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Used electric vehicle (EV) values could fall by a further 5-10% in the next few months, the latest Vehicle Remarketing Association (VRA) member meeting was told. Giving a presentation on market trends for different fuel types, Dean Bowkett of Bowkett Consulting said there continued to be an imbalance between used EV supply and demand, despite recent dramatic falls in value.
TerraClean-sponsored British Touring Car Championship (BTCC) ace Colin Turkington took two podium finishes at the latest round of the championship at Snetterton. In hot conditions, Turkington played tyre strategy to his advantage, also capitalising on a strong qualifying performance on Saturday that resulted in the four-time champion starting Sunday’s first race third on the grid.
SMP Europe-sponsored Great Britain team has sealed promotion into the top-level of the International Ice Hockey Federation (IIHF) Ice Hockey World Championships for next season, after a dramatic win over Italy in the final game of the Division I Group A match. In a tough battle on the ice, Italy tied the game three times before Team GB clinched a five-three winner in another memorable victory. Unbeaten throughout the tournament, Brett Perlini and Cade Neilson both scored twice, and Mike Hammond scored as well as having two crucial assists, as GB held off Italy to claim the Division I gold medal.
Transaid has secured an extension of its work funded by global road safety philanthropy the FIA Foundation, to lead the second phase of a project to establish a National Helmet Wearing Coalition in Kenya, using its extensive experience in motorcycle and motorised three-wheeler safety. Priorities for a new 13-month term are to secure the long-term future of the Coalition and cement Kenyan ownership of this initiative, whilst strengthening the implementation of the existing Kenyan Helmet Standard through improved enforcement capacity.
LKQ Euro Car Parts is continuing its support for Ukraine and this time has been able to hand over the donation in person as Sisters from the Congregation of St Joseph in Ukraine visited its headquarters in Tamworth. The company has been supporting Ukraine since the start of the conflict last February. To date it has raised enough money to buy and deliver seven ambulances to the Congregation, who have then sent these to hospitals across the country.
Apollo Tyres is now sourcing 100 per cent of its natural rubber supplies from companies who have committed to sustainability throughout the supply chain, aligning with the code of conduct set out by the Global Platform for Sustainable Natural Rubber (GPSNR). The new initiative, which came into full effect recently and forms part of Apollo Tyres’ Global Sustainability Strategy, applies to the supply of natural rubber to the company’s two European production facilities in the Netherlands and Hungary.
Mitas will continue its partnership with the Red Bull Erzbergrodeo extreme enduro event, including the exciting Mitas Rocket Ride and exclusive tyre sales and service at the race site.
The waiting is finally over as the first Bonus Point Millionaire has been randomly drawn from the huge list of REPXPERT members that scanned LuK boxes during the months of February, March and April – and it is congratulations to Markhams Garage in Kingsland.
Transport for London (TfL) has awarded Zest a contract to roll out 39 new electric vehicle (EV) charging bays across 24 locations in south and southwest London by the end of 2024 including outer London boroughs such as Sutton and Bromley. The charging infrastructure will be placed in parking bays near key routes used for essential road journeys typically made by high mileage, commercial users – including taxis and freight.
vGroup has announced that it’s been selected as an exclusive distributor of a selection of Michelin products by the official licensee holder in the UK. As a market leader of finished products for the car, van, and home vGroup International is pleased to expand its portfolio with the Michelin range.
The 2024 Kwik Fit British Touring Car Championship calendar has announced after series organisers TOCA confirmed its dates even earlier than ever before. After completing just two events of the 2023 campaign so far, the UK’s premier motorsport series has already locked down its dates for next year, sticking to a tried and tested format.
World-famous F1 legend and two-time World Champion Mika Häkkinen has designed the signature model of a new electric superbike in collaboration with Verge Motorcycles, the electric superbike pioneer. Just one hundred signature models will be produced, making it an extremely exclusive rarity.
Following the news that the Canadian Federal Government and Volkswagen have agreed to invest more than $14.8bn for the construction of a battery gigafactory in Ontario, Lucy Tripathi, automotive senior analyst at GlobalData, ocomments: “Volkswagen is the second largest automaker in the world and the battery cell business is one of its new auto strategies, which will help the company in becoming a leader in low-carbon or zero-carbon emission mobility. The goal of Volkswagen is to have 80 per cent of its vehicles to be electric by 2030.
GS Yuasa has announced that the firm has met its mid-term emission reduction and environmental targets as part of its response to climate change. The battery manufacturer has committed to reducing emissions by 30 per cent before 2030.
People up and down the country will benefit from smoother journeys, reduced congestion, and faster broadband rollout as the government clamps down on utility companies for leaving potholes behind after carrying out street works.
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