When buying a new car, it’s always worth thinking about the potential resale value and how much it will depreciate over time. Some cars can prove to be very worthy investments, with their value increasing over time, while others may drop quickly in value as soon as they leave the forecourt. Elements such as age, condition, mileage and number of owners are … [Read more...]
UK Auto surges over a million models made
UK vehicle production hit 1,025,474 units in 2023, according to the Society of Motor Manufacturers and Traders. With 905,117 cars and 120,357 commercial vehicles (CVs) produced, output was up 17.0% on the previous year with the easing of pandemic-related challenges from chip shortages to lockdowns and increasing electrified model production, combined to … [Read more...]
EV production lines will slow, say manufacturers
Europe's producers now anticipate making 500,000 fewer electric vehicles than expected two years ago. In the face of ongoing economic and industrial uncertainty, the automotive supply industry braces for a year of moderate growth although the electric vehicle segment continues to take a larger share however, according to CLEP Nevertheless, overall … [Read more...]
Call for incentives for retail buyers to switch to EVs
There are currently no financial incentives for private car buyers to switch to an EV, says specialist leasing company DriveElectric. So, unless the government changes its policy on consumer purchase incentives or reduces taxes in the run-up to a general election, or there’s a new government with a more pro-EV policy, sales of new EVs are likely to … [Read more...]
Subaru Crosstrek now on sale
The Subaru Crosstrek has been released in the UK, replacing outgoing XV model. It has a 10 percent stiffer chassis for improved dynamic performance and ride quality, all-Wheel Drive system with X-MODE® and 220mm class-leading ground clearance. Inside there's an 11.6-inch multimedia touchscreen with wireless Android Auto & Apple CarPlay with eyesig … [Read more...]
Welsh dealers sweep up KIA retail awards
Welsh dealers with the Kia franchise cleaned up in the brand's retail awards for 2023. For the third consecutive year, Gravells Kia Bridgend was awarded the prestigious ‘Dealer of the Year’ title and Jonathan Gravell (below left) received the trophy from Paul Philpott, President and CEO of Kia UK Limited in the dealer convention in Liverpool. An … [Read more...]
Newslines 16 January
Toyota and Lexus anticipate building over 3 million vehicles and Japan and more than 7 million in offshore plants in 2024. The rise has been forecast as component supplies ease and hybrid sales are rising. Hyundai Motor UK has appointed smart home charging business Ohme as its official home charging partner. Ohme's dynamic smart chargers can connect … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached … [Read more...]
EV deadline move will bolster buyers ICEs
More than four out of 10 dealers think used car buyers will stick with petrol and diesel cars for longer following the government’s decision to delay the new car electrifcation deadline to 2035. Startline’s November Used Car Tracker also shows that 29% believe the move will mean the used electric vehicle (EV) market will take longer to develop while 19% … [Read more...]
Long road ahead for eHGVs
According to new research from Element Energy, Electric Heavy Goods Vehicles (eHGVs) are poised to become more economical than their diesel counterparts in the coming years. Coupled with recent data from e-mobility service provider ZapMap, which shows that there are now more than 920,000 fully electric cars on UK roads and a further 560,000 plug-in hybrids, … [Read more...]
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