The British automotive industry has welcomed the expected change in plans for the Government's zero emissions mandate. Mike Hawes, SMMT Chief Executive, said, “The automotive industry welcomes government’s review of both the end of sale date for cars powered solely by petrol or diesel, and possible changes to the flexibilities around the Zero Emission … [Read more...]
Polo has earned a mint for Volkswagen over 50 years
The Volkswagen Polo is 50 this year. With more than 20 million vehicles sold in six generations, the Polo has established itself as one of the most successful models in its class. When the VW Beetle was due to be replaced in the 1970s, Volkswagen had several models up its sleeve: the Passat came on to the market in 1973, followed a year later by the Golf, … [Read more...]
Slowing EV sales give dealers & makers a shock
Britain’s petrol, electric car and van markets have stalled with dealers reporting contracting business in the last quarter. The very slight increase in total registrations for the whole of 2024 came about with fleets being given big discounts by manufacturers very anxious to move the metal and push EV sales or face huge penalties from the UK … [Read more...]
Nissan not optimistic for 2025 and beyond
Nissan has posted a dismal prediction for its global business into next year. Nissan Motor’s financial performance deteriorated significantly in the second quarter of the current fiscal year, between July and September 2024, with global revenues falling by 5% year-on-year to JPY2,986bn while its operating margin dropped below 0.2%. The company incurred a … [Read more...]
Weekend roadtest: Kia EV3 GT-Line First Drive
Kia has something to celebrate this Christmas as it continues to carve out a big slice of Britain’s BEV sales, a decade after launching into it with the Soul EV. At the time 10 years ago, Frozen was trending at the box-office, Pharrell Williams’ ‘Happy’ rang out across radios worldwide, and social media was awash with ALS ‘Ice Bucket Challenge’ … [Read more...]
Registrations fall to avoid EV penalties
Deliveries of new cars fell by -1.9% in the UK during November with 153,610 joining the road, according to the Society of Motor Manufacturers and Traders. It is the second consecutive monthly decline, and the third decline in four months, as the market contracts amid the race to meet tough EV market share targets. Demand from private buyers, among whom … [Read more...]
Resellers told to expect a big market change
It seems 2024 will be the year of 'peak petrol' when it comes to how UK cars are powered, more than 160 delegates heard at the annual seminar of the Vehicle Remarketing Association. Louis Maxwell, senior insight manager at Auto Trader, told the audience at The Slate, Warwick University, that growth in sales of electric vehicles (EVs) meant that volumes of … [Read more...]
£300M Ecclestone F1 collection being sold
Former F1 supremo Bernie Ecclestone will sell his extraordinary collection of historic Grand Prix and Formula 1 cars amassed over 50 years. Ecclestone, 94, was for decades the commercial rights holder of Formula 1, and was therefore the man who made it the global sporting powerhouse that it is today and has engaged Tom Hartley Jnr Ltd.. It is fair to say … [Read more...]
Tavares quites Stellantis in shock move
The automotive industry has been rocked by the sudden resignation of Stellantis boss Carlos Tavares after ‘different views’ emerged between him and the board. The car maker – which runs Fiat, Peugeot, Citroen, Vauxhall, Jeep, Alfa Romeo, Chrysler and DS – said Tavares had stepped down with immediate effect on Sunday and an interim boss will head the massive … [Read more...]
Luton shut-down raises more fears
Last week's announcement that the Luton van plant will close in April with the loss of about 1,200 assembly jobs and thousands more in the supply chain has starkly brought home the issues facing the automotive sector and the components supply industry is struggling to survive as well. Ford plans to cut 800 UK jobs among 4,000 going in Europe and Nissan has … [Read more...]
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