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Motor Trade Insurance News

Summer 2021 Fuel Prices In The U.K

The pandemic appears to have had a mixed impact on motoring costs: Supply issues are pushing up new and used vehicle prices, while large-scale home working has reduced vehicle use and cut motor claims, thus lowering the cost of an insurance policy. Though this is welcome news for private motorists and perhaps those currently looking at their motor trade insurance cover, trying to predict how all this might affect fuel prices remains far from clear.

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New Car Sales Figures Spring 2021 Up!

The impact of this unprecedented global coronavirus pandemic continues to distort planning, predictions, and expectations in the motor trade just as it has done in many other industries. UK showrooms were essentially closed until May 2021, while lockdown, homeworking and furlough arrangements have left many motorists with more disposable income than anticipated.

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F1 Season 2021

All eyes from the motor trade industry will be glued to the new Formula 1 season, which is the 72nd running of Formula 1 and now well underway. Lewis Hamilton won the opening round of the campaign which took place in Bahrain, below are some of the things you need to know about the significant changes and reasons to be excited about this new season and what is still to come.

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In-Car Advertising?

Innovations in technology are constantly evolving in the marketing world, with many companies constantly adopting the changes and enhancements to reach new and existing customers. One of the upsides of new advertising technology are the advancements in geographic and demographic targeting methods used to help business attract more consumers and increase sales.

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Driving Penalty Points and Fines

In the United Kingdom (and many other countries), driving penalty points and fines are added to your driving licence when you break the law on public roads. The number of points added to a motorist’s driving licence once they’re convicted depends on the severity of the traffic offense committed, if you accumulate too many penalty points you’re highly likely to be banned from driving altogether for a set period of time (as ruled in a court of law).

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