ELECTRIC VAN AND LORRY GRANT EXTENDED
The Government has extended their grant scheme for electric vans and lorries, for two more years. Those looking to buy a qualifying vehicle can claim between £5000 and £16000. For more on this, click the MoveElectric article here.
INTERNATIONAL ENERGY AGENCY LISTS OIL REDUCTION STEPS
The International Energy Agency (IEA) has outlined ten steps we could take to reduce the amount of oil we need to use. If the ideas were adopted across the globe, the IEA predicts that an amount of oil equivalent to half of Russia’s exports could be saved. To find out more, click here for The Guardian article.
VOLKSWAGEN ANNOUNCED PROFITS JUMP
VW’s operating profits rose, over 2020, 451% on 2020, which to a certain degree is understandable. Whilst their sales revenue and returns on sale rose very slightly they actually sold 8% fewer vehicles. This is another example of companies targeting their higher profile specs and vehicles. For more on this story, click the Autocar article link here.
AUDI GROUP POSTS RECORD PROFITS
Audi is the latest company to say “we sold less but made more money”, with profits from Audi, Lamborghini and Ducati at €53.1 billion and record operating profits. We need to remember Bentley are not included yet as they were only assimilated into the group at the start of this year. To read more about this, click here for the Autocar article.
POLICE TARGETING CATALYTIC CONVERTER THIEVES
A national combined operation by police, in England, has targeted thieves of catalytic converters with over 30 arrests made. Added to this several scrap metal sites were served with forced closures. 38,000 catalytic converters were stolen in 2021. You can read more about this, by clicking the Motoring Research article here.
NISSAN AXES THE GT-R IN EUROPE
After 13 years the axe has finally fallen on the GT-R. The specific reason is stricter noise regulations, for this region, whilst changes to emissions and crash integrity being the official reason for other global markets. To learn more click here for the EVO article telling us the sad tale. ——————————————————————————-
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WRC: CHANGES TO TIME PENALTIES FOR HYBRID FAILURES
The FIA has amended their rule and penalty for teams who miss stages due to a hybrid tech failure, for WRC teams. For the first two rounds each stage absence
