Business lease customers are increasingly turning to newer vehicle manufacturers, with the latest data from Leasing Options revealing that Chinese manufacturers are making up a significant share of the business lease market. A 42.2% of business leasing contracts were with Chinese manufacturers, with Chinese cars seeing exclusive deals and working well for … [Read more...]
Rising diesel price speeding up electric lorries, says Welch Group
Soaring diesel prices are strengthening the business case for electric heavy goods vehicles, with UK haulier Welch Group forecasting substantial long-term savings from electrifying its fleet and opening its charging infrastructure to other operators. New analysis from New AutoMotive estimates that the surge in diesel prices since July is adding … [Read more...]
Chargepoint cost is barrier to EVs, say Motorpoint
Almost 5.8 million motorists could be delaying swapping to an electric car due to the price of installing a charger. Nearly new and used car retailer Motorpoint surveyed 2,000 UK drivers to understand how home charging concerns are impacting EV adoption. Among motorists who don’t currently drive an EV, almost a quarter (23%) said they’d be … [Read more...]
New Moke EV unveiled in Paris Motor Show
As the sun sets on Europe’s hottest summer on record and all eyes now look towards next year’s holiday season, MOKE International unveiled the next generation of its iconic, all-electric beach car, the Electric MOKE Mk2 at the Paris Motor Show this week. Crafted in Britain but admired and enjoyed in the world’s sunniest and most glamorous locations, the new … [Read more...]
Used car values dipping for first time in 2026 – Cazana
Fleet operators and remarketing managers face a changing used wholesale landscape as retail values experienced their first monthly dip of 2026, according to the latest market data from automotive data specialist Cazana. Average retail values at the key defleet milestone of three years fell slightly by 0.2% (c.£50) in September; however, Cazana stresses that … [Read more...]
Power price and eVED are roadblocks to market change
More than half (53%) of dealers say the high price of public charging is the biggest threat to expansion of the used electric car market. October’s Startline Used Car Tracker shows that almost as many – 52% – believe the planned introduction of pence per mile Electric Vehicle Excise Duty (eVED) will be an issue. Other factors named include the lack of home … [Read more...]
Call for rural fuel duty relief in Wales
Welsh Conservative Shadow Rural Affairs Minister and farmer Andrew RT Davies has called on the Government to introduce a rural fuel duty relief scheme covering communities in Wales. Mr Davies pointed out Treasury modelling shows a sparsity premium of between 20-60% often applies to the delivery of rural services. He said help with the price of fuel will go … [Read more...]
Motor Fuel Group slash recharging costs nationwide
Motor Fuel Group, the UK’s largest independent forecourt operator, is pleased to announce that drivers who charge using the MFG Connect app will continue to pay just 59p per kWh at every MFG EV Power site in the UK, building on the success of its summer price drop. The app price is 25% below MFG EV Power’s standard rate of 79p per kWh. That is a saving of … [Read more...]
Car market accelerates but also divides
The UK new car market accelerated in September, with registrations up 12.1% to 350,518 units, according to the Society of Motor Manufacturers and Traders. The result marks a 10th consecutive month of growth and the strongest September since 2017 according to figures from the industry at the end of last week. In Wales, new car registrations rose 12.8% last … [Read more...]
Electric cars get a big boost
UK vehicle dealerships are experiencing an acceleration in electric vehicle demand with customer enquiries, vehicle purchases, and finance applications gathering pace over the past 12 months. New dealer research from Close Brothers Motor Finance (CBMF) reveals that more than eight in 10 dealerships stocking electric vehicles have experienced an increase in … [Read more...]
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