Jaguar is preparing to launch the first of three new cars at the end of this year and stablemate Land Rover is said to be preparing to show a new electric Range Rover about the same time. Global Data.com has reported production numbers might be low for the Jaguar to maintain exclusivity but the market might also consider them too expensive and future LR … [Read more...]
EV car tax costs about to rise
There are big changes and costs coming into effect from next Monday and some EV drivers will find themselves being taxed for the first time while others will see road tax double overnight. Richard Evans, webuyanycar's head of technical services said, “The tax changes indicate that the cost of electric motoring is set to rise. However, EV drivers are … [Read more...]
Government ZEV targets to be missed in two years
Analysts say carmakers will miss UK Government ZEV mandate targets by 346,000 units in three years unless ‘major consumer concerns’ are addressed. That is according to Cox Automotive in its latest Insight Quarterly report which backs up studies by Regit that found that several key blockers remain in place stunting mainstream EV adoption among UK car … [Read more...]
MG leads the BEV charge in Wales
As the charging network grows, Wales is taking to pure electric vehicles. Enthusiastic and helpful dealers are driving the move from internal combustion engines to pure electric cars. Incentives such as free or cut-price home charging boxes are being taken up and local councils throughout Wales are installing or permitting companies to fit more on-street … [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...]
Stellantis signal change of direction for fuel
Stellantis has backed off its rush to purely electric cars and vans. In a major u-turn for the company it this week announced that its entire range of cars and light-duty commercial vehicles is fully compatible with Hydrotreated Vegetable Oil (HVO) Diesel fuel, an eco-friendly alternative to traditional Diesel. HVO is a biofuel derived from … [Read more...]
Budget shock for PHEV & DC business drivers
Budget plans could prompt widespread rewriting of company car choice lists to tackle new issues around plug-in hybrids and double cab pick-ups, says the Association of Fleet Professionals. The industry body points out that moves made by the chancellor mean that the viability of both types of vehicles will now be placed under serious questioning by many … [Read more...]
Diesels surge as private motorists snub EVs
The UK new car market rose 1.0% in the key ‘74’ plate change month of September, to 275,239 units, according to the Society of Motor Manufacturers and Traders with private buyers turning to more diesels than pure electric models.. In what is traditionally a bumper month for new car registrations, second only to March, the performance was the best since … [Read more...]
Tradelines 14 August
The new car finance sector saw new business by value drop by 6% year on year to £1.545m, with the number of cars financed down 12% at 55,097 in June, according to the Finance and Leasing Association. The used car finance sector didn’t fare any better, with new business value down by 13% on June 2023 at £1.67m and the number of cars financed down 10% at … [Read more...]
Tradelines 24 July
In June 2024, EU car registrations increased by 4.3%, driven by gains in three out of the region’s four major markets: Italy (+15.1%), Germany (+6.1%), and Spain (+2.2%). In contrast, France saw a decline of 4.8% last month but the registrations of BEVs accounted for 14.4% of the EU car market, down from 15.1% the previous year while hybrid-electric … [Read more...]
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