Electric cars accounted for over a quarter of new registrations last month, said the car makers' body, the Society of Motor Manufacturers and Traders. The UK new car market remained stable in October as registrations rose 0.5% to reach 144,948 units, with petrol and diesel models declining. Registrations by fleets declined slightly, falling -1.5%, but the … [Read more...]
Used EV values poor with gaps in charging and reporting
Action is needed to improve electric vehicle residual values, as the financial exposure of fleets continues to grow, FleetCheck is warning. Peter Golding, CEO at the fleet software specialist, said that while there was strong evidence that used EVs were now selling faster, prices remained stubbornly low. “The used market has reached a position … [Read more...]
Chancellor warned over tampering with EV support
The chancellor should be careful to avoid hampering ongoing fleet electrification in next month’s Budget, FleetCheck is warning. Peter Golding, CEO at the fleet software specialist, said that preferential tax treatment had been the prime motivator of electric company car adoption – and that negative tax changes could similarly lead to a loss of … [Read more...]
Electric cars’ tyres are wearing sooner
Price differences between electric and internal combustion engine (ICE) company car tyres are persisting, new data from epyx shows. In September 2023 – the average price of an ICE tyre was £168 while an electric equivalent was 32% more at £222. By August this year, the ICE tyre had risen to £187 while the electric tyre was £246 – still a difference of … [Read more...]
Tradelines 22 October
Seat will be the ‘entry’ brand within the Volkswagen Group and exciting hybrids are coming with a new model for 2029. The confirmation about the 75-year-old Spanish car manufacturer’s future shores up its position within the Volkswagen Group after years of speculation that it would be axed in favour of its spun-off Cupra premium performance brand. A … [Read more...]
Weekend roadtest: Skoda Kodiaq vRS
Making the right car at the right time is an objective all manufacturers aim to achieve but do not always reach and the 21st century has been decades of decisions and, generally, success for Skoda. After producing some of the ropiest cars sold across Europe in second half of the 20th century, Skoda became part of the massive Volkswagen Group in 1991 and … [Read more...]
Long term costs challenging to fleets
Total cost of ownership is the biggest challenge facing UK fleets, shows the new Arval Mobility Observatory Barometer. It was named by 48% almost of respondents in this new research – a jump from 31% when the same question was asked last year. Other challenges included implementing alternative energy strategies (46%), inducing more responsible driving … [Read more...]
Weekend roadtest: Volkswagen Tayron R-Line
About 80 years ago, Volkswagen began building its empire making a car for the people and it’s never lost sight of that objective which is neatly fulfilled in the Tayron. It is a car very much made for today’s markets around the world and fills the gap between its top of range Touareg and five-seat Tiguan with the widest powertrain possibilities in a seven … [Read more...]
Newslines 6 October
The LBX Vibrant Edition, an exclusive new model in Lexus’s top-selling compact crossover range, is now on sale in the UK. This limited-edition version of Lexus’s best-selling small SUV is endowed with a series of extra styling features that give it a distinctive look inside and out and enhance the brand’s “making luxury personal” ethos, and on-the-road … [Read more...]
Is the fuse about to blow for EV car sales?
There are indications the bubble is about to burst for electric car registrations and sales. Widespread pre-registration of electric cars is likely in the fourth quarter of 2025, a member meeting of the Vehicle Remarketing Association was told. This is because dealers and large fleets have been told car makers will be offering hefty discounts to them … [Read more...]
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