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The Rivian R3 has stirred up quite a debate. As enthusiasts and design connoisseurs, we won’t help but wonder if the R3’s design resembles iconic vehicles just like the Lada Niva, Lancia Delta, and even the VW Golf Country. Let’s take a better look and discover!The Rivian R3 has a novel and crowd pleasing design that is harking back to the classic Lada Niva. With its rugged yet refined appeal, the R3 seems to pay homage to the legendary off-roader from the Soviet era.But that is not all! The R3 also shares some similarities with the Lancia Delta Integrale, a…
Steven Eagell Group, the AM100’s largest Toyota and Lexus dealer, has began a ‘Community Programme’ that may help to foster a culture of ‘giving back’ in its network of dealerships as a part of its corporate social responsibility (CSR) strategy. Aimed toward supporting local initiatives, charities, and not-for-profit organizations within the areas surrounding its dealerships. this system allows employees to nominate projects significant to them and their communities, with each dealership being allocated a budget. With a history of supporting various causes, including sponsoring events, participating in fundraising activities, and contributing to local food banks, Steven Eagell Group goals to…
Consumers who’ve witnessed recent and used cars grow to be significantly costlier since 2020 are unlikely to beat a path to dealerships in consequence of the National Insurance cut in Jeremy Hunt’s 2024 Spring Budget. National insurance (NI) has been cut by an extra 2 percentage points, so staff can pay 8% of their earnings between £12,570 and £50,270, as an alternative of the ten% currrent rate and the 12% it was before autumn 2023. But tax thresholds, the quantity they’re allowed to earn before they begin paying tax (and national insurance) and before some start paying the upper rate of tax, will remain…
The forthcoming Spring Budget is a likelihood for Government to launch measures to spice up UK automotive industry focused largely on jumpstarting market demand for EVs. Campaign group FairCharge is urging the Chancellor to make charging costs fairer in a bid to spice up electric vehicle adoption in Wednesday’s Budget by dropping the outdated, higher rates of VAT on public electric automobile charging. Electric vehicle drivers who can charge at home pay just 5% VAT on their energy bill, but 38% of those without driveways are forced to make use of public chargers and pay the complete VAT rate of 20%. It said the value…
One in every of our Canadian readers sent us this and told us about these STUNAD’S that run this restaurant in Canada.Our response is to write down a parody of what a REAL Goodfella might say about this in the event that they saw it on their bill…Listen up, Goodfellas in Toronto, you are about to get a lesson in carbon tax from an actual clever guy. You think that you may just slap a “carbon tax” in your customers’ checks like some form of shakedown? Re-examine, pal. This ain’t the way you run a legitimate operation.To begin with, let…
Chris Barrett, managing director of vAutoStock, explains why it’s so essential that dealers give attention to turning over stock quickly In response to the most recent 2024 outlook from the SMMT, the brand new automobile market is estimated to total overall volume of 1.974 million units. The primary month of the yr saw 142,876 latest cars registered, an uplift of 10,882 units on January 2023, one of the best performance for the month since 2020 and the 18th consecutive month of growth. The rise was driven entirely by the fleet market, which rose by 29.9%, while private retail uptake fell…
AM’s latest Highlight on Finance and Insurance Report has just been published and it will probably be read or downloaded here. For 2024, the highlight report examines topics including automobile subscriptions, the role of artificial intelligence in motor finance, Consumer Duty compliance, growth in Open Banking in automotive, whether GAP insurance has a future in any respect, and best practice in using insurance add-ons as a retention and customer satisfaction tool. “The onslaught of PCP (personal contract purchase) actually gave dealerships an efficient tool to make use of in winning back market share once lost to high street lenders. The innovations…
Renault UK is enhancing its customer journey with a brand new customer enquiry portal, powered by Keyloop Leads. The platform developed by the lead management software expert improves the general user experience and streamlines communication bewtween Renault UK retailers, dealerships, and their customers, providing fast and seamless assistance from phones and desktops. Keyloop Leads helps dealerships reply to leads faster and more effectively, aggregating them from over 300 online sources and sending them to sales teams on the showroom floor immediately. It also provides configurable alerts and ongoing response reminders to assist ensure no opportunity is missed. Responses are branded,…
Renault is ready to revolutionize the automotive market with its all-electric rendition of the classic 5 supermini, slated for a summer release next yr with an estimated starting price of 25,000 euros (£23,400). Unveiled on the Geneva Motor Show, the production model stays true to the concept vehicle, drawing inspiration from its iconic predecessor. Dubbed the Renault 5 E-Tech electric, it marks the debut of the AmpR Small platform dedicated to B-segment electric vehicles. Sporting a more compact motor in comparison with its predecessors just like the Megane E-Tech electric, it would offer three power outputs: 150PS, 122PS, and 95PS.…
If consumers are paying a greater price now than they did before, what harm is the FCA’s intervention actually stopping, and what protection to consumers is it actually promoting, asks litigation expert Jonathan Butler? PPI has spawned many children. In 2021, The Financial Conduct Authority (“FCA”) banned discretionary commission arrangements (“DCAs”), arrangements by which commission payments were tied to the rate of interest on hire-purchase agreements and under which the broker had the discretion to pick out from a pre-determined range set by the finance house, with a choice of a better rate of interest paying more commission. For those…
