The Best Car Finance Blog In The World

Fleet operators are most worried about the use of mobile phones, speeding, eating or drinking behind the wheel and tired driving, according to a Webfleet Solutions survey.

Almost three-quarters (73%) of UK fleet decision-makers say poor driving behaviour is negatively impacting their business.

The findings, from a survey of 1,050 European fleet decision makers and published in the European Road Safety Report 2021, suggest that the use of mobile phones and other devices (71%), followed by speeding (69%), eating or drinking behind the wheel (68%), and driving while fatigued (67%) are their biggest areas of concern.

More than two-thirds (68%) of UK commercial fleets have vehicles involved in road collisions every year, and 61% say that, on average, they have at least one insurance claim a month made against their company by other road users.

“Significant investment is being made in developing more powerful hardware and software to make vehicles safer,” said Beverley Wise, sales director UK and Ireland for Webfleet Solutions.

“Telematics, for example, can improve the safety of commercial fleets by offering powerful insights into driver behaviour. Fleet managers and decision makers can access a range of valuable data points from each driver trip, with an overview of incidents like speeding, harsh steering, or sudden braking.

“This data can be paired with vehicle camera footage, offering fleet managers context of why these events occur. 

“Driver-facing cameras, using Artificial Intelligence (AI), also assist in better driving by detecting various types of unsafe behaviours and alerting the driver to correct their course before an accident occurs.”

Wise says that the integrated solution gives fleet managers “full transparency and clarity”, allowing them to protect their drivers from non-fault claims and coach them to drive more safely.

According to the European Road Safety Report survey, UK fleet decision makers were most likely to have adopted reversing and side camera technology to help improve road safety (40%) and half (51%) of businesses said they were offered a lower premium if they adopted a telematics system.

Driven largely by the positive impact connected cameras can have on insurance claims, the stringent new vision regulations coming into force in parts of the UK will also play a role in connected camera uptake.

  

“This latest research underlines the need to improve road safety of UK fleets, and the best way to achieve that is through better driving habits and improved visibility,” added Wise.

“Legislative change will certainly encourage uptake of technology in the coming years but fleet decision makers should aim to be one step ahead and use technology and telematics to their competitive advantage.”  By Graham Hill thanks to Fleet News

Toyota is offering new and used customers a service-activated warranty called Relax, which can be applied until the vehicle reaches 10 years or has covered 100,000 miles. 

All Toyota and Lexus models qualify as long the age and mileage criteria are met, including passenger cars and light commercial vans and pick-ups.

They do not have to have been purchased from a Toyota or Lexus centre – second, third and even fourth-hand vehicles traded privately or from other outlets are eligible, potentially enhancing the residual value (RV) of vehicles when defleeted.

There is no requirement for a vehicle to have a history of servicing at an official centre in order to qualify for the warranty; it will be applied from the date the vehicle is serviced at a Toyota or Lexus centre.

Rob Giles, Toyota (GB) customer services director, said: “This is a game-changing proposition that redefines the manufacturer warranty, giving our customers the reassurance and value of cover for up to a decade of motoring.

“There are compelling business benefits to be gained as well, with Relax connecting us with more owners, building loyalty and giving our network partners the opportunity to maximise value chain opportunities in both sales and after sales activities.”

The new warranty applies to every type of powertrain and Toyota says that there are no complex clauses, exclusions or caveats.

All new Toyota vehicles will be sold with a three-year/60,000-mile manufacturer’s warranty as standard, while at the same time Toyota Relax will be made available to all Toyota owners when they have their vehicle serviced at an official Toyota centre.

For Lexus, the existing three-year/60,000-mile new vehicle warranty remains in place.

The Relax warranty is automatically activated on the completion of a scheduled full or interim vehicle service at an official Toyota or Lexus centre.

Customers can extend their Relax warranty by an extra 12 months/10,000 miles, year after year, until the 10-year/100,000-mile limit is reached.

On vehicles that have service intervals every two years, the cover is for 24 months/20,000 miles.

Ewan Shepherd, director of Lexus in the UK, said: “The foundation for this exceptional level of protection is the essential quality, durability and reliability of our vehicles and our commitment to delivering customer-first service.

“As well as rewarding existing Toyota and Lexus owners, our Relax programme will also strengthen the appeal of our vehicles to new customers, equally whether they are considering a new car or a used model.”

The Relax warranty covers the same parts and labour as the three-year manufacturer’s warranty provided on new Toyota and Lexus vehicles and the one-year manufacturer warranty that’s standard with approved used vehicles.

It does not include wear and tear items, bodywork, paint, interior trims and maintenance parts.

A vehicle health check is part of the service package, which includes all mechanical and electronic parts, which helps potential problems to be detected at an early stage. Any existing defects present at the time of service are excluded from the warranty.

If owners are concerned about potentially having to pay for significant repairs when bringing their vehicle to a centre for service for the first time, Toyota’s Drive Now, Pay Later scheme is available to spread costs over a suitable period of time, it says. By Graham Hill thanks to Fleet News.

The ‘Relax’ programme covers new and used Toyota and Lexus vehicles, with the scheme applying retrospectively to second-hand models.

Toyota and Lexus have launched an industry-leading warranty programme that provides up to 10 years’ cover for new and used cars, vans and pick-up trucks.

The ‘Relax’ scheme adds a year’s warranty to a vehicle each time it is serviced at a Toyota or Lexus dealer. There is no extra cost for the programme, servicing costs are unchanged, and vehicles are eligible until they are 10 years old or have covered 100,000 miles.

Relax comes with every new Toyota or Lexus, and also applies retrospectively to models already on the market, as long as they are under 10 years old and have covered fewer than 100,000 miles. This means if you were to go out today and buy a nine-year-old, 90,000-mile Prius, you could add a year’s manufacturer warranty to it simply by getting it serviced at a Toyota dealer.

The scheme also applies to vehicles that have been maintained outside the Toyota and Lexus dealer networks: bringing a car back in for a main or interim service will activate Relax for a year. Vehicles used commercially, including taxis, are covered, as are all powertrain types, including hybrids, electric cars and the hydrogen Toyota Mirai. 

A number of manufacturers offer warranties that extend beyond the once-traditional three-year period; Renault and Hyundai provide five years’ cover, while Kia gives a seven-year/100,000-mile warranty.

Toyota previously offered a five-year/100k-mile policy, and Lexus a three-year/60k one. Relax replaces both these with a three year, 60,000-mile warranty as standard, and this can be extended each time a vehicle is serviced at a main dealer.

The scheme works in the same way for vehicles with longer service intervals: the Toyota Proace van, for example, has a two-year maintenance schedule, and so has two years of warranty added each time it is serviced. Toyota’s previous warranty scheme, introduced in 2010, remains valid, with Relax beginning at the end of the five-year period.

Toyota’s price promise, which sees dealers match service quotes from independent garages within 10 miles, is also unchanged. Rob Giles from Toyota GB called Relax “game-changing”, while adding that it brings “compelling business benefits” for the firm.

Why is Toyota doing this?

Relax is good news for consumers, so is likely to attract new buyers in and of itself. Toyota also expects a “significant growth” in dealer footfall, upping servicing income and tempting more people with new cars. Residual values are also likely to increase, and with PCP deals paying off depreciation, over time this could theoretically have a positive impact on new-car finance.

Plus the firms’ exposure to warranty costs is proportionally low: our Driver Power data shows 9.6 per cent of Toyota and 11.1 per cent of Lexus owners had issues with their cars; the industry average was 17.34 per cent. By Graham Hill thanks to Auto Express

I am reprinting the guide as laid out by Fleet News. Frankly I’m totally confused made worse by the fact that much of the handling of VAT is down to driver honesty and returns. Good luck!

HMRC has clarified the tax policy concerning the VAT treatment of the charging of electric vehicles (EVs) via public charge points and at home.

The tax authority says that the standard rate of VAT applies to supplies of EV charging through charge points in public places.

It has also explained when input tax can be recovered for charging EVs for business purposes.

HMRC says that supplies of EV charging through charge points in public places are charged at the standard rate of VAT. There is no exemption or relief that reduces the rate of VAT charged.

There is a reduced rate of VAT for supplies of small quantities of electricity, known as ‘de minimis’.

The de minimis provision only applies if the supply of electricity is all of the following: ongoing; to a person’s house or building; and less than 1,000 kilowatt hours a month.

The de minimis provision does not apply to supplies of EV charging at charge points in public places.

This, says HMRC, is because these supplies are made at various places such as car parks, petrol stations and on-street parking, not to a person’s house or building.

In addition, these supplies are not usually an ongoing supply to one person where the rate of supply can be calculated.

HMRC says that it is possible to recover the input tax for charging an EV if all of the following apply: you are a sole proprietor; you charge your electric vehicle at home; and you charge your electric vehicle for business purposes.

HMRC says you should work out how much of charging your EV is for business use and how much is for private use. VAT is recoverable only on the business use amount. The usual input tax rules apply.

It means businesses cannot reclaim VAT on electricity used by an employee to recharge a vehicle at home, even when the charging is for business journeys.

However, HMRC’s policy on petrol/diesel is to allow VAT recovery when an employee fills up their car and is reimbursed by their employer.

As a sole proprietor, HMRC says it is also possible to recover the input tax for charging your EV for business use at other places. The usual input tax rules apply.

The rate for recovery of input tax for charging EVs is the same as the VAT rate charged on the supply of electricity.

For employees charging an EV (which is used for business) at home, HMRC says the VAT cannot be recovered, because the supply is made to the employee and not to the business.

For employees charging an employer’s EV (for both business and private use) at the employer’s premises, the employee will need to keep a record of their business and private mileage so that the employer can work out the amounts of business use and private use for the vehicle.

HMRC says it is possible to recover the full amount of VAT for the supply of electricity used to charge the EV. This includes the electricity for private use.

However, you will be liable for an output tax charge on the amount for private use. This is because a ‘deemed supply’ has been made.

Alternatively, you can recover VAT on only the business element. The usual input tax rules apply. By Graham Hill thanks to Fleet News

‘Self-driving’ vehicles fitted with Automated Lane Keeping System (ALKS) could be permitted on the roads later this year, in the wake of a government consultation on the safe use of the technology.

The UK government has set out how vehicles fitted with ALKS technology will be allowed to use the roads. It said it would work to facilitate a data sharing agreement between insurers and manufacturers, and to ensure manufacturers provide sufficient driver information to help them understand how to safely use automated vehicles.

A separate consultation on changes to the Highway Code to clarify rules on safe use has been launched, proposing to add a new section setting out expectations for users of automated vehicles.

Driverless cars expert Ben Gardner of Pinsent Masons, the law firm behind Out-Law, said: “The introduction of ALKS is likely to be the first of many gradual steps as we see increasing levels of autonomy in road vehicles. However, at this stage, it will not be possible for drivers to reap the full benefits of these advanced driving features as other existing driving laws will also need to be reviewed and, if deemed appropriate, amended or withdrawn altogether.

“Arguably the current speed restrictions could limit how frequently this technology is deployed and prohibitions on using handheld devices whilst at the wheel will remain in force. As a result, in the short term, drivers will not be fully released from their driving responsibilities and free to do other tasks,” Gardner said.

“However, as regulatory reviews continue and new advanced driving features come to market, we will begin to see a phased evolution of what road vehicles are technically and legally capable of doing – together with the benefits of increased productivity and, more importantly, reduced congestion and accidents,” Gardner said.

ALKS controls a vehicle’s movement without the need for driver intervention and is designed to keep a car in its motorway lane at speeds of up to 37 miles per hour – for example when there is heavy, slow-moving traffic.

The system can only be activated through a deliberate action by the driver and when the driver is in the car’s driving seat and available. It can also only be used on roads where pedestrians and cyclists are not present.

The government launched a consultation into the use of ALKS on motorways last summer and received 186 responses (45 page / 2.4MB PDF) from individuals and organisations, including from manufacturers and insurers.

Although respondents felt that drivers needed to understand ALKS capabilities and limitations to use it safely, only a minority proposed mandatory training. Respondents said manufacturers had a responsibility to ensure drivers understood how to use vehicles, and there was widespread support for a public awareness campaign to educate all road uses about ALKS.

The proposed new section in the Highway Code on automated vehicles sets out the requirements for drivers. It notes that drivers are not responsible for automated vehicles when they are driving themselves, and drivers do not need to pay attention to the road in these circumstances. However, they do need to pay attention to instructions about when it is appropriate to engage the self-driving function.

Drivers should remain in the driving seat if a vehicle is designed to require them to resume driving after being prompted to, and are still responsible for the vehicle being in a roadworthy condition.

Drivers will be permitted to perform other activities if they are using vehicles that can safely drive themselves. The government said it intended to consult later this year on amending the regulation concerning the use of screens in vehicles, and would consider changes to the use of screens by drivers of automated vehicles.

The government is also planning to commission research to scope the technical requirements needed for enabling motorway-based automated driving systems to operate at higher speeds and change lanes. By Graham Hill thanks to Pinsent Masons

A new hub of electric vehicle (EV) chargers will open in Oxford this year, offering a variety of fast and ultra-rapid charging facilities.

Billed as Europe’s “most powerful” public EV charging hub, the Pivot Power site will provide 38 charging points from providers Fastned, Tesla and Wenea.

Unlike other charging hubs, the site, at Redbridge Park & Ride, will be directly connected to the high voltage national electricity grid, to provide the power needed to charge hundreds of EVs at the same time quickly, without putting strain on the local electricity network or requiring costly upgrades.

The planned hub will scale up to help meet the need for EV charging in the area and is the first of up to 40 similar sites planned across the UK to help deliver charging infrastructure needed for the estimated 36 million EVs by 2040.

Councillor Tom Hayes, cabinet member for Green Transport and Zero Carbon Oxford at Oxford City Council, said: “As an innovative city embracing technologies and change, Oxford is the natural home for the UK’s largest public EV charging hub.

We are excited to be taking a major step forward in the completion of Energy Superhub Oxford, working closely and superbly with our private sector partners. As an ambitious city, we are excited about the prospect of further innovation and investments, building upon our record of transformational public and private sector delivery.”

The announcement is a “key milestone” in the completion of Energy Superhub Oxford (ESO), due to open in Q4 this year, and comes as Oxford is set to launch the UK’s first Zero Emission Zone this August, where vehicles are charged based on their emissions, with EVs able to use the zone for free.

The £41m world-first project, led by Pivot Power, integrates EV charging, battery storage, low carbon heating and smart energy management technologies to support Oxford to be zero carbon by 2040 or earlier.

Matt Allen, CEO at Pivot Power, added: “Our goal is to help the UK accelerate net zero by delivering power where it is needed to support the EV and renewable energy revolution. Oxford is one of 40 sites we are developing across the UK, combining up to 2GW of battery storage with high volume power connections for mass EV charging.

“Energy Superhub Oxford supports EDF’s plan to become Europe’s leading e-mobility energy company by 2023, and is a blueprint we want to replicate right across the country, working hand in hand with local communities to create cleaner, more sustainable cities where people want to live and work.”

Fastned will initially install ten chargers at the Superhub with 300kW of power, capable of adding 300 miles of range in just 20 minutes for up to hundreds of EVs per day.

The station will be powered by 100% renewable energy, partly generated by the company’s trademark solar roof, and all makes and models of EVs will be able to charge at the highest rates possible simultaneously.

Any EV will be able to use the site, with chargers open 24/7 and only requiring a simple contactless payment. An on-site café is planned where drivers can buy drinks and snacks, ensuring the charging process is as convenient as possible. By Graham Hill thanks to Fleet News

Connected Kerb is working with Kent County Council to provide a blueprint for local authorities to deliver electric vehicle (EV) charging infrastructure to hard-to-reach communities.

In the project’s first phase, Connected Kerb is installing 40 charging units across 20 Kent parish sites.

All income from the chargers will be reinvested into the local community or used to support the rollout and maintenance of more chargers.

Chris Pateman-Jones, CEO of Connected Kerb, says that access to charging infrastructure is one of the “biggest barriers” to the uptake of EVs.

“Although demand for chargers is higher in dense urban areas, the lack of infrastructure in out-of-town communities leaves people concerned about switching to EVs,” he said.

“It is vital that access to public charging is equitable across the entire country and we bring an end to the EV charging postcode lottery.”

The distribution of EV charge points across the UK is massively varied. For example, around a third of the UK’s public charging network is located in London, equivalent to 63 public chargers per 100,000 people.

This compares to areas like Gravesham, Kent or Castle Point, Essex, which have just 3.7 chargers per 100,000 people.

According to the UK Government, access to convenient charge points is essential to ensuring communities do not become isolated, either because they become unreachable for other EV motorists, or because they themselves are unable to utilise new EV technology.

The Competition and Markets Authority (CMA) has also highlighted the risk that electric car owners in some areas could be “left behind” as a significant challenge to the industry, with a lack of infrastructure potentially stifling EV uptake.

Pateman-Jones continued: “Nobody should be left behind by the EV revolution because of where they live.

“Our partnership with Kent County Council shows that the economics of installing EV charging in non-urban areas is much more favourable than many believe. This is a recipe for success for local authorities across the UK.”

Installing public charging infrastructure outside of busy urban areas has typically been a challenge for the industry.

Lower grid capacity and fewer connections increase upfront cost, with lower footfall compounding the challenge by extending the return-on-investment period.

With some rapid chargers costing upwards of £100,000 to install, and with lifespans of between 5-10 years, the economics rarely add up, says Connected Kerb.

As part of the company’s mission to make EV charging accessible for everyone, wherever they live, it says that its technology and business model enables local authorities to provide all communities with accessible, low-cost and reliable public EV charging.

The chargers also feature additional smart capabilities that can facilitate air quality monitoring, parking management, CCTV, road sensors, 5G connection, autonomous vehicles, route planning and power demand forecasting, it says.

Tim Middleton, transport innovations programme manager for highways, transportation and waste at Kent County Council, said: “This partnership offers a fantastic opportunity for Kent businesses, residents and visitors to have equal access to electric vehicle charging infrastructure – not only is this crucial as we move closer to the 2030 ban on the sale of petrol and diesel cars, but it means that Kent can play its part in the transition to decarbonisation.”

The EV charging units are being installed at a range of sites, including village halls and car parks, beginning from this month.

Every charger will provide a 7kW – 22KW fast charge and will feature contactless payment via the Connected Kerb app.

The project has received funding from the Kent Lane Rental Scheme, the Department for Transport (DfT) and parish councils, and for some locations 75% of the costs were financed through the UK Government’s On Street Residential Charge Point Scheme, available to all local authorities in the UK.  By Graham Hill thanks to Fleet News

Police forces have recovered more than 1,000 stolen catalytic converters and arrested more than 50 people.

The joint operation to tackle catalytic converter theft, codenamed Goldiron, was coordinated by the British Transport Police (BTP).

Police forces joined experts from the Joint Unit for Waste Crime (JUWC), led by the Environment Agency, Smartwater Group, and motor industry, to carry out synchronised enforcement action, intelligence-led site visits, forensic marking and educational events.

Over a five-day period last month, officers and partner agencies made 56 arrests, visited 926 sites, stopped 664 vehicles, recovered 1,037 stolen catalytic converters and 297 items of stolen property; and identified 244 offences.

During the visits and checks, officers searched for stolen metal and examined trader’s financial records to ensure they were complying with the 2013 Scrap Metal Dealers Act.

The JUWC also coordinated a series of waste site inspections to ensure businesses held environmental permits and met other legal requirements.

Furthermore, catalytic converter marking demonstrations were also held to educate and encourage drivers to protect their vehicles. More than 1,610 vehicles were forensically marked by officers and partner agencies.

National Police Chiefs’ Council lead for metal crime, BTP Assistant Chief Constable Charlie Doyle, said that the “positive results” are testament to why it’s vital to share information and specialist knowledge to disrupt those operating in this area of crime.

“By taking a multi-agency approach, we are maximising our ability to identify those who are involved in catalytic converter theft, making it harder for them to sell stolen metal and gain from their criminal activities,” he added.

Catalytic converters clean harmful gases before they exit a vehicle’s exhaust pipe and are stolen for the precious metal they contain. These metals have surged in value recently, leading to organised crime networks to commit more offences.

A national conference took place in November last year to create a cross-agency plan focussed on prevention and detection and this was the second week of action that has taken place since.

National Police Chiefs’ Council lead for vehicle crime, Cheshire Police Assistant Chief Constable Jenny Simms, said: “Policing and law enforcement agencies will continue to focus on catalytic converter theft and ensure that this low risk/ high-reward crime is relentlessly targeted, and offenders are brought to justice.”

The RAC and Ageas say that vehicles parked during lockdown are being targeted by criminals stealing catalytic converters for their precious metals.

There has been a “marked rise” in the theft of catalytic converters since the start of the first lockdown just over a year ago, says Ageas Insurance.

Three-in-10 of all theft claims reported are now related to catalytic converters. Before the lockdown catalytic converter theft only accounted for around one-in-five.

Toyota is working with police and Smartwater to covertly mark the catalytic converters on more than 100,000 cars in an attempt to deter thieves.

The initiative is costing the car maker more than £1m and will be provided to existing Toyota owners for free.

Police say that reports of catalytic converter theft should be made as soon as possible to increase the chances of detection.

People are encouraged to report any suspicious activity to the police by calling 101, or 999 if an offence is in progress. If you spot something at a railway station, contact BTP by texting 61016 or calling 0800 40 50 40.  By Graham Hill thanks to Fleet News

The Government is being urged to honour a commitment made in its road safety action plan to increase the penalty for not wearing a seatbelt.

In the plan, launched in July 2019, the Government said people caught not wearing a seatbelt would face penalty points on their licence as well as a fine.

The offence has long been endorsable in Northern Ireland, where drivers who fail to ensure a child in a front or rear seat is not wearing a seatbelt also face points on their licence. However, these tougher sanctions do not apply in England, Scotland or Wales.

GEM chief executive Neil Worth explained that official figures show that, despite compliance rates of 98.6% among car drivers, more than one in four (27%) of those killed in cars were not wearing a seat belt – amounting to more than 200 deaths.

“Seatbelts reduce the risk of death by 45% for drivers and front seat occupants. They also reduce the risk of serious injury by 50%,” he said.

“Research shows time and again that seatbelt laws increase seatbelt use, and therefore reduce deaths and serious injuries.

“We have seen mobile phone penalties for drivers rise in recent years, and if seatbelt offences were dealt with in a similar way, we believe would see a significant and immediate reduction in the number of drivers and vehicle occupants killed and seriously injured on our roads.”  By Graham Hill thanks to Fleet News

A 236-bay electric vehicle (EV) charging hub will be installed at Brent Cross Shopping Centre, making it the largest facility of its kind in the UK.

The hub will be installed and operated by Franklin Energy. It is expected to be completed in 2026.

Initially, 50 22kW charging points will be installed in the shopping centre’s multi-storey car park along with two 350kW ultra-rapid units in the Western overflow car park. These will be completed by the end of 2021.

Brent Cross shopping centre is co-owned by Hammerson and Aberdeen Standard Investments. The new charging hub will be Hammerson’s ninth destination to offer charging points.

Louise Ellison, group head of dustainability at Hammerson, said: “The installation of the UK’s largest EV charging facility will not only attract more visitors to our centres at a time when we are expecting to see a significant increase in electric vehicles on the roads, but also shows our continued commitment to tackling climate change, as we continue our journey towards becoming net positive by 2030.

“Combined with our renewable electricity contracts, this service has the potential to significantly reduce the carbon footprint of visitors to Brent Cross by supporting the transition to electric vehicles. ”

In addition to benefiting existing customers visiting the shopping centre, the facility will also provide charging points for cars passing by on the nearby M1, A41 and A406 via the North Circular.

The EVBox charging units will be part of Franklin Energy’s LiFe Network which is expected to have 5,000 public chargers by 2025.

Niall Macdonald, deputy fund manager for the Aberdeen Standard UK Shopping Centre Trust, added: “The scale of this installation of electric vehicle charging points at Brent Cross is our most ambitious to date and we believe it will provide a fantastic service to our customers allowing them to make the change to EV confident in the knowledge that this facility is available to them.” By Graham Hill thanks to Fleet News