There are indications the bubble is about to burst for electric car registrations and sales. Widespread pre-registration of electric cars is likely in the fourth quarter of 2025, a member meeting of the Vehicle Remarketing Association was told. This is because dealers and large fleets have been told car makers will be offering hefty discounts to them … [Read more...]
Resellers told to expect a big market change
It seems 2024 will be the year of 'peak petrol' when it comes to how UK cars are powered, more than 160 delegates heard at the annual seminar of the Vehicle Remarketing Association. Louis Maxwell, senior insight manager at Auto Trader, told the audience at The Slate, Warwick University, that growth in sales of electric vehicles (EVs) meant that volumes of … [Read more...]
