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SMMT 2020 statistics

SMMT 2020 statistics

2020 was a disastrous year for many, and in particular the UK motor industry. The SMMT have today issued their registration stats for the year which show an overall decline of 29.4% compared to 2019 (2.31m versus 1.63m in 2020) We summarise the key data in the table...

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A walk in the park

A walk in the park

Went for a long and enjoyable walk on Christmas Eve around the Deer Park at Woburn, in the pouring rain. On the way back we walked through Woburn town. It’s a narrow road through the town, with cars parked along one side, a 20mph limit, and traffic can only go in one...

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435 mile range for VWs ID6 BEV

VW's ID6 will apparently travel up to 435 miles, courtesy of its 84kWh battery, when it launches in 2023. For me that's Manchester and back on a single charge, with range to spare. Game on! 200kW charging means you can add 143 miles of range in just 10 minutes from a...

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Should you take the company car or the cash?

The bottom line is that it’s partially about tax rules, but it’s also about how generous the cash is. If someone offers you, say, £10k pa rather than a VW Golf then probably just take it. However, if the cash allowance has been set appropriately (i.e. cost neutral to...

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Brexit impact on car materials

After years of arguing, Brexit is getting very real. We understand BMW have announced an increase in RRP of just over £3,000 effective 1 January on the I3. This is due to changes in the “Product Specific Rules of Origin” legislation pertaining to the maximum permitted...

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The challenges in creating smaller EV batteries

Here’s a link to another (excellent) article that talks about the need for OEMs to focus on smaller EV batteries to cut real world CO2 emissions, and the challenges this creates for those seeking cars with longer ranges. I’d read before about Mazda’s MX-30 with its...

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Honda calls on government to support hybrids

Credit to Honda for this message to the UK Government, which many in the industry will privately agree with. There are, of course, different perspectives here, and there may even be some that will see this as an attack on BEV. But it is not, its a plea for pragmatism....

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Boris Johnson and his advisors

We totally support the drive to EV, BUT Elon Musk thinks global battery supply won’t even get close to meeting demand in the short to medium term. Presumably Boris Johnson is being briefed that it will. Polestar think that one of the most advanced BEVs available will...

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P11D stats updated (finally!)

P11D stats updated (finally!)

HMRC have finally shared benefit in kind stats up to the end of April 2019 which show us that 870 thousand company cars were reported in 2018/19. The overall tax and NIC take by the exchequer rose to £2.46bn. These remain provisional numbers. This includes cars that...

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Hybrid ban from 2030?

I don’t know about you, but I dread reading the news every morning. I think we’re living in what the old Chinese curse would call “interesting times”! Right in the middle of all of this chaos the Government appear to be leaking that the hybrid ban will come in 2030,...

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Polestar and Life Time Emissions

Polestar and Life Time Emissions

How impressive are Polestar? The new car is clearly a winner. And now they’ve put out their own Life Cycle Assessment of emissions comparing the Polestar 2 to a Volvo XC40 Petrol. This is a complex area and I’ve already read arguments on here disputing Polestar’s...

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Changes to VAT on car contracts

Changes to VAT on car contracts

I wouldn't normally post about VAT, however, this has potential to impact leasing companies and funders... HMRC have amended their guidance on the VAT treatment of early termination fees and compensation payments which could have a serious and wide spread...

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Can we talk about Electric Vehicles?

Read a “car crash” of an exchange on LinkedIn this morning between an advocate of EV and someone worried about the supply of Lithium (and presumably other materials) for batteries. It was all there, disagreement yes, but conflicting data presented as facts, emotion...

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Innovation in Electric Car Design

Innovation in Electric Car Design

I took this photo at the Geneva Motor-show a couple of years back. It’s the all electric Microbus that VW have been threatening to make for a couple of years now. We need cars like this. There’s something a little sad about EVs built to look like current petrols and...

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UK Car Market: How does it compare globally?

UK Car Market: How does it compare globally?

In this second post about the UK car market we’re sharing some stats about the size of the market, the percentage of BEVs registered, and how we compare to the rest of the world. China bought almost half of all the BEVs sold in the world in 2019, at 1.1m units. That's...

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the increase in weight of cars

When I was a toddler my mum and dad had a mk1 Ford Cortina, the car that become the Sierra and is now the Mondeo. But did you know that the current generation Fiesta is around the same size as that Cortina and weighs 250kg more? As another example, a VW Up 5dr is...

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How old is the average car in the UK?

How old is the average car in the UK?

How old is the average car in the UK? It’s 8.3 years and that’s been getting worse every year since 2005. This is the first in a short series of posts about the UK car market, its size, age, fuel mix and how it competes with other countries.... The graph on the left...

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Moving the goalposts

In 2002 Gordon Brown changed the way company car tax worked to encourage fleets to focus on cars that emitted less CO2. Under NEDC, as it was then, a car that emitted less than 169g/km attracted the lowest rate of just 15%. Year on year OEMs knocked it out of the...

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Copyright © 2019 HRUX. All Rights Reserved.
Privacy Policy  |  Cookie Policy