Private buyers are turning their backs on new pure electric cars but hybrids are selling well and there's industry concern that the Labour Government's "green" targets will be missed and manufacturers will pay big penalties. July signals a twenty-fourth month of consecutive growth for the new car market, reaching an impressive milestone of two full years … [Read more...]
Tradelines 26 June
Van maker Stellantis is considering its options at Ellesmere Port and Luton, it has told an SMMT automotive conference. It's is very concerned about UK Government zero emissions plan and increasing tighter limits on percentages of evs made. Oil and gas companies, carmakers and textile manufacturers make up the biggest recipients of European green funds … [Read more...]
Women more likely to give up a car, says Carwow
Over one in ten (11%) Brits have sold their car due to financial necessity, according to Carwow, the online car-changing marketplace. Of these, 58% were female, and 42% were men, suggesting that women are more likely to give up their car due to financial pressures. Selling a car because of financial pressures is more common among those aged between 40 and … [Read more...]
Tradelines 12 June
Residual values of used cars with manual transmission are in decline, with some models worth as much as 21% less than their automatic equivalents and fewer manual cars for sale in 2024 than ever before, reports Car Dealer magazine. Among the manufacturers that no longer offer any new models with manual transmission are Volvo, Mercedes, Jaguar and Lexus, all … [Read more...]
Kia line-up offers something for every taste
It is no surprise to me that Kia is doing well in the U.K. market; to start with the firm offers a very wide range of models that currently encompass petrol power, hybrid propulsion and fully electric vehicles. Added to this wide range of buyer choice there is Kia’s market-leading seven year warranty, a proven record for reliability in service, also the … [Read more...]
New government must power up EV affordability
Half of motorists (50%) say the government should do more to make electric cars affordable, according to new research. June’s new Startline Used Car Tracker also finds that 35% believe action should be taken to make electric cars easier to buy, 34% that more money should go into making chargers more widely available, and 26% that power from chargers should … [Read more...]
Businesses buying rise in UK car sales
The UK new car market marked its 22nd consecutive month of growth as registrations rose 1.7% in May, according to the latest figures from the Society of Motor Manufacturers and Traders. With 147,678 units reaching the road, it was the best May market performance since 2021, although it remains down some -19.6% on 2019. Fleets and businesses continued to … [Read more...]
EV revolution literally gathers pace
It's green for go. The green flash on UK number plates is going to appear on more pure battery vehicles cars this year than ever before and some of the cars behind the plates are not run of the mill models but bursting with performance. potential. British motorists can enjoy more battery electric vehicle choice today than ever before, with 29.3% of models … [Read more...]
Fleets launch Tax and Regulation Manifesto
A revised Tax and Regulation Manifesto has been launched by the Association of Fleet Professionals ahead of the General Election on 4 July. The first edition of the document was created in 2021 and revised early last year. This latest version has grown to 24 points from the original 13, something that underlines the growing number of issues that fleets are … [Read more...]
Hot EVs shock for fleet costs
A new generation of “rapid” electric vehicles is creating potential business risk management and cost issues, warns FleetCheck. Peter Golding, managing director, pointed to emerging hot hatch EVs such as the 642bhp Hyundai Ioniq 5N (above) and 435ps MG4 XPower (below), both of which cover 0-60mph in around 3.5 seconds. “Just a few years ago, performance of … [Read more...]
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