Navigating personal leasing can be overwhelming, especially with many online quotations and deals available. To ensure you get the best deal, it's essential to understand the basics of leasing and tailoring the various elements to fit your needs. With over 30 years of experience helping leasing customers source the right new cars in the UK, LeasePlan UK’s vehicle and leasing experts have … [Read more...]
Jaguar lead decline in EV values, says Auto Trader
Some premium pure electric cars have slumped in value, according to Auto Trader. The Jaguar I-Pace crashed by 15.6 per cent year on year (YoY) and dropped by 4.1 per cent between December 2022 and January 2023. The average asking price of the Austrian-made Jaguar was £48,613 last month. Other premium second-hand EVs also slipped further in January, including the Tesla Model S (down six per cent … [Read more...]
EU Automotive trails rest of the world, warns boss
Ahead of the unveiling of the Green Deal Industry Plan, Luca de Meo, President of the European Automobile Manufacturers’ Association and Renault Group CEO, is urged EU leaders to put in place an ambitious and structured automotive industrial policy, to rival those of other world regions. Concerned about the EU industry’s eroding competitiveness on the global stage, Mr de Meo (above) made this … [Read more...]
Weekend roadtest: Genesis GV60 Sport Plus
To some observers it’s a Bentley, to others an Aston Martin, and some will simply ask what is it as they have never seen a Genesis on the road. Those questions are testament to the design and rarity of the Genesis GV60 pure battery SUV and they are all good points about this premium sector model from the Hyundai Motor Group. Not only does it look very up market, exclusive and sophisticated, but … [Read more...]
EV car sales expected to soar in 2023
Motoring experts at DriveElectric predict a significant rise in EV sales in 2023, after supply issues hindered EV sales growth in 2022. The figure is based on DriveElectric’s own forecasts and is a significant increase from the 267,203 battery electric vehicles registered in the UK in 2022. Mike Potter, CEO at DriveElectric said, “We have seen preference for electric vehicles continue to … [Read more...]
Funky Cat will make feathers fly
The feathers are about to fly in Britain’s all-electric car market after the entry of a new Chinese brand this spring. The GWM ORA Funky Cat First Edition is being imported from £31,995 by a part of the IM Group, which is already well known through its Subaru and Isuzu distribution and its supply of assured parts for the Mitsubishi marque, which pulled out of direct UK sales three years … [Read more...]
UK Automotive crashes to 66 year low
UK car production last year fell to its lowest level since 1956, according to annual statistics from the Society of Motor Manufacturers and Traders. It said a total of 775,014 cars were built in 2022 – a 9.8 per cent slump on the 859,575 made during the previous year, when the recession and pandemic were still gripping businesses. The industry blamed the global shortage of semiconductors and … [Read more...]
Toyota Gazoo Racing looks ahead
Toyota Gazoo Racing’s presentations at this year’s Tokyo Auto Salon and the concurrent Tokyo Outdoor Show looked to a future where “no car lovers are left behind”. They showed new concept models, customised vehicles, new engineering ideas and a wider selection of heritage parts to help enthusiasts maintain their classic cars. AE86 Corolla hydrogen and battery electric concepts Toyota is … [Read more...]
Little vans in short supply
Throughout 2022 franchised dealers have reported strong demand for light commercial vehicles under 3.5 tonnes, but the continued restrictions to component supply have frustrated manufacturers in their ability to produce sufficient new vehicles to match orders, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. In 2022, total LCV registrations fell by … [Read more...]
The shock of ev prices falling after Tesla cut
Over priced electric cars are seeing values collapse. Electric car drivers need to protect themselves from volatility in the used car market, following Tesla’s dramatic decision last week to slash the prices of its two best selling cars, the Model 3 and Model Y, by up to £8,000. Steve Tigar, CEO and Founder of loveelectric, said cuts on this scale could undermine the value of secondhand cars, … [Read more...]
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