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...]
EVs overtake diesels in 2022 UK market
New car registrations continued to improve in December and the market in Britain reached 1.61M, but still the lowest in three decades. The UK new car market recorded its fifth consecutive month of growth in December, with an 18.3% increase to reach 128,462 new registrations, according to the latest figures from the Society of Motor Manufacturers and … [Read more...]
Britons love Chinese drive away evs
China is becoming a major exporter of electric cars to Europe and Britain. Exports of electric vehicles from China more than doubled in November, creating a monthly record, mostly fueled by European automakers who have set up factories in the country. Car manufacturers in China exported $3.2 billion worth of electric vehicles in November, up 165 percent … [Read more...]
Weathering perfect economic storm
Automotive suppliers’ business sentiment reached an all-time low in the CLEPA McKinsey September 2022 Pulse Check. About 70% of suppliers saw their profitability drop to levels that could already start undermining their ability to invest in R&D, the workforce and new business activities. Three consecutive years of crisis have eroded the financial … [Read more...]
Ford Fiesta is good second hand buy if you’re careful
After 47 years, Ford has announced it will stop manufacturing its iconic Fiesta model in June 2023 despite being Britain’s most-owned car and the most desirable for new drivers. That’s because the company is focused on its electric future and meeting the demand for its SUV models. The Fiesta is also a firm favourite among first-time drivers, thanks to its … [Read more...]
Newslines 28 November
Government plans that could see novice drivers being allowed to automatically drive lorries have been condemned by the UK’s leading independent road safety charity, IAM RoadSmart. A recent government consultation suggested that drivers who possess a category B car licence should be instantly entitled to a category C1 licence, which allows motorists to … [Read more...]
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