Month: February 2014

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Motor Industry expect spending spree on the 14 plate”

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Motor Industry Spending Spree Predicted!

Motor Industry says UK MOTORISTS are expected to go on a spending spree with the new 14 plate arriving next month. Industry experts predict a continuing sales surge as confidence in the economy improves. This week’s January sales figures pointed the way with 154,562 new vehicles registered — up 7.6 per cent on January last year, reports the Society of Motor Manufacturers and Traders.

Likely Winners…

Top-sellers in January were the Ford Fiesta and Focus, Vauxhall’s Corsa and Astra and the VW Golf and Polo. This looks likely to repeat itself in March.

Why the spending spree?

Analysts are gung-ho on the back of rising consumer confidence, cheap credit and a desire to buy a more economical car.

John Leech, head of automotive at accountant KPMG, predicted a further sales surge of around 5 per cent.

He says: ‘The recent strong UK car sales were maintained in January driven largely by cheap finance offered by car manufacturers, bolstered by continuing PPI claim payouts and substantial fuel cost savings from switching to a new car. These elements are likely to remain in place in 2014.’

At Moody’s Corporate Finance Group, vice-president and senior analyst Andreas Rands says: ‘We expect UK new car registrations to grow in 2014 as a result of further anticipated strengthening in the UK economy.’

Jaguar Cars latest brand ambassador

jaguar cars

Jose Mourinho becomes Jaguar Cars latest brand ambassador

Chelsea manager Jose Mourinho has reportedly been named as the latest ambassador for British manufacturer Jaguar cars, which will gift the ‘Special One’ a £85,000 top-of-the-range R model of the first UK-registered F-Type Coupe. According to certain news sources, Jaguar have stated that it was the Portuguese football genius who approached them about becoming involved in the firm.

The new sports car will be capable of 0-62mph in just four seconds and a top speed of 186mph.

Jaguar UK’s managing director Jeremy Hicks said that with the F-Type Coupe, their designers and engineers have created the ultimate expression of Jaguar DNA- beautiful design combined with immense dynamic performance.

The report mentioned that the official UK launch of the stunning sports car will take place within the next couple of days at Canary Wharf, London.

England legend and Match of the Day host Gary Lineker recently showed off his new Jaguar F-Type convertible on Twitter, the report added.