UK new car registrations fell 9.0% to reach 112,162 units in July, according to the Society of Motor Manufacturers and Traders. The result marks the fifth month of consecutive decline, although the fall is the smallest recorded this year. Ongoing global supply chain issues, predominantly the lack of semiconductors, continued to frustrate order … [Read more...]
Brits falling out of love with evs
Brits’ appetite for electric vehicles appears to be declining with fewer people saying they expect to own an EV in the next decade, according to a recent CarGurus study. Despite petrol prices reaching record highs and the sale of new petrol and diesel cars banned from 2030, UK motorists’ appetite for EVs has decreased when comparing interest in 2021 … [Read more...]
Newslines 12 July
The Honda Civic was launched 50 years ago today. It has sold 27.5m around the world and the 11thgeneration order books have opened today from £29,595 and deliveries commence in September. Ferry and motoring trips to Europe are expected to escalate this summer as airports and airlines slash flights. The cost of flying and queues with the possibility of … [Read more...]
EV interest growing, but there’s range anxiety
A quarter (26%) of car hirers would like to hire an electric car to test one out, and a fifth (20%) would like to ‘do their bit’ for the environment (17% men and 23% women). However the survey carried out by Opinium, on behalf of iCarhireinsurance.com, a leading provider of stand-alone car hire excess insurance, did find some barriers to hiring an … [Read more...]
EV anxieties overblown and benefits overlooked – NFU
Research by electric vehicle insurer NFU Mutual suggests that concerns about electric vehicle range and charging are overblown when compared to the reality of owning an EV, and that non-EV owners are overlooking some key benefits of the technology. NFU Mutual, which offers insurance tailored to plug-in and hybrid EV owners, recently conducted a UK-wide … [Read more...]
New car sales slowing quicker than expected
The brakes have gone on hard for sales in Britain's car showrooms. UK new car registrations fell -24.3% in June, according to the latest figures released today by the Society of Motor Manufacturers and Traders with 140,958 new vehicles registered, the weakest June performance in 26 years. Volkswagen emerged top last month with 8.27% of share, Vauxhall … [Read more...]
Wales lagging in ev sales and bucks the UK trend
New UK electric car sales data shows the government’s ambitions for the electric vehicle transition doesn’t go far enough and Wales lags behind other parts of Britain. For the second month in a row, EVs were the only fuel type to grow the number of new cars registered and the share of the market. EVs now represent 1 in 6 of all new vehicle … [Read more...]
Energy costs crippling UK automotive sector
British automotive manufacturers are calling for urgent action on spiralling costs as new analysis from the Society of Motor Manufacturers and Traders reveals firms face a £90 million uplift in energy bills this year – equivalent to more than 2,500 automotive jobs – as costs surge by 50%. UK electricity prices are the most expensive of any European … [Read more...]
End of the road for traditional petrol and diesel cars
It’s game over for the internal combustion engine as we've known it in Europe, green group Transport & Environment (T&E) has said, after EU governments agreed to end sales of polluting cars and vans by 2035. The deal reached by Environment Ministers this morning makes the switch to zero-emissions vehicles a foregone conclusion after the European … [Read more...]
Global vehicle production edges up
Light vehicle production is growing after the pandemics and supply shortages, say analysts with S&P Global Mobility. Production revisions continue to reflect the dynamic environment impacting the auto industry. In the months following the start of Russia/Ukraine conflict, S&P Global Mobility has done some “fine tuning” with this month’s forecast … [Read more...]
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