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Ricardo, experts in sustainable transport has delivered an innovative and comprehensive lifecycle assessment of road vehicles on behalf of the European Commission alongside specialists from E4tech and the Institute for Energy and Environmental Research Heidelberg (ifeu).
The coronavirus outbreak has affected many industries, but the automotive industry is among the hardest hit. After carmakers stopped production and dealerships closed showrooms amid Covid-19 lockdown, global car sales slumped worse than ever before. However, the luxury car market was generally less affected by the financial downturn caused by the coronavirus pandemic. According to data presented by StockApps.com, the market capitalisation of the world’s most valuable car company, Tesla, hit over $460bn this week, almost seven times more than Ferrari, Porsche and Aston Martin combined.
The continuing popularity of Denso Aftermarket’s webinar programme has once again been proved, as the original equipment (OE) component and system supplier has added yet more modules and dates to its free technical training platform.
The Yorkshire Motorsport Festival has revealed the first of its newly-planned theme “Villages” for 2021 – The Palmer Foundation Engineering Village. The Village will bring a hardcore motorsport trade element into the event. It will allow current British motorsport companies access to a large, targeted trade and competitor audience – at a live, national championship motorsport event – which the organisers believe is another first for the Festival. The Palmer Foundation Village will also showcase opportunities for careers in engineering, motorsport and related industries.
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Nokia Oyj has won a court ruling in a patent dispute with Daimler, giving the Finnish company leverage in a long-running fight over mobile technology in vehicles. Daimler, owner of the Mercedes-Benz brand, violated Nokia’s mobile-technology patents, judges in Mannheim, Germany, said on Tuesday. The ruling goes to the heart of how technology must be licensed for mobile-telecommunication systems that are standard features in most modern cars.
The window to attract crucial funding from the Government-supported Coronavirus Business Interruption Loan Scheme (CBILS) is closing rapidly, warns asset finance specialists PVS Finance.
Businesses in the automotive sector have until the end of September to get grants agreed, worth up to 25 per cent of turnover. However, mistakes in the application process can hamper the progress of applications, with often incomplete or incorrect details resulting in a rejection.
If you’ve got a bit of spare cash laying around and some free time in early September, you might like to look in on auction house Gooding & Company’s ‘Passion of a Lifetime’ auction, being held as part of the Concours of Elegance event at Hampton Court Palace on 5 September.
Cars are getting bigger, there’s no doubt about it, and it seems UK infrastructure can’t keep up with our ever-growing vehicles, leaving drivers in a spot of bother on the roads. To find out just how much cars are expanding, Zuto analysed 14 of the UK’s most popular cars to see the difference in size in comparison to the original versions.
Scope Ratings GmbH is predicting a slump in the order of 15-20 per cent in the European automotive market this year. Sales in Western Europe are among the worst hit, with a predicted 21 per cent fall in light vehicle demand. Having said that, the European credit rating agency says that the region’s car manufacturers have proved surprisingly resilient.
The UK Government recently fast-tracked a permit to allow electric scooter rentals on public roads. The move forms part of a broader investigation into greener travel and overcrowding on public transport as the COVID-19 pandemic rages, according to GlobalData.
Formula E, the all-electric street racing championship, provides an exciting and competitive platform for global car manufacturers and mobility providers to test and develop road-relevant technologies. The series aims to act as a catalyst to help refine the design of electric vehicles and improve the driving experience for everyday road car users all over the world. Commencing with double-header races in Diriyah, Saudi Arabia in late November 2019, Season 6 of Formula E concludes following a pause due to the Covid-19 pandemic, with a dramatic finale in Berlin held in a series of races over 6 days. DS Techeetah was successful in its retention of both the constructors’ and drivers’ titles on 9th August with two races still to take place on 12th and 13th August.
If there is anything positive to come out of the coronavirus pandemic, it is that the vast majority of the public are acutely aware of the importance of personal hygiene and cleanliness; particularly when it comes to hand sanitisation. It is virtually impossible nowadays to enter any building without being urged to take advantage of the ubiquitous hand sprays on display.
For those who have had to use their vehicles throughout the lockdown period, it has been a welcome change on the roads, with less traffic and fewer jams and hold-ups. But now lockdown is being eased, it appears that old, bad habits are raising their ugly heads once again as motorists appear to have become ruder and inconsiderate.
Over two-thirds (69 per cent) of car owners over 55 bought their car outright without using finance, compared to half (50 per cent) of 34 – 54yrs and a third (33 per cent) of under 34s, according to a survey of over 2,000 UK drivers. On average, over half (56 per cent) of cars were bought outright via cash or debit card, 10 per cent were bought on hire purchase, 11 per cent using personal contract purchase (PCP), 5 per cent loan from a bank, 5 per cent on lease and 3 per cent were given as a gift. The Opinium survey, commissioned by InsuretheGap, an independent provider of GAP (Guaranteed Asset Protection) car insurance, finds that almost one in five (17 per cent) under 34s use a PCP to finance a car purchase, compared to just 9 per cent of over 55s.
Engine products and drive systems supplier Dayco has opened a food bank at two of its Italian facilities, in order to further support those in need via the Italian Red Cross. The Covid-19 pandemic has negatively impacted the world economy and had serious consequences on a regional level, which has also affected many communities.
