As motorists grapple with rising costs we look at the pros and cons of acquiring a car in today's market-place and the possible best way for you. If you pay for your car with a loan, it means you own the car outright from the point of purchase and can be much more cost effective. With a car on finance, you don’t own the vehicle while you are making … [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 … [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 … [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 … [Read more...]
Newslines 27 January: Ford to make big job cuts
A massive jobs cull in Germany and other European countries is expected by the union representing Ford workers. Some positions are expected to be axed in the UK as well while the US car maker transitions towards a fully electric range from 2025, initially slashing over 3,200 jobs in Ford of Europe, and realigning with R&D in America. Bentley Motors … [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 … [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 … [Read more...]
Tradelines 25 January: Make or break year for EVs
It could be a make or break year for smaller ev makers, reports Reuters UK. Tesla's 20% price cut worldwide last week has led to surge in demand from its German factory supplying Europe but at the same time put pressure on main rivals to reduce prices while some ev startups may be unable to match them and risk losing investments and sales, or worst still, … [Read more...]
Ford Puma leads but Welsh car sales still low
New car sales in Wales last year rose just 1.09% to 57,557 registrations, said the SMMT. They were helped by a 15.33% increase in December to 4,026 compared to the same month in 2021. Ford dominated the market but MG was very close to them. Wales Top Ten 2022 Ford Puma 1955 Ford Kuga 1341 MG ZS. 1319 MG HS. 1292 Ford Fiesta 1235 Nissan … [Read more...]
Best Used Cars of 2022
Hatchbacks and city cars were the fastest selling used models of 2022, according to the latest ranking by AA Cars. The Ford Fiesta has retained its title of the most popular car overall for the eighth year in a row. The trend for smaller vehicles in this year’s fastest selling list reverses 2021’s ranking, in which eight of the top 10 quickest selling … [Read more...]
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