Used electric cars and vans are expected to fall further in value in coming months, according one industry expert. The slippage might also see petrol and diesel models cut back by manufacturers to meet tightening ev sales targets by Government. Interference in the ICE market will have the effect of driving up values of existing models as a … [Read more...]
Struggle to decarbonise needs Government push
If the logistics sector is to effectively decarbonise in line with the government’s 2050 net zero deadline more support will be needed to enable operators to do so, according to a new report by business group Logistics UK. The organisation’s Electric Vehicle Report 2023 demonstrates that factors including a lack of fiscal support and an inadequate public … [Read more...]
EV fleet challenge to smaller businesses
According to recent findings by Alphabet GB, small and medium-sized fleets are facing difficulties in transitioning to electric vehicles. While companies have the desire to initiate the switch to electrified vehicles, 45% of fleet managers claimed that they lack the required knowledge and time to take the crucial initial steps. A majority of businesses … [Read more...]
EU car sales soar nearly 30%
The EU car market recorded a significant 28.8% increase in passenger car registrations in March, surpassing more than a million units (1,087,939). All the bloc’s largest markets saw double-digit growth last month, with Spain (66.1%) and Italy (40.7%) in the lead. In the first quarter of 2023, the EU car market saw a substantial increase in new car … [Read more...]
Government is failing drive towards EVs
More than seven out of 10 car dealers (71%) say that not enough is being done to support the UK motor industry’s transition to electric vehicle manufacturing. March’s Startline Used Car Tracker shows that 50% believe that the blame lies with the government and 7% with motor manufacturers. Paul Burgess, CEO at Startline Motor Finance, said, “Electrification … [Read more...]
E-fuels and the future of ICEs
e-Fuels could play a “limited role” for fleets in the future, says FleetCheck, especially in applications where electric vehicles might remain impractical. The fuels – designed to be carbon neutral – have hit the headlines over the last week after several EU countries asked them to be included in future car production legislation, circumventing a 2035 … [Read more...]
KIA is king say dealers but PSA are pitiful
Kia is the highest rated marque by dealers in their annual showroom and business survey while PSA Group companies were among the lowest. The all-important question ‘how would you rate your manufacturer overall on a scale of 1 to 10?’ returned an average of 6.5, on par with six months ago. Kia (9.3), Lexus (9.2), and Mini (8.8) were the top performers … [Read more...]
Britain risks running out of EV innovation – car makers
Britain’s ability to compete as an electric vehicle production leader is at risk unless government responds urgently to increasingly fierce international competition, the Society of Motor Manufacturers and Traders warns in a new blueprint. The call comes as other countries significantly power up political and economic backing for their own automotive … [Read more...]
New car sales shrug off winter chill
Improving supply components and completed cars has seen another rise in registrations in February, according to the Society of Motor Manufacturers and Traders. Sales in Wales rose the most in Britain with a 29.6% increase to 2,370 new cars. SMMT datum show 74,441 cars were registered last month – a 26.2 per cent rise on February 2022’s lower numbers but … [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...]
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