Mistrust of valuation forecasts, more vehicle recalls and the challenge of closing an 'EV servicing gap' will define Britain's struggling automotive market in 2025. That's the view of data experts ADS, who identify three major areas where profit and efficiency are under mounting threat in the year ahead. All three are a direct result of forcing the … [Read more...]
EV price war on horizon
A price war is looming in the ev sector which will benefit buyers but hit dealers and fleets, an analyst said this week. This week, as Tesla cut prices again and the number of cheaper Chinese-made models are coming into Britain, the European motor industry and trade is seriously worried about how they will make money as spending tightens. Early this year, … [Read more...]
Newslines 7 November
Polestar strengthens its commitment to reduce its carbon footprint through two strategic partnerships in the UK with Ohme as home charging partner and green energy provider, Octopus Energy. The three-way partnership will offer Polestar customers in the UK both cheaper charging at home and on the road together with the option to reduce carbon footprint … [Read more...]
Used ev sales stabilize on demand and availability
Falling prices have fueled greater interest and resale of used electric cars, according to a new survey. Latest data from Auto Trader’s Retail Price Index show the recovery in used electric vehicle values has continued to gather pace in October due to the combination of increasing consumer demand for greener vehicles fuelled by attractive prices and a … [Read more...]
New electric cars will be more affordable to run
Electric cars are revealed to be the most affordable cars for 2023 says the on-line Manual Directory. The popular manual website analysed fuel, car tax and emission zone charges of over 80 cars launching in 2023 to discover the most affordable cars to run. Although electricity prices have risen, the savings on car tax and emission zone charges support … [Read more...]
Welsh engineering company closes after 75 years
Allevard Springs will close its South Wales car components plant. About 60 jobs will go. The company moved to Tonypandy as part of the UK Government’s encouragement to boost jobs in South Wales following WW2 and it started production in 1947 for Land Rover. Work expanded and it was a significant supplier to car and light commercial vehicles over the next … [Read more...]
