Newsletter
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Issue 5 - 05th February 2021
Welcome note from Sue Robinson
Dear Colleague, The latest new passenger car registration figures showed a significant decline primarily due to the closure of showrooms during the current lockdown. However, we have highlighted that there is optimism about the year ahead - when restrictions start to ease, pent-up demand and the growing popularity of EVs are likely to fuel sales. Positively, the light commercial vehicle market performed very well in January, up 2.0%. Please find...
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05th February 2021
OPTIMISM ABOUT NEW CAR SALES IN 2021 DESPITE JANUARY DECLINE
As expected new car sales fell -39.5% as a result of the January lockdown, but retailers are optimistic about the year ahead, provided that dealerships will be allowed to reopen as soon as it is safe...
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05th February 2021
VAN SECTOR KEEPS ECONOMY ON THE ROAD AS SALES GROW IN...
The light commercial vehicle sector performed exceptionally well in January, thanks to dealers’ ability to meet demand through click & collect services and deliveries, despite the current...
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05th February 2021
Clean Air Zones are coming soon - update
As we are quickly approaching the launch of the first Clean Air Zone in Bath, here is an update from the Government’s Joint Air Quality Unit (JAQU) reminding you of what you can do to ensure you are...
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05th February 2021
MILS Case Study: Return from Furlough
“I have had some staff on Furlough for some time. I would like to start bringing some of my staff back from furlough but one or two of them are objecting. What can I do?” The concept of Furlough is...
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05th February 2021
HMRC publishes guidance and examples of phishing emails,...
HMRC have published guidance and examples of scams designed to trick individuals and businesses regarding claims of additional grants, tax rebates and more. To help their investigations, HMRC...
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05th February 2021
COVID recovery for EU car sales expected to start in 2021
After a year that saw the sharpest drop ever in EU car sales due to the COVID-19 pandemic, the European Automobile Manufacturers’ Association (ACEA) forecasts that 2021 will mark a “first step on the...
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05th February 2021
Government announces £20 million chargepoints boost for...
The Transport Secretary has announced funding to increase the number of electric vehicle chargepoints. Local authorities are being urged to take advantage of a £20 million cash injection to boost the...
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05th February 2021
New-style driving licences and number plates announced
To mark the first anniversary of Brexit, the Government has unveiled new designs for driving licences and number plates without the EU flag. UK driving licences and number plates have been given a...
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05th February 2021
USED PRICE GROWTH REMAINS ROBUST AS RETAILERS PAUSE...
According to the latest results from the Auto Trader Retail Price Index, which is based on daily pricing analysis of circa 900,000 vehicles, the average price of a used car in January was £14,155: a...
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05th February 2021
Weekly News Digest
Vertu Motors' 2020 profits ‘ahead of forecasts’ after positive COVID-19 lockdown trading – AM Online Vertu Motors has reported that it expects its pre-tax profits for the financial year ending...
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