Providing clarity - 30 July 2024
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NEW ICE ONLY CAR SALE BAN TO BE 2030 IN UKThe Department for Transport has stated that they will ‘provide clarity’ by announcing that new internal combustion petrol and diesel only cars will be banned from sale in 2030. Further details will be issued in ‘due course’. Questions are being raised over vans, which are not mentioned. To read more, click this FleetNews article link here. STELLANTIS PROFITS HALVEDStellantis revealed their first half financial results and they were bruising. A reduction in sales and that they are going through a big model refresh, across their brands, contributed to this. CEO Carlos Tavares has announced he would be reviewing all brands and threatened to close down those that are not profitable. He also stated that the UK’s zero emission vehicle (ZEV) mandate was damaging the company and unfair it did not take into account that they built such vehicles in the country. Click here to read about the profit issues via this Autocar link. To read more about the UK and how that has proved tricky for the company, click this AMOnline article link. If you wish to consider which brand or brands may go, click this Autopian link as they run through those under the Stellantis group. FORD POSTS SMALLER THAN EXPECT PROFITSFord also announced their financial results for the last quarter, which did not meet the expectation of many. They put the less than hoped for numbers down to the huge expense of repairing vehicles under warranty. On top of that the Ford model e division, for electric vehicles, operating loss was another $1.1 billion. Click this Reuters article for more information on this. Click this Jalopnik article to read more about the warranty costs for Ford. SOME WELSH ROADS WILL REVERT TO 30MPHThe Welsh Government has announced that it has put aside £5 million for some roads to be returned to a 30mph limit where councils think the new law was inappropriately applied. This is following “feedback”. If you wish to read more on this, click the Wales Online article link here. NEW SPANISH CAMERA CATCHES SPEEDERSA new camera system, to be rolled out across Spain, detects if a vehicle bakes heavily before a speed camera and accelerate quickly after. Any vehicles spotted doing so can result in a €600 fine and 6 pints being added to the driver’s license. The cameras will be fitted anything up to one kilometre either side of the traditional...
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