Toyota and Lexus anticipate building over 3 million vehicles and Japan and more than 7 million in offshore plants in 2024. The rise has been forecast as component supplies ease and hybrid sales are rising. Hyundai Motor UK has appointed smart home charging business Ohme as its official home charging partner. Ohme's dynamic smart chargers can connect … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached … [Read more...]
Sell evs or pay penalties, makers and dealers told
Expect a big drive by dealers and manufacturers to sell electric models from today or face £15,000 fines for each model above statutory limits laid down by the Government. The rules mandating the minimum number of new pure electric cars and vans that have to be sold in the UK have come into force. From today, (Jan 3) at least 22% of new cars sold by … [Read more...]
BEV charge is running down
The UK new car market grew by 9.5% in November to reach 156,525 units, according to the latest figures from the Society of Motor Manufacturers and Traders, but there's a slowdown in EV interest among private buyers. In the market’s best November for four years, registrations almost returned to pre-pandemic levels, down just 96 units (-0.1%) on … [Read more...]
Weekend roadtest: Audi TT Roadster 40 TFSI
The Audi TT has reached the end of the road and what a journey it’s been. I was lucky enough to attend the UK launch of the TT Coupe in Leeds in 1999 (see below), a year after it went into production and on sale in Germany and now, a quarter of a century on, production has ceased. In that time there have been only three generations of the car but it … [Read more...]
Silver anniversary marks end of the road
The Audi TT – one of the most evocative and transformative models ever to have borne the four rings – celebrates its 25th anniversary in 2023, the year in which production of the Coupé and Roadster models will also draw to a close. To mark this very significant occasion, Audi UK journeyed to the Isle of Man, whose legendary annual TT race lent the design … [Read more...]
EV deadline move will bolster buyers ICEs
More than four out of 10 dealers think used car buyers will stick with petrol and diesel cars for longer following the government’s decision to delay the new car electrifcation deadline to 2035. Startline’s November Used Car Tracker also shows that 29% believe the move will mean the used electric vehicle (EV) market will take longer to develop while 19% … [Read more...]
Newslines 27 November
Genesis will continue to sell a full range of models through its own-brand dealer network despite an operational merger with parent company Hyundai beginning in January. Genesis Motor UK will no longer exist as a standalone company from January 2024, as first reported by Car Dealer magazine, its operations being rolled fully into … [Read more...]
Ex-fleet sales will dramatically boost ev take up
If leasing companies electrify their fleets earlier, 18 million more households in the EU will have access to cheaper EVs and save on their car spending. At current rates of electrification, 33 million households in the EU will have access to second hand electric cars from today until 2035. But if the leasing sector accelerates its uptake of EVs, this … [Read more...]
Tradelines 22 November
The rate at which used car prices are dropping has taken the market by surprise, admits a motoring industry expert. Phil Nothard, insight director at Cox Automotive – the owners of Manheim Auctions – told the Car Dealer Podcast that significant price falls in the used car market have caused ‘waves across the sector’ and explained that the market had ‘slowed … [Read more...]
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