Honda has updated the retail offer for the e:Ny1 electric vehicle. e:Ny1 can now be purchased from £349.00 per month, with 0% APR Representative and a £3,500 Honda Deposit Contribution and the offer is available from now until the 30 September 2024. Fleets should consider making it a disciplinary offence for drivers to override the new intelligent speed … [Read more...]
Measuring degradation and demand for used EVs
Battery health checks and their impact on the used electric vehicle market will be the main discussion at the July member meeting of the Vehicle Remarketing Association. Being held at Cox Automotive in Bruntingthorpe, Leicestershire on Thursday 25 July, it will include contributions from battery health experts Aviloo, Altellium and Clearwatt, as well as the … [Read more...]
Newslines 18 June
Wales’ largest dealer groups, Days, saw its turnover rise but pre-tax profit fall last year. Companies House accounts for the year ended December 31, 2023, show the new and used cars business with 18,000 strong rental fleet, and one of the Car Dealer Top 100, reported an 11% increase in turnover from £257.774m to £285.195m but its profit before tax sank … [Read more...]
EU car makers holding breath over China duties
Car makers are closely watching developments after the EC decided to impose provisional duties on imports of electric cars manufactured in China, based on initial findings of an anti-subsidy investigation initiated last year. ACEA has consistently affirmed that free and fair trade is essential in creating a globally competitive European automotive … [Read more...]
Chinese brands sweeping into dealerships
Xpeng is the Chinese electric vehicle manufacturer most likely to succeed in the UK market, named by 36% of dealers in new research. It is followed by Omoda (34%), BYD (31%), Lynk & Co (24%) and Nio (24%), according to June’s Startline Used Car Tracker. Other new entrants named by dealers include Jaecoo (19%), GWM ORA (17%), Zeekr (12%) and … [Read more...]
Tradelines 12 June
Residual values of used cars with manual transmission are in decline, with some models worth as much as 21% less than their automatic equivalents and fewer manual cars for sale in 2024 than ever before, reports Car Dealer magazine. Among the manufacturers that no longer offer any new models with manual transmission are Volvo, Mercedes, Jaguar and Lexus, all … [Read more...]
New vans shortage spurs second-hand sales
Four out of 10 fleets plan to start utilising second hand vans in the next three years, according to new figures. The research also shows that 16% of operators are already using preowned light commercial vehicles. The findings are taken from the 2024 Arval Mobility Observatory Fleet & Mobility Barometer, which questioned 8,605 businesses in 30 … [Read more...]
Kia line-up offers something for every taste
It is no surprise to me that Kia is doing well in the U.K. market; to start with the firm offers a very wide range of models that currently encompass petrol power, hybrid propulsion and fully electric vehicles. Added to this wide range of buyer choice there is Kia’s market-leading seven year warranty, a proven record for reliability in service, also the … [Read more...]
New government must power up EV affordability
Half of motorists (50%) say the government should do more to make electric cars affordable, according to new research. June’s new Startline Used Car Tracker also finds that 35% believe action should be taken to make electric cars easier to buy, 34% that more money should go into making chargers more widely available, and 26% that power from chargers should … [Read more...]
Newslines 7 June
INEOS Automotive has introduced a unique service called Arcane Works that creates limited editions of its award-winning Grenadier station wagon and then allows customers to further personalise the small-batch, hand-finished 4X4s with customised detailing and bespoke materials. Retaining the Grenadier’s best-in-class off-road capability with modern … [Read more...]
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