Jaguar Land Rover lost £9m in the last three months of 2021 amid the computer chip shortage. Global sales fall 37.6% compared to a year earlier with just 80,126 vehicles delivered in the quarter to the end of December but despite that fall in production the company saw revenue of £4.7bn, up 22% on the previous quarter. UK car production … [Read more...]
Car sales shifting towards cross-overs
Despite ongoing availability issues at dealerships, European consumers last year continued to shift from traditional vehicles such as hatchbacks, sedans and MPVs, to SUVs. These vehicles have continued to perform well thanks to the arrival of new electrified models. Last year, registrations of SUVs totaled 5.34 million units, up by 11% when compared to … [Read more...]
Bentley will go all electric beginning in three years time
Bentley is going electric. A new family of luxury bespoke cars will be assembled in its Crewe factory from 2025 as part of a £2.5 Billion investment in sustainability over the next decade. The first BEV is scheduled to roll off the production line in 2025 and will mark a significant moment in Bentley’s long and illustrious history. It is also a critical … [Read more...]
The changing face of car sales and part exchanges
More manufacturers selling direct to the public is going to change the dealership model in future. The effects of the growth of franchise dealer agency models on the remarketing sector are not yet understood but could be far-reaching, according to the Vehicle Remarketing Association. Last year, Genesis launched as a manufacturer only on-line sales platform … [Read more...]
Welsh electric vehicle registrations accelerate 76% in a year
Wales is switching on to electric cars in a big way. Ultra low emission vehicles registrations across Wales shot up nearly 76% between July-September compared to the same time a year before. The Department for Transport’s figures show that at the end of September, 12,900 vehicles belonged to Welsh residents, up from 7,330 on July-September 2020. The … [Read more...]
Fleets fear petrol & diesel value collapse
Fears over the future residual values of internal combustion engine cars and vans are increasingly helping to drive fleet adoption of electric vehicles, FleetCheck is reporting. Andy Kirby, customer success director, said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to … [Read more...]
EV handover now more important than ever
A thorough handover process is vital for the growing number of electric vehicles now reaching buyers, says Birmingham based national vehicle movement and inspection firm DMN Logistics. The continuing surge in electric vehicle (EV) demand, which has seen sales of new battery electric vehicles reach over a third of the market, is making the car handover an … [Read more...]
Mid-sized vans face new EU examination for operators
New regulations that bring smaller light commercial vehicles travelling to the EU under the requirement to have an International Operator’s Licence will place key demands on fleets in the future, says FleetCheck. The fleet software company reports that, from 2 May, all organisations running LCVs of between 2.5-3.5 tonnes will need to obtain the … [Read more...]
Tesla is world’s most researched car brand
Global car exports are worth billions in the automotive industry, with manufactures around the world providing their cars to countries far and wide. To reveal which countries are home to the most popular car brands, Confused.com analysed Google searches from across the globe and it was Tesla that came out on top as the most searched for car … [Read more...]
Welsh engineering company closes after 75 years
Allevard Springs will close its South Wales car components plant. About 60 jobs will go. The company moved to Tonypandy as part of the UK Government’s encouragement to boost jobs in South Wales following WW2 and it started production in 1947 for Land Rover. Work expanded and it was a significant supplier to car and light commercial vehicles over the next … [Read more...]
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