Motor Trade Industry News

Want the latest from the motor trade industry. Total Insurance provide the latest news on the motor traders insurance sector helping you stay covered.

Toyota Camry To Be Brought Back To The UK Market After 14 Year Layoff

2018-07-12T12:53:21+00:00July 12th, 2018|

Toyota Camry To Be Brought Back To The UK Market After 14 Year Layoff It has been 14 years since the classic name of the Toyota Camry has graced our new vehichle forecourts – but now out of the blue Toyota has announced that it is looking to bring it back to the UK [...]

Motor Trade Dealers Turn It Around In May

2018-07-17T09:16:17+00:00July 12th, 2018|

Motor Trade Dealers Turn It Around In May The figures are in for dealer profitability for May 2018 and they make much better reading than this time last year. Just 12 months ago retailers in the motor trade market place were averaging a loss of £17,000 but this year it looks like we may [...]

A quick guide to Motor Trade Insurance

2018-07-16T16:33:59+00:00July 3rd, 2018|

A quick guide to Motor Trade Insurance If you are feeling confused about what type of insurance you need within the motor industry, you are not alone. Many businesses in the motor trade are unsure which policies exist and what the policies cover. To help you find the right motor trade insurance, we have [...]

Why claiming on your insurance is a bad idea

2018-07-11T10:06:19+00:00October 29th, 2017|

Why claiming on your insurance is a bad idea Living in a faster paced society, and commonly having to work harder for our money than we did 10 years ago. Many people look at their insurance as a quick way to make some money when the smallest of accidents happen. With people being quicker [...]

Dealers not working their sales leads correctly

2017-10-17T14:53:26+00:00October 10th, 2017|

Dealers not working their sales leads correctly Sales leads don’t come cheaply and can be a major source of income for car dealers if used correctly and treated in the manner they should be. New data has just come out by digital marketing firm Marketing Delivery that 37% of sales leads are incorrectly noted as [...]

A Huge Accomplishment as Jaguar Land Rover Raise £185,000 in Channel Swim

2018-01-15T15:19:54+00:00September 13th, 2017|

A Huge Accomplishment as Jaguar Land Rover Raise £185,000 in Channel Swim The team led by Jeremy Hicks, managing director of Jaguar Land Rover UK, have achieved an incredible feat as their total amount raised for the motor industry charity Ben reached £185,000 last week. Hicks and 13 of his colleagues teamed up to form [...]

Car dealers enjoy average profits of £46k in June

2018-07-28T10:12:15+00:00August 18th, 2017|

Car dealers enjoy average profits of £46k in June June proved a successful month for the UK motor industry as car dealers pocketed an average £46,000 in profits, new figures show. According to new data from the automotive finance firm ASE, the figure is a rise of £3,700 compared to the same month last [...]

TrustFord Funds New IT Infrastructure Across 60 Sites

2018-01-15T13:28:18+00:00July 1st, 2017|

TrustFord Funds New IT Infrastructure Across 60 Sites New IT infrastructure has been installed across 60 of TrustFords UK sites. The group ranked ninth in Motor Trader Top 200 and has recently partnered wth the ANS group, a managed services provider that uses cloud technology in order to boost its computer network capabilities alongside a [...]

Honda’s Electric Vision – ‘Major, Major Changes’ are on the Horizon

2018-07-28T10:11:44+00:00March 28th, 2017|

Honda’s Electric Vision – ‘Major, Major Changes’ are on the Horizon Honda’s UK branch has stated that there are going to be ‘major, major’ changes on the horizon for their dealer network as their vision focuses towards an electric future. Honda’s sights seem to be set on dominating the electric motor traders industry, starting [...]

Winter tyres: does your insurer need to know?

2018-07-17T09:20:45+00:00December 23rd, 2016|

Winter tyres: does your insurer need to know? As the British winter does its worst, some motorists in the UK may be considering equipping their vehicles with winter tyres. But, whether you have general insurance for your motor or need HGV or driving instructor insurance, should you tell your insurer about your winter tyres and [...]

Age is nothing but a number (for motor trade insurance)

2018-07-17T09:22:08+00:00March 23rd, 2016|

Age is nothing but a number (for motor trade insurance) It can sometimes seem that the insurance industry has a grudge against young people when it comes to getting their own insurance. Car insurance is the most well known one, with many young people paying four figure sums even for the oldest, slowest cars [...]

Convictions don’t affect eligibility for Motor Trade Insurance

2018-03-02T09:48:59+00:00January 9th, 2016|

Convictions don't affect eligibility for Motor Trade Insurance We’ve all done things we’re not proud of, whether that’s in our reckless youth or in a more recent moment of madness, and perhaps got some sort of criminal conviction as a result of it. The important thing is that you’ve learned from your mistakes, and you’ve [...]

Everything you need to know about the Motor Insurance Database

2018-03-02T09:42:52+00:00October 26th, 2015|

Everything you need to know about the Motor Insurance Database The Motor Traders Insurance Database, or MID as it is sometimes shortened to, is an online database that contains the information of every car that is insured to be driven on the road in the United Kingdom. As a motor trader, taxi driver, or courier, [...]

The mistake that could leave you with a £271 fine plus a ban from driving

2018-05-27T08:28:34+00:00October 16th, 2015|

The mistake that could leave you with a £271 fine plus a ban from driving Millions of us often do it without giving it a second thought, but if you’re caught, you could be left with a hefty fine and a ban from driving. The offence? The perhaps seemingly innocent one of loaning your car [...]

AXA buys Global Insurance Management

2018-03-02T10:07:59+00:00September 17th, 2015|

AXA buys Global Insurance Management AXA have just bought Global Insurance Management; the company provides a vast array of products relating to the motoring industry, such as MoT, tyre fitter insurance and mechanical breakdown covers to dealers and manufacturers alike across the globe. The company also supplies supermarkets and car retailers with numerous products and [...]

Don’t Forget to Update Your Motor Trade Insurance Database

2018-03-02T09:43:39+00:00September 5th, 2015|

Don't Forget to Update Your Motor Trade Insurance Database If you are purchasing and selling numerous vehicles as a motor trader, you must make sure you have a cheap motor trade insurance policy, however once the motor trade insurance policy is confirmed you must also be sure to update your Motor Insurance Database (also known [...]

A worrying amount of Ghost Brokers are emerging!

2018-05-27T08:28:57+00:00June 29th, 2015|

A worrying amount of Ghost Brokers are emerging! A BBC investigation into the recent increase in fraudulent brokers throughout the motor trade industry has seen the emergence of conmen, who are known as “ghost brokers” throughout the motoring industry. The BBC reports that ghost brokers are targeting people on a low budget, as well as [...]

Ford Profits Fall Short after Lack of sales

2018-05-27T08:30:36+00:00May 5th, 2015|

Ford Profits Fall Short after Lack of sales Ford managed to shift 1.57 million vehicles last year, a rather impressive amount; but for the world’s second largest car manufacturer it’s not quite good enough. Reports show that fords sales have declined by 21,000 compared to the year earlier, and in North America alone, sales fell [...]

Almost New Car Sales Down 12% for first Quarter

2018-05-27T08:31:10+00:00April 23rd, 2015|

Almost New Car Sales Down 12% for first Quarter Since December, the second hand sales of cars that are 1-5 years old has fallen a staggering 12% according to a recent BCA Pulse report. Statistics show a decline from an average £23,075 sale of each ‘nearly new’ car in December to £20,208 in March of [...]

Car salesmen reveal their worst nightmares

2017-08-07T12:45:44+00:00April 17th, 2015|

Car salesmen reveal their worst nightmares A leasing firm has revealed nightmare stories of car salesmen’s weird, expensive and downright hilarious test drive experiences. Over 200 car sales folk were asked about their most alarming experiences, and there were some cracking tales among them; to give a sample quote: "It was when we arrived in [...]

Can car stickers make you a target?

2017-10-11T08:16:13+00:00February 16th, 2015|

Can car stickers make you a target? This week you may well have seen a story across the news about a vicar who was allegedly threatened with having her car insurance voided as she had religious stickers visible on her vehicle. Apparently, she had not informed her insurance company about these stickers, with the insurance [...]

Drivers could miss out by not shopping about for Insurance

2018-05-27T08:26:15+00:00February 16th, 2015|

Drivers could miss out by not shopping about for Insurance A new study shows that differences in cheap traders insurance policies could be costing some motorists up to an extra £1,500 every year. According to the study, drivers who don't do their homework and search the market for the best possible deals, could be paying [...]

Fight crime and save money with our car security tips

2017-08-10T16:01:34+00:00February 16th, 2015|

Fight crime and save money with our car security tips Whether you are a seasoned motorist, driving instructor or first time buyer, negotiating a decent deal on your car insurance can be a stressful experience. Luckily, there are a few simple steps you can follow to cut down on costs and find the best possible [...]

How to drive down your car insurance premiums

2017-08-10T16:01:58+00:00January 30th, 2015|

How to drive down your car insurance premiums With insurance costs once again seeing a continued rise, owning and insuring a car can be an expensive business. The good news is, however, that there are easy - and legal - steps that you can take to ensure that the cost of your car insurance is [...]

Are tumbling petrol prices behind rising insurance costs?

2017-08-10T16:02:15+00:00January 16th, 2015|

Are tumbling petrol prices behind rising insurance costs? With the UK economy still struggling to find its feet, it's no surprise everyone wants to save money on their fuel bill. Our thirst for reasonably priced petrol may be having unintended consequences, however. New figures reveal that the amount of drivers rushing to garages to top [...]

UK’s best-selling cars revealed as sales rise by 9%

2018-07-28T10:10:38+00:00January 14th, 2015|

UK’s best-selling cars revealed as sales rise by 9% After the years of recession, and at a time when motoring insurance premiums are generally predicted to rise, it’s nice to have some good news – in 2014, Britain’s sales of new cars were better than they had been for 10 years. Latest figures from [...]

New NCAP five star rating will take car safety to a higher level

2018-04-05T09:33:19+00:00January 7th, 2015|

New NCAP five star rating will take car safety to a higher level In the past few years, most new cars for sale in the EU obtain a spectacular five star rating from Euro NCAP, the prestigious crash test agency located in Brussels. The good news for motorists is that meeting the previously tough standards [...]

The road safety impact of 3G vehicle cameras

2017-08-10T16:04:12+00:00December 31st, 2014|

The road safety impact of 3G vehicle cameras It’s been proven that 3G vehicle cameras have a major impact on insurance costs as well as road safety – with one figure from industry research claiming they bring down accidents by as much as 45%. Some 2,000 commercial vehicles were analysed over a period of six [...]

Will insurance fraud crackdown cause premiums to tumble?

2018-03-02T10:05:25+00:00December 15th, 2014|

Will insurance fraud crackdown cause premiums to tumble? In a new bid to crackdown on the amount of fraudulent home and traders insurance claims, Justice Secretary Chris Grayling has vowed to get tough on fraudsters and those trying to cheat the system. Insurance fraud costs the industry billions each and every year, adding somewhere in [...]

Used car dealers should be regulated, says government

2018-07-28T10:04:00+00:00December 1st, 2014|

Used car dealers should be regulated, says government New government measures have been announced to guarantee a consistently good quality of service from those who deal in used cars. The Used Car Commission, created by Westminster, will create a fresh set of standards for individual and franchise car dealers, which they must follow. The [...]

Mercedes steers towards driverless, lifestyle cars

2018-04-02T10:46:54+00:00November 21st, 2014|

Mercedes steers towards driverless, lifestyle cars German automaker Mercedes has offered a glimpse of what the car of the near future might look like – and possibly the greatest news is you won't always be in the driver's seat because you'll get to relax in luxurious style on the way to your destination. The company [...]

Servicing Stop admits having to turn away work

2018-04-02T10:45:38+00:00November 13th, 2014|

Servicing Stop admits having to turn away work The national chain Servicing Stop has admitted having to unfortunately turn customers away through not enough garage having 24hr online booking facilities to deal with demand. The company backed by dragons den Deborah Meaden has 1200 garages on its box but is in urgent need to sign [...]

Before you get an insurance policy.

2018-04-02T10:43:29+00:00October 14th, 2014|

Before you get an insurance policy. If you run a business in the in the motor industry, motor trade insurance is essential. The insurance needs of different motor trade businesses have created space for many new insurance companies. Although most of these companies offer their clients the correct motor trade insurance policies, so they can [...]

When do you need a Combined Cover Policy?

2018-07-28T10:02:32+00:00October 8th, 2014|

When do you need a Combined Cover Policy? There are many different types of motor trade insurance policies which can provide coverage of all your business’s facets. Getting insurance coverage not only protects you from liabilities and damages, it also fulfils a legal requirement for all motor trade businesses to have an insurance policy. [...]

Requirements and Skills Tyre Fitters Need

2018-04-02T10:43:04+00:00October 1st, 2014|

Requirements and Skills Tyre Fitters Need Thinking about becoming a tyre fitter? It is a good profession to get into, it is a specialised skill; people prefer services of specialised professionals rather than general mechanics. And there is always the advantage of being one’s own boss, there will be no one hovering over you and [...]

Total Insurance Provides Important Information Regarding Insurance Policies

2018-03-02T10:16:03+00:00September 24th, 2014|

Total Insurance Provides Important Information Regarding Insurance Policies Don’t understand your policy completely? Learn more about your motor trade insurance by visiting Total Motor Trade Insurance. Business owners can sometimes find it hard to understand the finer points of their insurance policy. Which is to be expected and it is more common then you may think. [...]

Find the Right Insurance Cover for your Motor Trade Business

2018-04-02T10:48:13+00:00September 24th, 2014|

Find the Right Insurance Cover for your Motor Trade Business Total Insurance can help you find specialised insurance cover for your motor trade business. As owners of motor trade businesses, you may have constantly heard that getting the ‘right’ motor trade insurance is absolutely vital for your business. The reasons are repeated over and over; it [...]

September will be a ‘pivotal’ month for the used car market

2018-04-02T10:48:33+00:00September 21st, 2014|

September will be a 'pivotal' month for the used car market We recent wrote on the rise in value of second hand car values. We now write on the increase of used cars now on the market. Now that Britain has come out of the recession, more and more people have the funds to be [...]

How to find the Best Motortrade Insurance for your Business

2018-04-02T10:49:53+00:00September 20th, 2014|

How to find the Best Motortrade Insurance for your Business There are literally hundreds of companies offering insurance policies specifically for the motor trade industry. It is hard to navigate through them and find the policy that will provide your business the right protection, yet still has affordable premiums. Motor trade business owners basically have [...]

What to Expect as a Professional Mechanic

2018-04-02T10:51:03+00:00September 20th, 2014|

What to Expect as a Professional Mechanic The most saturated professions in the motor trade industry is the mechanic’s. Aside from the motor trade business owners, being a mechanic is the most lucrative profession in the business. If you are planning to join the profession, you couldn’t have picked a better time. In UK mechanics [...]

Before you get an Insurance Policy, you should…

2018-04-02T10:52:35+00:00September 18th, 2014|

Before you get an Insurance Policy, you should… Motor trade insurance is a necessity for anyone operating a business in the motor industry. The insurance needs of every motor trade business have created space for many new insurance companies. Many of these companies offer their clients assistance in their time of need, by offering the [...]

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