Following last week's General Election, the automotive sector has written its wish-list for the new Labour Government and what it sees as priorities to boost sales and the economy on wheels. The RAC is calling for the new Labour Government to urgently tackle the most pressing concerns of the UK’s 40m motorists in its new transport policy. The poor state of local roads, rising insurance premiums … [Read more...]
New car registrations pushed over a million
The UK new car market has hit the million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1% to reach 179,263 units, according to the Society of Motor Manufacturers and Traders. As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0% on the previous year but still down -20.7% on 2019. June’s market growth was driven … [Read more...]
Newslines 25 June
The Kia EV3 is making a "soft" introduction throughout Welsh dealerships in a few weeks. The new BEV brings Kia's electric expertise to the smaller family car market and potential buyers can see and touch the newcomer in a series of events across Wales from the end of August to middle of September. Over 1,800 motorists have told Isuzu that they intend to take a break in Britain this summer. The … [Read more...]
Chinese brands sweeping into dealerships
Xpeng is the Chinese electric vehicle manufacturer most likely to succeed in the UK market, named by 36% of dealers in new research. It is followed by Omoda (34%), BYD (31%), Lynk & Co (24%) and Nio (24%), according to June’s Startline Used Car Tracker. Other new entrants named by dealers include Jaecoo (19%), GWM ORA (17%), Zeekr (12%) and HiPhi (5%). Paul Burgess, CEO at Startline … [Read more...]
Businesses buying rise in UK car sales
The UK new car market marked its 22nd consecutive month of growth as registrations rose 1.7% in May, according to the latest figures from the Society of Motor Manufacturers and Traders. With 147,678 units reaching the road, it was the best May market performance since 2021, although it remains down some -19.6% on 2019. Fleets and businesses continued to fuel market growth, up 14.0% and 9.5% … [Read more...]
EV revolution literally gathers pace
It's green for go. The green flash on UK number plates is going to appear on more pure battery vehicles cars this year than ever before and some of the cars behind the plates are not run of the mill models but bursting with performance. potential. British motorists can enjoy more battery electric vehicle choice today than ever before, with 29.3% of models on the new car market available as zero … [Read more...]
Newslines 31 May
Two-thirds of drivers are unconvinced about switching to an electric car from a petrol or diesel model, says ALD Automotive Leaseplan. While there are favourable responses from existing ev drivers there is still work to do to encourage more to switch, with cheaper and more charging points among the factors. Toyota, Mazda and Subaru are developing new powertrains that will be compatible with … [Read more...]
Used car sales booming as new regs slow
The UK’s used car market rose by 6.5% in the first quarter of 2024 with 1,967,923 units finding new owners – the strongest start to a year since pre-pandemic 2019, according to the Society of Motor Manufacturers and Traders. Earlier this week, the car makers' body in Britain reported a dramatic slowdown in new car sales, particularly among retail buyers. The increase marks 16 months of … [Read more...]
EV price war on horizon
A price war is looming in the ev sector which will benefit buyers but hit dealers and fleets, an analyst said this week. This week, as Tesla cut prices again and the number of cheaper Chinese-made models are coming into Britain, the European motor industry and trade is seriously worried about how they will make money as spending tightens. Early this year, the UK Government introduced the Zero … [Read more...]
Kia is king among dealers, trade survey shows
Kia dealers are the happiest in UK, but Jaguar franchise holders are most pessimistic. Dealer satisfaction regarding current profit returns have experienced a slight decrease, with an average score of 6.1, down by – 0.1 from the Summer 2023 edition (-1.6% change) of surveys by the National Franchised Dealers Association. Assessing the trends, from previous DAS surveys, current profit return … [Read more...]
- 1
- 2
- 3
- …
- 33
- Next Page »