Daily Motor News – Friday 10 January 2025

ILC ARTICLE

Out today

Bank of Dave 2: The Loan Ranger – the sequel to number one rated Netflix film Bank of Dave based on the story of ILC Motor Networking Lunch special guest Dave Fishwick – is available from today on Netflix. 

A charismatic entrepreneur, Dave started his career in vehicle sales in the 1990s, later founding vehicle dealership David Fishwick which today is the premier supplier of minibus and passenger carrying vehicles based in Colne, Lancashire. Full story

Feature story

MIBI recovers £46k from uninsured driver

MIBI has recovered about £46,000 in costs from a claim in 2016 involving an uninsured driver. MIBI paid claims costs at the time and has now recovered the entire costs from the sale of the uninsured driver’s property. Full story

Claims

Will my car insurance still be valid if I crash during snow or ice?

Car insurance is still valid even if the claimant drives in snowy and/or icy conditions. However, if it’s thought you have negligently put yourself and others at risk, your claim could be questioned. Full story

Five possible challenges facing insurers and MGAs

As insurers and Managing General Agents (MGAs) look ahead to 2025, they must contend with a variety of evolving challenges, from navigating more complex regulations to adjusting to shifting customer behaviours. To help navigate these challenges as much as possible, S&G Response is exploring five key call outs. Full story

Excessive speeding now commonplace on UK roads

Eight in 10 (81%) drivers say they regularly see people ‘excessively speeding’ on all types of roads, new data from the RAC reveals. While 82% report noticing other drivers breaking the limit excessively on motorways and high-speed dual carriageways, 80% say it is also a common occurrence on 30mph or 20mph roads. Full story

How telematics can help fleets fight rising car insurance rates

In Germany, the UK, and indeed in many other countries in Europe, the cost of car insurance premiums has been rising well above inflation. This is one thing more expense fleets need to keep a lid on. Fortunately, they have a highly effective tool to do so at their disposal: telematics. Full story

VINTTRO Announces New Insurance Partnership

VINTTRO is excited to announce the live launch of our new Insurance partnership, working alongside its strategic partner Sona Insurance Solutions.

Jason Balls who is a director and co-owner of VINTTRO said, “This partnership has been in the making for sometime and is a key component and enabler of our vision, strategy and customer value proposition. This exciting partnership will enable us to provide specialist insurance cover and services across multiple product lines in both Commercial and Retail sectors.” Full story

High-visibility clothing may thwart pedestrian crash prevention sensors

The clothing that makes pedestrians stand out to human drivers may make them invisible to automated crash prevention systems, a new study from the Insurance Institute for Highway Safety suggests. The new study investigated the effects of conspicuous clothing on the performance of the pedestrian AEB systems installed in a Honda CR-V, Mazda CX-5 and Subaru Forester. Full story

Automotive

Europe struggles to build out EV industry

In a less-protectionist era, Europe and the US allowed China to build a dominant share of the electric vehicle battery market. However, in this era of increasing resource nationalism, the US and Europe perceive China’s dominance in batteries and battery metals as a threat to their industrial policies. Full story

Hyundai Motor Group partners with NVIDIA to accelerate development of AI solutions

Hyundai Motor Group has announced a strategic partnership with NVIDIA to accelerate the development of advanced AI technologies to drive the future of mobility. The Group aims to further enhance the application of intelligence to its core mobility products, such as software-defined vehicles and robotics, and across its business operations. Full story

Scottish car market grows by 3% – ahead of UK average

Sales of new cars in Scotland have grown by three per cent for the year to December 2024, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). Almost every region across the country improved sales output, with Dumfries and Galloway and Fife leading the way, at 9.4% and 9.3% respectively. Full story

Man trapped inside driverless car as it spins in circles

Mike Johns boarded a driverless Waymo taxi to an airport in Scottsdale, Arizona, but it began spinning in circles in a parking lot. He filmed the moment he was trapped in the vehicle, unable to stop the car or get help. Full story

Supply Chain

Software-defined hardware in the age of AI

Software-defined hardware is reshaping multiple industries as advances in AI enable new capabilities and dramatically reduce development costs. The benefits of software-defined hardware, enhanced by AI, translate into better products and services for end customers. Full story

Geotab x Ford: how OEM data empowers leasing and rental companies

On 16 Jan Geotab will host an online session considering how OEM data is proving crucial for leasing and rental companies who want to predict maintenance, minimise vehicle off-road (VOR) time, and enhance safety within their customers’ fleets. Taking part will be Chris Miller and Rylan Ramakrishnan from Ford and host by Kassim Al-Azzawe. Full story

Enterprise revealed as the most prominent brand within the UK’s car hire industry for 2024

With 165,000 monthly brand searches and an owned social score of 1,107, Enterprise has been revealed as the most prominent brand in the car hire sector for 2024. This is according to Saliance Search Marketing’s annual sector report, which uncovers the industry’s leaders based on their online prominence and visibility. Full story

News in Brief

Direct Line Group has confirmed three appointments to its Executive Committee. Maz Bown joined the Group in December 2024 as Group Chief Risk Officer while Angela Yotov has been appointed as Group General Counsel and Jane Storm will take over the post of Chief People Officer.

Toby Poston has stepped into the role of Chief Executive at the BVRLA following the retirement of Gerry Keaney after more than 11 years in the role.


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