Fewer than one in five or 18% of motorists check official safety ratings such as Euro-NCAP when buying a new car, new findings show. June’s Startline Used Car Tracker shows that 73% expect all cars to meet high safety standards – although only 36% believe that legislation can be trusted to ensure that cars have effective safety features. Paul Burgess, CEO … [Read more...]
Newslines 18 June
Wales’ largest dealer groups, Days, saw its turnover rise but pre-tax profit fall last year. Companies House accounts for the year ended December 31, 2023, show the new and used cars business with 18,000 strong rental fleet, and one of the Car Dealer Top 100, reported an 11% increase in turnover from £257.774m to £285.195m but its profit before tax sank … [Read more...]
Chinese brands sweeping into dealerships
Xpeng is the Chinese electric vehicle manufacturer most likely to succeed in the UK market, named by 36% of dealers in new research. It is followed by Omoda (34%), BYD (31%), Lynk & Co (24%) and Nio (24%), according to June’s Startline Used Car Tracker. Other new entrants named by dealers include Jaecoo (19%), GWM ORA (17%), Zeekr (12%) and … [Read more...]
Tradelines 12 June
Residual values of used cars with manual transmission are in decline, with some models worth as much as 21% less than their automatic equivalents and fewer manual cars for sale in 2024 than ever before, reports Car Dealer magazine. Among the manufacturers that no longer offer any new models with manual transmission are Volvo, Mercedes, Jaguar and Lexus, all … [Read more...]
Hydrogen HiLux moves closer to realisation
A ground-breaking project to develop a hydrogen fuel cell Toyota Hilux pick-up has moved to its final phase, signalling another milestone in Toyota’s progress towards a zero carbon future. Since the unveiling of the first prototype vehicle in September 2023, Toyota and its consortium partners supported by UK Government funding have successfully progressed … [Read more...]
Welsh car workers get more pay and work less
Employees at Aston Martin St Athan have been given a pay boost and have working hours reduced. Aston Martin has completed a new long-term agreement with Unite, increasing pay for its valued employees whilst committing to reduce the contractual hours of manufacturing technicians in 2025 to promote a positive work-life balance. More than 2,500 eligible Aston … [Read more...]
New government must power up EV affordability
Half of motorists (50%) say the government should do more to make electric cars affordable, according to new research. June’s new Startline Used Car Tracker also finds that 35% believe action should be taken to make electric cars easier to buy, 34% that more money should go into making chargers more widely available, and 26% that power from chargers should … [Read more...]
Crucial role of North West to UK Automotive
Bosses from some of the UK’s biggest advanced automotive manufacturers and suppliers today came together for the Society of Motor Manufacturers and Traders Regional Forum, held in Liverpool for the first time. Hosted at Rum Warehouse, the event will explore how manufacturers can benefit from the shift to zero emission mobility and secure new business to … [Read more...]
Fleets launch Tax and Regulation Manifesto
A revised Tax and Regulation Manifesto has been launched by the Association of Fleet Professionals ahead of the General Election on 4 July. The first edition of the document was created in 2021 and revised early last year. This latest version has grown to 24 points from the original 13, something that underlines the growing number of issues that fleets are … [Read more...]
Fleets more willing to look at new brands
More than seven out of 10 fleets (71%) are open to adding manufacturers which are new to the UK to their choice lists, research shows. One in four (25%) of those surveyed say they are already offering these new market entrants to their drivers, while almost as many (23%) are considering doing the same. Also, a further 21% would be willing to operate … [Read more...]
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