Archive for May, 2011

EU PARLIAMENT MOVE TO CLEANER VANS COULD CREATE A TWO TIER USED MARKET SAYS SHOREHAM MANAGING DIRECTOR ALEX WRIGHT

Thursday, May 5th, 2011

• Cleaner vans may penalise SMEs who buy used vans
• Running costs of older vans will immediately go up and residuals will fall
• EU Parliament need to consider impact on used market before introducing new legislation

The decision by the European Parliament to ensure 100% of vans are sub 147g/km CO2 emissions by 2020 could create a two tier used market according to Shoreham Vehicle Auctions’ managing director Alex Wright. (more…)