Tesla takes the prize for selling the most EVs at 370,000 a year, or 42 per hour. Norway sells 261% more EVs per population than any other country and recenetly saw evs overtake sales of ICE models, while 58% of all passenger vehicles sold will be electric by 2040, compared to just 2.7% today, according to analysis reported by Moneyshake. Animal-free … [Read more...]
Finance
Brexit deal “unanswered questions” is concerning, says trade
The new, “thin” Brexit deal that is now in effect leaves many unanswered questions that could have serious implications for the UK motor industry, warns the Vehicle Remarketing Association. The trade organisation says that several key points surrounding the future of manufacturing and cross-border movement of vehicles remain vague or undefined. Sam Watkins … [Read more...]
EVs on charge in collapsed UK market
The UK new car market fell almost a third last year with registrations dropping 29.4% to 1,631,064 units, according to the Society of Motor Manufacturers and Traders today. A -10.9% decline in December wrapped up a turbulent year, which saw demand fall by 680,076 units over 12-months to the lowest level of registrations since 1992. Against a backdrop of … [Read more...]
When a car is not enough
The Ford Transit van entered the best-selling used car list for the first time in 2020, in a year in which online deliveries grew substantially, says AA Cars, the AA’s used car website. The Ford Transit was the ninth best-selling used vehicle of 2020, as a growing number of people who had lost work or been made redundant turned to delivery driving to … [Read more...]
Brexit deal provides hope for automotive sector
The Society of Motor Manufacturers and Traders want to ensure all automotive companies benefit from continued tariff-free trade with our largest market after agreeing on Brexit terms. While no substitute for the benefits provided by remaining in the EU, the TCA provides hope for the future, with a foundation on which to build, domestically and … [Read more...]
Newslines 22 December
The Welsh Government will allocate £20 Million next year for more cycleways. Its Active Travel investment is in addition to £274.7M for Transport for Wales rail and metro services. Public Health Wales said 352 cases of Covid-19 were identified at the DVLA centre at Swansea since September. Sixty-two cases have been identified at the call … [Read more...]
More families shifting towards used cars
In a year shaped by a pandemic and strict social distancing restrictions, drivers have still been able to get their hands on the car they wanted, said Seán Kemple, Managing Director of Close Brothers Motor Finance. "In fact, a new-found reticence to use public transport has shifted attitudes toward car ownership, a trend likely to grow even … [Read more...]
SUV sales are stalling as hatchbacks & wagons pick up
November saw a double-digit year-on-year drop in European new car registrations as part of the ongoing impact of the coronavirus pandemic. In November, the market registered 1,045,129 new cars – 13% less than for the same period in 2019 and it has recorded the lowest volume since 2014, when just 989,500 units were registered. Year-to-date figures continue … [Read more...]
EVs attracting company car drivers
Employees who have previously taken cash options are returning to company car schemes in “noticeable” numbers thanks to electric vehicles, reports Arval UK.Shaun Sadlier, head of consulting at Arval UK, said this was something that was predicted when the latest zero and low benefit-in-kind rates for EVs were unveiled in 2019, but is now becoming increasingly … [Read more...]
Battery plant is a non-starter for Wales
Wales has lost another massive automotive investment. The £2.6 Billion Britishvolt gigaplant which held the promise of 5,000 construction jobs and 3,000 permanent posts will not now be built at St Athan and the company says it will go to a 230 acres site in Blythe, Northumberland. The decision follows a few months of talks with Welsh Government during … [Read more...]
- « Previous Page
- 1
- …
- 192
- 193
- 194
- 195
- 196
- …
- 271
- Next Page »
