% to £7,180, the highest value since April 2018 and the second highest on record, according to figures from BCA Online sales of LCVs continue to rise, with BCA reporting over ...
Read More »Low business confidence hits UK van registrations
Low business confidence hit van sales in July with registrations down -5.9% to 23,309 units. Demand for small, medium and large vans fell by -2.8%, -28.0% and -3.8% respectively, according to figures released by the SMMT. Year-to-date registrations are down -2.7%, with 204,005 new LCVs joining British roads since January, a result of fluctuating fleet buying cycles coupled with ongoing ...
Read More »Inchcape opens largest UK Volkswagen van workshop
Inchcape has opened a Volkswagen van authorised repairer workshop on Trafford Park in Manchester. The 21,000 sq ft facility, the largest in the UK, features 16 service ramps and an MOT facility. It is located close to Inchcape Volkswagen Commercial’s retail site on Village Way, which was the first stand-alone commercial vehicle site in the UK. The new 22-employee site ...
Read More »Anchor uses geolocation app to track 700 vans in stock
Anchor Vans, the commercial vehicle supermarket, has launched an app to help staff locate the 700 vehicles it has in stock. The app, called “Where Am I Parked?”, uses geolocation to establish the location where each of Anchor Vans vehicles was last parked. Anchor said the app would cut down the time it takes sales, driver and prep teams to ...
Read More »Business uncertainty sees new van registrations fall 6% in March
The number of new vans registered in March fell -5.6% to 60,000 units, according to figures from the SMMT. Vans weighing less than 2.0 tonnes, pickups and 4x4s all saw demand increase in the month, up 1.8%, 6.8% and 73.9% respectively. But these increases failed to offset a decline for medium and heavier vans. Year-to-date, 94,374 new LCVs have been ...
Read More »Confidence falls in fleet and business sectors
Business confidence has fallen among van owners and drivers, according to the latest Mercedes-Benz Vans Business Barometer. Since April last year, the barometer has been tracking the opinions of 2,000 van drivers, owners, operators and fleet managers. The latest survey shows a second consecutive fall in business growth confidence amongst those polled. Business confidence has now fallen five percentage points ...
Read More »Swansway opens UK’s largest VW used van centre
Swansway has opened the UK’s largest Volkswagen commercial used van centre in Liverpool. The standalone business is next door to the Volkswagen new van business it has run since 2011. The used car business features a new valet bay, sales area and workshop that can handle 100 vehicles a month. Customers can purchase used vehicles from the centre through Volkswagen’s ...
Read More »Van values break record in October in two-tier market
Average van values rose 6% in October year on year to a record £6,764, according to figures released by BCA. While it welcomed the performance it warned that the market was becoming increasingly polarised with buyers competing strongly for the best specified and presented vehicles and a growing gap grew between these and the hard-worked, damaged or base specification examples. ...
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