Wednesday, 2. March 2011
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Hello John, wanna buy a motor? Well actually a motoring school, the biggest in the UK, BSM. So how much you gonna pay for this luverly motoring school? A quid – done John! Sold to the AA at the back of the room. That’s actually how much the AA paid for BSM after going into administration at the end of January. The company went through a management buyout in 2009 when it was bought for £10 million but according to reports has struggled ever since. The company has 2,100 instructors Read more »
Monday, 28. February 2011
There is another web scam going about as revealed by the DVLA. The email which includes a few spelling mistakes (bit of a giveaway) asks the recipient to click on a Department for Transport web address and fill in some details. It goes on to warn that if you fail to do so it will cause you to lose your drivers licence and you will have to re-take your test. The URL (web address) isn’t obviously a DVLA address but the template used for the site looks genuine and includes links to agency pages in the Read more »
Sunday, 27. February 2011
Knowing what you are doing when it comes to car finance is so important. I know I bang on about it all the time but let me be quite clear if you guess and get it wrong it could end up costing you a fortune. In a recent edition of Auto Express a lady bought a 5 year old Mini Cooper S Convertible for £10,500 from a main dealer under the Cherished Car scheme. On her way home a warning light came on and the ABS cut in when it didn’t need to. Already a clear case of faulty goods. She returned to the Read more »
Sunday, 27. February 2011
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Following on from the news that windscreen replacement company, Auto Windscreens, has gone into liquidation we hear that our roads are in the worst condition ever, despite an extra £600 million being spent on them last year. The information regarding the condition of our roads comes in a report called the Highways Condition Index (HCI) released by the Department for Transport. The report shows that only 68% of the roads were classified as ‘Good’ whilst 26% were ‘Reasonable’ and 6% were Read more »
Saturday, 26. February 2011
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Big and brash Boris announced in 2009 that London would be the ‘Electric vehicle capital of Europe.’ The aim was to have 25,000 charging points by 2015 which I’m sure caused many manufacturers to sit up and take note believing that the UK was the electrical way forward. Unfortunately that ambitious target has had to be cut somewhat, by 23,700 in fact. Yep, the new figure for installation by 2013 is now down to 1,300. This is a further drop since this time last year when the figure was set at Read more »
Friday, 25. February 2011
It always surprises me when just before Christmas off licences go bust and shut down at the very time of year when one assumes that demand is peaking. It therefore came as an even bigger surprise when I heard of the collapse of windscreen replacement giant Auto Windscreens, the second largest windscreen replacement company in the UK, operating 68 fitting centres and 550 mobile units. The Derbyshire based company simply ran out of cash forcing it to put its 1100 staff on unpaid holiday. The Read more »
Friday, 25. February 2011
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It just goes to show how people differ in views when it comes to surveys. BMW was upset when they fared poorly in the 2010 Driver Power Survey, assessing the dealerships on many levels. BMW dropped from 12th to 17th only to be replaced by Mercedes at the number 12 spot. Now this I really can’t understand as my last car was a BMW and the dealer was superb. The car before and my current cars are both Mercedes and the service I receive from the Mercedes dealership is incredible. And Read more »
Wednesday, 23. February 2011
It’s been a busy week this week, I attended a round table discussion hosted by Motor Finance, the journal of the industry and one for which I have written a regular column for many years. This was followed by the annual dinner of the Finance and Leasing Association (FLA), attended by 1400 guests, all movers and shakers in the finance and leasing industry. Recession – what recession? Anyway, going back to the round table, one of the main items on the agenda was the new EU Consumer Credit Read more »
Tuesday, 8. February 2011
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Who wants to know the best selling cars of 2010? No-one? Well tough I’m going to tell you anyway! The Fiesta tops the chart for the second year but the Nissan Qashqai has popped into the top ten as a result of Nissan’s car sales hike from 77,924 in 2009 to 87,396 in 2010, a jump of 15%. This made Nissan the most popular Japanese car maker in the UK overtaking Toyota who suffered badly with its massive recall dropping sales by 15%. The Society of Motor Manufacturers and Traders (SMMT) who Read more »
Monday, 7. February 2011
I have read several reports recently complaining about the motor insurance industry, it’s pretty much in turmoil with anomalies, inefficiencies over charging and deceit. I reported recently that some companies are now charging substantial arrangement and documentation fees in order to keep the monthly premiums low. We all know that there are a trillion terms in each policy making straight comparison very difficult so we tend to go for the cheapest and hope for the best. By that I mean try Read more »
