Jaguar is preparing to launch the first of three new cars at the end of this year and stablemate Land Rover is said to be preparing to show a new electric Range Rover about the same time. Global Data.com has reported production numbers might be low for the Jaguar to maintain exclusivity but the market might also consider them too expensive and future LR … [Read more...]
Crisis looms for automotive sector in Europe, says ACEA head
In a letter to EU leaders, the newly appointed European Automobile Manufacturers’ Association President, Ola Källenius, outlined automotive sector priorities to ensure future competitiveness and drive decarbonisation. A thriving European automotive industry is essential for driving economic growth and competitiveness. The industry faces … [Read more...]
Price & range remain barriers to EV choice
In today's car market, drivers have a lot of choice when it comes to engine types, each with its own pros and cons. But with fuel prices on the rise, electric and hybrid vehicles are becoming more popular than ever and a study by CarMats.co.uk shows over 1 in 6 (17%) of Brits will choose an electric car when they next upgrade because it’s cheaper to run. A … [Read more...]
Tradelines 24 July
In June 2024, EU car registrations increased by 4.3%, driven by gains in three out of the region’s four major markets: Italy (+15.1%), Germany (+6.1%), and Spain (+2.2%). In contrast, France saw a decline of 4.8% last month but the registrations of BEVs accounted for 14.4% of the EU car market, down from 15.1% the previous year while hybrid-electric … [Read more...]
EV prices are stabilising after steep fall
Falling electric vehicle values are stabilising once they reach price parity with their internal combustion engine equivalents, March’s meeting of the Vehicle Remarketing Association was told. Andy Shields, global business unit director, of Indicata, presented data for a variety of EVs that showed this trend, following on from the dramatic price falls seen … [Read more...]
Breaking the EV myth of franchise dealers
The idea that franchise dealers are required more for electric vehicle service, maintenance and repair than their internal combustion engine counterparts is a “myth”, shows new research from epyx. Statistics taken from its 1link Service Network platform, used to manage SMR for more than four million company vehicles largely operated by leasing … [Read more...]
Energy costs crippling UK automotive sector
British automotive manufacturers are calling for urgent action on spiralling costs as new analysis from the Society of Motor Manufacturers and Traders reveals firms face a £90 million uplift in energy bills this year – equivalent to more than 2,500 automotive jobs – as costs surge by 50%. UK electricity prices are the most expensive of any European … [Read more...]
British Motorsport Day Westminster presentation
Motorsport UK and the All-Party Parliamentary Group for Motorsport yesterday presented Our Eclectic Future at British Motorsport Day in the Palace of Westminster to showcase the vision of a world powered by a range of use-appropriate systems and fuels. Fossil-fuels will continue to power existing vehicles around the world for quite some time, and therefore … [Read more...]
Five ways to save fuel and electricity costs
A five point plan to control spending on petrol and diesel has been issued by FleetCheck as prices reach record levels in the wake of the Ukraine invasion. Peter Golding, managing director at the fleet software company, said that fleets should adopt some form of strategy because it appeared the conflict was unlikely to resolve quickly. “The terrible … [Read more...]
Motorists reconsidering ev options for new cars
The latest survey of 300 UK motorists by Venson Automotive Solutions revealed that the anticipated 54% rise in electricity and gas bills next month is impacting car buyers’ decisions on switching to electric vehicles. Although electrified vehicles accounted for more than a third of all new cars leaving dealerships in February, Venson’s survey showed that a … [Read more...]
