The Welsh Automotive sector is concerned about the continuing effects and fall-out of the current trade tariffs implementation. In the latest newsletter of the Welsh Automotive Forum it discusses how the local industry is shaping responses to US Tariffs. Member companies rcently engaged in a roundtable discussions on the impact of US tariffs on the Welsh … [Read more...]
EV dumping is undermining residual values
Manufacturers and dealers are dumping new EVs into the UK market and its hitting residual values of existing electric cars, according to trade sources. Growth in electric vehicle pre-registration activity is presenting challenges for the used car sector, says the Vehicle Remarketing Association. Data provided to the VRA by AutoTrader shows that because … [Read more...]
KIA is king of brands in dealers’ eyes
The Winter 2025 survey of car dealers put KIA as the best brand to have. The poll garnered responses from an impressive 2,204 sites across 31 franchised networks, equating to a response rate of 61.3 percent. Jaguar are not in this edition of the survey as it has effectively suspended operations for 12 months, but will return in the next. The highest … [Read more...]
Newslines 11 April
More than 100,000 drivers in Wales have been caught over the 20mph speed limit since it was introduced in September 2023, according to new data. The latest data from GoSafe revealed 7,958 offences recorded in north Wales and 7,326 in mid and south Wales in August, while last month 4,950 offences were recorded in north Wales and 4,128 in mid and south Wales … [Read more...]
Brakes applied to green targets in Britain
Britain’s drive towards zero emissions is slowing down. Today, the Government announced a relaxation of electric vehicle sales targets to help the car industry in the face of trade tariffs from the US and a slow take up for pure electric cars with manufacturer incentives costing them millions of pounds. It is what the motor industry and component suppliers … [Read more...]
Manufacturers push up March registrations
The new car market benefitted from a 12.4% boost in March as uptake rose to 357,103 units, according to the latest figures from the Society of Motor Manufacturers and Traders. This growth, in the most important month of the year for the new car market, builds on the March 2024 performance, where uptake rose by 10.4%. As a result, this year’s ‘new plate’ … [Read more...]
Europe slows down on drive to zero emissions
The EU has applied brakes to its proposed emissions tightening in the face of lobbying by car makers. But the decision has been criticised by environmental group T&E who say "green-car" sales were improving and moving towards the production limits dictated by the lawmakers. The delay to EU car climate rules mark the final concession to European … [Read more...]
Brands’ boycott looming after tariffs take hold
A majority of Brits say they will boycott brands from a country imposing tariffs on UK models. Almost six out of 10 people (59%) say they are less likely to buy a car from a country imposing tariffs on UK-made models. While the UK imports comparatively low numbers of US made models, there could be reaction to brands with US links, such as Tesla (shown … [Read more...]
Statement gives some motorists relief
Motorists can get some relief from today's Spring Statement by the Chancellor. John Cassidy, Director of Sales at Close Brothers Motor Finance said, “The Chancellor reconfirming her pledge to extend the freeze of fuel duty, as well as the temporary five pence cut, until March 2026, will offer a glimmer of relief to motorists concerned about the soaring cost … [Read more...]
Tradelines 12 March
Renault is progressing joint ventures with China's Geely car business after apparently easing its association with Nissan, of Japan. The new partnership is commencing production of models in Brazil but its unclear if any versions will be exported. A survey of over 3,600 Decathlon shoppers found that EV drivers were more likely to do cardio-intensive sports … [Read more...]
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