More Britons are getting back into the driving seat following the pandemic, according to new annual Motorparc data from the Society of Motor Manufacturers and Traders. However, the provision of public ev charge points has slowed and has not kept up with increasing registrations of PHEVs and BEVs. The Moorparc data shows the number of cars in use on UK … [Read more...]
Government likely to miss its zero carbon goal
The Government threatens to miss its own zero carbon targets for transport, say car makers. It set out obejectives it wants to attain in a new consultation document last week but critics say it is late, lacks choice, does not address costs and is confusing for vehicle makers. Mike Hawes, SMMT Chief Executive said, “Automotive is on track to deliver zero … [Read more...]
Leasing companies accused of overcharging ev customers
Leasing deals for battery electric vehicles are being overpriced, new analysis by T&E of the used car market finds. In the UK, leasing offers for BEVs are on average 51% more expensive than their equivalent petrol model. Leasing an electric VW ID.3 costs approximately £605 a month, whilst the petrol Golf is offered at £376. In the UK, battery … [Read more...]
Fuel for thought as petrol-car sales rise
New figures showing a rise in the sale of petrol vehicles highlight the urgent need to address motoring emissions, according to a leading fuel tech company. Information from the Society of Motor Manufacturers and Traders last week showed sales of petrol vehicles rose 14.6% year-on-year, accounting for 44.7% of all new cars sold in January. By … [Read more...]
BEVs are weakest in used car market, say traders
Overall, the used car market is in a strong position heading towards the tail end of the year, said Paul Hill National Association of Motor Auctions spokesman. Whilst the lack of new car registrations in the past two and a half years has stemmed the supply of used cars for forecourts, values reaching record heights has balanced this out. "NAMA Members are … [Read more...]
Fleets see savings in EVs
Cost advantages and lower environmental impact head the list of reasons why UK businesses are electrifying their company cars, suggests research from the latest Arval Mobility Observatory Barometer. The factors mentioned by fleet and mobility decision makers in the research were topped by reduced fuel expenses (66% of those questioned – up from 54% in 2021) … [Read more...]
Newslines 8 August
The RAC wants the Government to do a u-turn on ending the plug -in car grant. The incentive was ended this spring to encourage motorists to choose pure evs but after a disastrous summer of new car sales RAC EV spokesperson Simon Williams said, “ With high fuel prices and the overall cost of living continuing to bite, drivers are increasingly looking to … [Read more...]
Car sales take another battering in May
New UK car registrations fell -20.6% to 124,394 units in the second weakest May since 1992, after the 2020 pandemic-hit market, as supply shortages continued to hamper new purchases and the fulfilment of existing orders, according to the latest figures from the Society of Motor Manufacturers and Traders. Registrations amounted to 124,394 last month after a … [Read more...]
EV and used car sales are soaring
The UK’s used car market increased 5.1% in the first quarter of 2022, according to the latest figures by the Society of Motor Manufacturers and Traders. Some 1,774,351 transactions took place, with 86,596 additional cars changing hands compared with the same period in 2021, when car showrooms nationwide were closed due to pandemic-related lockdowns with … [Read more...]
EV-eryone is planning for 2030
A tsunami of technology is sweeping over the automotive industry. It’s washing away the very foundations of many automotive companies and bringing together manufacturers and different technologies as a new order emerges. It’s also become time critical as governments around the world have largely said they want zero emission vehicles by 2030 to 2050. The … [Read more...]
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