Manufacturer and dealer incentives meant the UK’s new car market grew for the second consecutive month in June, as registrations rose 6.7% to 191,316 units, according to the Society of Motor Manufacturers and Traders. It was the best June since 2019, helping lift first half performance 3.5% above the same period last year, although the market remains -17.9% … [Read more...]
Tradelines 4 June
Car dealers are having to battle increased levels of fraud and attempted fraud to go with a number of other challenges currently facing the motor trade. That is according to the latest Forecourt Foresight report from Close Brothers Motor Finance which found that one in five automotive retailers have fallen victim to fraud and a further 31% of dealers have … [Read more...]
BYD pass Tesla in Europe
China's BYD models have overtaken Tesla in Europe for the first time. Latest registration figures show BYD registered 7,231 BEVs in April, ahead of Tesla's 7,165 units. Europe and the UK has become increasingly concerned about the rapid surge by BYD which are making models with good specifications and undercutting the legend car brands which … [Read more...]
Tradelines and reactions to zero target changes
Adrian Fielden-Gray, COO of national EV charging network Be.EV blames the UK Government for the slow sales of electric vehicles. "This is yet another example of the Government failing to provide enough incentives for EV drivers because the focus is always on car manufacturers but is never about what we can do to make EVs more appealing to consumers," he … [Read more...]
Brakes applied to green targets in Britain
Britain’s drive towards zero emissions is slowing down. Today, the Government announced a relaxation of electric vehicle sales targets to help the car industry in the face of trade tariffs from the US and a slow take up for pure electric cars with manufacturer incentives costing them millions of pounds. It is what the motor industry and component suppliers … [Read more...]
EV sales are rising, but change is seen ahead
Last month, UK broke a new record for the number of EVs registered in a single month: 68,000, more than 20% higher than the previous record set in September 2024. Figures to be released this morning by the SMMT will show that completed a winning Q1 for EVs, which saw the UK register more BEV cars in three months than Norway did in the whole of 2024 and it … [Read more...]
Newslines 25 March
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...]
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