It is positive to see that, following the best first half-year performance since 2019, the used car market has continued to demonstrate robust growth in this quarter, despite challenging conditions, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. The used car market experienced growth of 4.3% between July and September, … [Read more...]
New car sales slide again but EVs grow
October saw another month of contraction in the new car market, a concerning trend following August's end to two years of continuous growth. This decline is particularly worrying, as it highlights the volatility of the market right now, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. UK new car buyers now have more than … [Read more...]
Dealerships in chaos after commission ruling
Car and van buyers have been blocked from collecting new models this week for 1 November as UK finance firms hold back monies due to dealers. It follows a Court of Appeal decision last week which outlawed undisclosed commission payments. Dealers were unable to allow collections or deliver cars as finance companies paused paying out on business already … [Read more...]
Newslines 28 October
Toyota Manufacturing is celebrating the five millionth car to be built at its Burnaston plant in Derbyshire since it opened in 1981. The milestone model is a Corolla GR Sport Hatchback hybrid, finished in blazing Scarlet Flare paintwork, and parked nose-to-tail, the UK-built Toyotas would form a line almost 14,000 miles long – more than half way around the … [Read more...]
Weekend roadtest: Omoda 5 SUV petrol
No-one can doubt the Chinese brand Omoda is very serious about coming to Britain and taking on the legend brands. We were impressed with a first drive of the pure electric Omoda E5 last May and now we’ve had a chance to get some initial impressions of the Omoda 5 petrol version of their new SUV. Yes, a petrol powered newcomer joins the range at a time when … [Read more...]
Newslines 11 October
Barry Island is seeing a proper tidy rise in customers as new trains and the return of some old favourites give the area a welcome boost. More than 100,000 people caught the train to the Island in July and August, a huge rise from 57,000 the previous year and some of that's put down to filming the final Christmas special of Gavin and Stacey comedy … [Read more...]
McLaren W1 is unveiled at £2Million
The £2 Million McLaren W1 has been unveiled. It has a V8 hybrid powertrain developing 1275PS – the highest power output of any McLaren ever and greater than all core competitors and revs to 9,200rpm. Power-dense E-module develops 347PS; integrates electric motor and control unit for reduced weight and optimised packaging to maximise performance and make … [Read more...]
Over-priced EVs see resale values fall most
A new study from GAP Insurance provider, ALA Insurance has crunched the data on new and used cars to reveal which hold their value better than others. Using new and used car data for 47 of the most popular and reliable vehicles on the market, the research confirms that the Audi Q4 e-tron has the highest annual depreciation rate of any other car. Introduced … [Read more...]
Going green as cheaply as possible
Used electric cars are offering a cheap way into a greener future. The Electric Car Scheme is revealing some of the UK’s most affordable EVs as new models, and a growing used market brings the price of electric cars down considerably. Affordability remains the biggest barrier to getting behind the wheel of an EV, with 68% of Brits identifying it as an area … [Read more...]
Newslines 7 October
Lexus has announced pricing for the RZ 300e, the new front-wheel drive version of its all-electric RZ luxury SUV from £49,995 to £61,095 for the nine trims. Joining the all-wheel drive RZ 450e in the range, the RZ 300e offers the same premium equipment specifications together with an extended driving range of up to 297 miles offering 18-inch wheels on … [Read more...]
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