Keep up to date with Mann Island’s latest news and insights about the motor industry and operating environment
Electric vehicle batteries should now last 20 years or more on average, according to new data from Geotab, which provides telematics – vehicle and asset tracking solutions to over 50,000 customers in 160 countries.
The cost of buying an all-electric car has been a hurdle for many people very rapidly; this affordability is changing. ‘The average 3-year-old BEV is almost 44% cheaper than in January 2023.’
On July 17th, at the State Opening of Parliament, King Charles III delivered ‘The King’s Speech.’ Written by the Government and delivered by the Monarch, the speech typically sets out bills that the Government intends to introduce to Parliament in the session ahead and other policy priorities that do not require legislation.
The shift to Electric Vehicles (EVs) continues to gain momentum. Whether you are a supporter or not, the reality is that with regulation dictating that the number of EVs as a percentage of new cars sold increases, the availability of petrol and diesel cars on our roads will decline.
Returning for their sixth year, the Motor Trader Independent Dealer Awards will be held on July 11th at the Eastside Rooms in Birmingham. Mann Island is sponsoring the UK Independent Van Dealer of the Year award, another example of its support for the light commercial vehicle sector.
This Motor Trader Podcast in association with Mann Island focuses on Consumer Duty which came into effect in July last year. What sort of impact
It may not happen this year, but the trajectory for diesel sales is very clearly laid out in a report by automotive remarketing experts Cox
As a finance lender whose roots are firmly linked to the light commercial vehicle (LCV) sector, Mann Island Finance’s deeply engrained empathy for and knowledge of the new and used LCV sector and its distinctive needs is very well established.
After an ‘unprecedented’ period when used car values rose over an extended period, four consecutive months of falling used car prices in the closing months of 2023 was headline news across the motor retail sector. It will also have gained the attention of many consumers.
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