A new study conducted by electric leasing company Gridserve has revealed the most sought after electric vehicles in the United Kingdom, as well as the electric vehicles most likely to soar in popularity over the next year. Using Google Search data spanning over a year, GRIDSERVE analysed average monthly search data for over 300 electric vehicle models in the 20 most populous cities in the UK, … [Read more...]
Motorists returning to dealerships away from online
The cost of living crisis is driving car buyers away from online purchases and into dealerships – with many expecting to bag a better deal by meeting the retailer in person, new research shows. April’s Startline Used Car Tracker reports that 55% of people have become less likely to buy a car online because of pressure on personal finances with 31% preferring to view the vehicle in person and 17% … [Read more...]
Ferrari still strongest car brand by reputation
Tesla accelerated to the front of the pack, taking pole position as the world’s most valuable automotive brand, with its value surging by 44% to USD66.2 billion, according to a new report from leading brand valuation consultancy, Brand Finance, but Ferrari remains the strongest brand. This makes it the world’s most valuable Automobiles brand for the first time, and the first time that a … [Read more...]
Weekend roadtest: GWM Funky Cat 1st Edition
The UK’s electric car revolution is becoming a bloody affair. From initially resisting the new technology on cost grounds including writing off established investments in petrol and diesel engine technology and having to develop hybrid or pure electric powertrains, along with making tens of thousands of workers redundant, manufacturers have struggled to convince buyers into showrooms or on-line … [Read more...]
Newslines 7 April
Car manufacturers next year must sell 22% of their EVs or face fines of up to £15,000 per car they miss their target by. Ministers have announced proposed new targets as part of a major green agenda which details tough goals and punitive measures for car makers while a credits based system will allow manufacturers to trade EV tokens between each other if they think they are going to miss their … [Read more...]
Call for urgent open-sourcing of vehicle data
Pressure is mounting to compel vehicle makers to put technical data into an open source. A unique and broad alliance of consumer groups, automotive suppliers, leasing and rental industries, aftermarket operators, vehicle dealers, authorised and independent workshops, data publishers, and insurers have joined forces to call on Commissioner Thierry Breton to urgently bring forward long-planned … [Read more...]
Welsh trials power new drive
AFTER trials in North and Mid Wales a new “energy map” to quickly identify the best places to install public chargepoints for electric vehicles (EVs) has been developed as part of an innovative project led by SP Energy Networks. The project also investigated how increased charging demand can be effectively accommodated by the local electricity network. The Charge Project – funded by the … [Read more...]
KIA is king say dealers but PSA are pitiful
Kia is the highest rated marque by dealers in their annual showroom and business survey while PSA Group companies were among the lowest. The all-important question ‘how would you rate your manufacturer overall on a scale of 1 to 10?’ returned an average of 6.5, on par with six months ago. Kia (9.3), Lexus (9.2), and Mini (8.8) were the top performers whilst Vauxhall (3.7), Jaguar (3.7), and … [Read more...]
Mercedes-Benz Agency launches amid court claim
Mercedes-Benz UK has lauched its new Agency scheme for selling cars with a reduced role for traditional dealers. It says the programmes creates a new way to purchase a new car, providing customers with a contemporary and luxury buying experience. In the week before it introduced its Agency scheme, the car maker was in the High Court where preliminary hearings were outlining an estimated 300,000 … [Read more...]
Falling value of new cars put off younger buyers
The depreciation value of 2022's most popular cars has been revealed According to a new report by Go.Compare Car Insurance, a high depreciation value would stop 70% of drivers from buying a particular make or model of car. Most young drivers have future finances in mind, with 73% of those aged 18 to 24 being put off a car if it depreciates quickly. Even loyal lovers of the latest … [Read more...]