Six in 10 used car dealers believe at least one existing major European car maker will be driven out of business in the next 10 years. Likely causes reported in April’s Startline Used Car Tracker include the cost of investing in electrification, mentioned by 40% of dealers, and their inability to compete with low-cost vehicles from Chinese new entrants … [Read more...]
Tradelines 22 April
New data has revealed a substantial shift in the British automotive landscape, with Chinese electric vehicle manufacturers almost tripling their market share in just four years. Analysis of the latest registration data by car leasing and contract hire specialist LeaseCar shows that Chinese brands now account for around 8% of all licensed plug-in cars … [Read more...]
British loyalty to Chinese makers tested
Almost seven out of 10 motorists say they would be more likely to buy a car from a Chinese manufacturer with a UK factory, according to new research. April’s Startline Used Car Tracker shows 41% believe it would be a good sign if Chinese companies became part of the UK motor industry and 31% want to back companies that invest here. Also, 26% believe … [Read more...]
Fleets more willing to look at new brands
More than seven out of 10 fleets (71%) are open to adding manufacturers which are new to the UK to their choice lists, research shows. One in four (25%) of those surveyed say they are already offering these new market entrants to their drivers, while almost as many (23%) are considering doing the same. Also, a further 21% would be willing to operate … [Read more...]
Seeing is believing
Global research from behaviour experts SKIM Group has uncovered the scale to which some of the world’s most iconic automotive marques are struggling to keep up with the pace of the Electric Vehicle revolution in the eyes of car buyers. The global poll of in-market new car buyers assessed their perception of car makers' ability to survive the shift to … [Read more...]
EV car sales expected to soar in 2023
Motoring experts at DriveElectric predict a significant rise in EV sales in 2023, after supply issues hindered EV sales growth in 2022. The figure is based on DriveElectric’s own forecasts and is a significant increase from the 267,203 battery electric vehicles registered in the UK in 2022. Mike Potter, CEO at DriveElectric said, “We have seen … [Read more...]
Safety gradings revealed
The latest Euro NCAP safety results have been released today, including seven vehicles that went through rigorous impact protection and crash avoidance testing and a separate Assisted Driving Grading for the Mercedes-Benz EQE. The Mercedes-Benz EQE’s Assisted Driving or ‘L2’ system has been rated ‘very good’, achieving the best overall score in testing to … [Read more...]
