New research out this week reveals why German firms are refusing to join the United States’ tech trade war with China over semiconductor chips, a key component in modern electrical devices. University of Sussex and Kings College London researchers found heavy links between German car makers like Mercedes-Benz, BMW and Volkswagen, and the country’s semiconductor firms. With automotive companies … [Read more...]
Black is back with Volkswagen range
New Black Editions are being added to the Volkswagen line-up. The new trim sits above R-Line on four popular Volkswagen models – Polo, Taigo, T-Roc and the new Golf – and all come with additional features including larger alloy wheels, black styling elements, upgraded lights, heated front seats and wireless charging as additional specification varies by model. The styling elements differ by … [Read more...]
Drivers are game for a Golf
A survey has crowned the Volkswagen Golf as the country’s favourite car from the noughties. One in 10 picked the Golf as the car they love the most from the decade, placing it above every other model on the list and it was closely followed by the MINI (7.4%) and the Ford Focus (5.3%). Car-changing marketplace Carwow asked car enthusiasts about their favourite vehicles from the … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached 66,761, a rise of nearly 16% over 2022 and … [Read more...]
BEV charge is running down
The UK new car market grew by 9.5% in November to reach 156,525 units, according to the latest figures from the Society of Motor Manufacturers and Traders, but there's a slowdown in EV interest among private buyers. In the market’s best November for four years, registrations almost returned to pre-pandemic levels, down just 96 units (-0.1%) on 2019. Registrations in Wales rose 13.7% to 5,467 … [Read more...]
Tradelines 28 November
Volkswagen unions have been told next year will be "difficult" and the business is likely to slim down its workforce in Europe. A slower than expected take up of electric vehicles, continuing high investment in new products and intense competition from European and Far Eastern car makers has been cited as the business faces a tough two years until its new ranges become established. The … [Read more...]
Fleet discounts driving slight rise in new car registrations
October’s new car market grew by 14.3% to reach 153,529 registrations, 7.2% above pre-pandemic levels and marking the best performance for the month since 2018, according to the Society of Motor Manufacturers and Traders. The 15th month of consecutive growth was driven almost entirely by large fleet registrations, which grew 28.8% to reach 87,479 units. Private demand was stable at 62,915 … [Read more...]
Running costs drive motorists’ buying decisions, says Startline
The effect of rising living costs on which used cars are chosen by consumers has grown strongly in the last six months, according to September’s Startline Used Car Tracker. Running costs are the most important factor now named by 74% of motorists compared to 62% in April, followed by the cost of living, which is now at 65% against 61% over the same period. Similarly, inflation has risen from 26% … [Read more...]
Welsh new car sales leap over 26%
The new car market grew 24.4% in August with 85,657 new vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders. While August is typically a quieter month with many buyers choosing to wait until the September numberplate change, an increase of 16,799 units means the sector is now entering a second year of growth. Despite this improved performance, … [Read more...]
Stock funding key in troubled times
Data released by V12 Vehicle Finance shows the fastest-selling models to assist dealers with the acquisitions they make using stock funding. Over the last six months, the following manufacturers have stood out for stock being sold within the first 30 days of funding. Top 10 manufacturers on stocking plan less than 30 days Jaguar – 45% of volume sold within 30 days of being on a stocking … [Read more...]
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