Aston Martin expect to sell 10,000 cars, generate £2 billion in revenue and post £500m in pre-tax earnings by 2024/2025 and it anticipates that volumes will increase significantly from Q4 of 2022 helped by orders from the Welsh-made DBX707. The optimistic forecast comes after the three months to the end of September, showed Aston sold 1384 cars – up 3% on the same quarter last year – and … [Read more...]
Newslines 23 November
Interest in electric vehicles offered online surged by 500% last week as the government announced a ban on the sale of new petrol and diesel models from 2030, reports BuyaCar. With electric cars normally representing little more than 300 searches per day, after last week’s announcement that figure shoot up to 1,679 in the 24 hours following but electric cars still have a hill to climb in the face … [Read more...]
Tradelines 19 February
Hyundai Motor Group has announced its next generation ev platform for Hyundai and Kia cars will be developed by Los Angeles based Canoo. Their “skateboard” design is infinitely capable of working with various bodies and can be scaled to meet diverse needs. The National Association of Motor Auctions reports strong business at the end of 2019 and superminis were the most sought after. Louise … [Read more...]
Kia Motors unsurprising success in showrooms
Kia Motors (UK) Limited has once again topped the summer survey of dealer attitudes conducted by the NFDA – the brand came top in the 2017 survey. Asked how highly dealers rated their relationship with the manufacturer Kia scored 9.1 out of 10 to top this year’s summer survey, where the average score was 5.7 Paul Philpott, President and Chief Executive said, “I am immensely proud to see this … [Read more...]