Tag: alternative fuel

Hydrogen cars could rewrite depreciation curve, VRA members hear

30th January 2018 | 0 Comments

Hydrogen cars could rewrite the standard vehicle depreciation curve, members of the Vehicle Remarketing Association heard at their monthly meeting last week.

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Fuel mix to become more important remarketing issue in 2018, says VRA

9th January 2018 | 0 Comments

The balance of stocking diesel, petrol, hybrid and alternative fuel used cars is set to become a more important issue for dealers over the course of 2018, says the Vehicle Remarketing Association. The trade body, which represents members that are involved in the remarketing of more than 1.5m vehicles per year in total, says that the process is likely to be relatively measured but also unavoidable.

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Fleet registrations propping up small growth in UK new car market

Fleet registrations propping up small growth in UK new car market

4th November 2016 | 0 Comments

The Society of Motor Manufacturers and Traders (SMMT) reports 180,168 new cars were registered in October, representing modest growth of 1.4 per cent. The growth was largely supported by fleet registrations, with private buyers continuing the trend of small declines. Registrations of alternatively fuelled vehicles continued to show growth in double digits, while the overall total for the year is also growing marginally, showing the resilience of the market. Analysis from KPMG suggests that predicted incremental price increases will not severely affect the market, though lower figures are anticipated in 2017.

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NFDA urges government to enhance alternative fuel vehicle grants

21st May 2015 | 0 Comments

The National Franchised Dealers Association (NFDA) is urging the Government to review urgently the funding and infrastructure plans associated with alternative fuel vehicles (AFVs) to make them a viable option for mainstream motorists.

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SMMT welcomes hydrogen infrastructure

10th October 2014 | 0 Comments

The Office for Low Emission Vehicles (OLEV) has announced an £11 million investment towards the development of a hydrogen fuel infrastructure in the UK. The investment will see the UK’s hydrogen infrastructure grow to up to 15 refuelling stations nationwide, and is part of government’s drive to make the UK a global leader in ultra-low emission vehicles. Joint-funded by government and industry, the project will allocate funds to: install and run up to seven new customer-facing hydrogen refuelling stations (£7 million); upgrade existing hydrogen refuelling stations (£2 million); and to acquire around 40 hydrogen-fuelled vehicles for the public sector (£2 million). The announcement was made by Minister of State for Business and Enterprise, Matthew Hancock MP, while visiting Honda, Nissan and Toyota in Japan.

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