Discounts are starting to appear on new electric vehicles for really the first time since they entered the mass market, delegates were told at the Association of Fleet Professionals 2023 Conference. Recent price cutting by Tesla and the arrival of new manufacturers from China were both helping to create a more competitive environment, alongside a gradual ramping up of production volumes … [Read more...]
Car sales slowly rising again
The momentum in new vehicle sales has continued with strong growth across electric vehicles, hybrids and petrol vehicles and is expected to continue through the summer months, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. In May, a total of 145,204 new cars were registered, an increase of 16.7% from the same period last year, according to the Society of Motor … [Read more...]
EV values slide as fleets reshape businesses
Used electric cars and vans are expected to fall further in value in coming months, according one industry expert. The slippage might also see petrol and diesel models cut back by manufacturers to meet tightening ev sales targets by Government. Interference in the ICE market will have the effect of driving up values of existing models as a consequence. Used electric vehicle values could fall by … [Read more...]
Rare Lexus Ultimate Edition coming
In 2012, Lexus caused a sensation with the unveiling of its LF-LC concept at the Detroit motor show, its vision for a radical new flagship coupe. Four years later, the concept became reality with an almost unchanged design for the production-ready LC. Now that model’s award-winning history reaches its pinnacle with the new LC 500 Ultimate Edition. This special version of the LC 500 Coupe and … [Read more...]
Retailers driving job opportunities
A recruitment drive is underway in motor dealerships around Britain. The retail side of the automotive industry employs nearly 600,000 people and is one of the biggest and most varied sectors. There are automotive dealerships all over the UK and your local one might have the right opportunity for you to kick-start and develop your professional career. Drive My Career, powered by The National … [Read more...]
Tradelines 17 May
Chinese emerging car maker BYD grew production by an astonishing 211% last year to overtake Tesla and is well placed to begin European assembly, reports StockApps. com. As the car maker prepares to build over 2M EVs this year, StockApps financial analyst Edith Reads said, “BYD’s success is attributed to several factors, including China’s increasing focus on electric vehicles, the company’s … [Read more...]
Newslines 16 May
Here are the first views of the next generation MINI family, with Oliver Heilmer, Head of MINI Design. Each new MINI model gains its own strong individual character that is expressed in distinctive design features, while exuding individuality with a clear brand affiliation and sustainable materials are another essential part of the new design language. Another Chinese manufacturer will be … [Read more...]
Newcomers from AC and Aston Martin
The stunning new AC Cobra GT Roadster has made its global premiere in London, before confirmed buyers and customers as the legendary sports car makes its sensational return. Available in left or right hand drive with up to 663ps, the 5.0V8 two seater soft-top will be limited to 250 models annually after four years of development and it’ll cost about £285,000. Aston Martin will unveil its new … [Read more...]
Certified Recycled parts see booming demand
Motorists in the UK saved £99 million in 2022 by opting for used parts and accessories instead of brand-new replacements, according to research by eBay. The online marketplace revealed the impact of second-hand parts as it relaunched its Certified Recycled programme, which sells recycled vehicle parts from 81 certified sellers. Certified Recycled parts can be up to 70% cheaper compared to OEM … [Read more...]
Smart ♯1 charges into UK this summer
The pure electric Smart ♯1 compact SUV will come to Britain by the end of the summer beginning with just 100 Launch Edition high spec versions at £39,450. Initially available in three production variants – the £35,950 Pro+, Premium from £38,950 and BRABUS beginning at £43,450 – as well as a highly exclusive Launch Edition, the newcomers use 200 or 315 KW motors and 62kWh batteries with claimed … [Read more...]