JLR has released new pictures of the first electric version of the Range Rover cold-weather testing in the Arctic Circle, ahead of its market launch expected later in 2025. A second successive season of winter testing has seen the prototype vehicles covering up to 45,000 miles of accumulated testing across frozen lakes and land tracks in sub-zero … [Read more...]
EV sales slowly rising in most but not all markets
The global market share of petrol and diesel has fallen by a fifth in two and half years, according to data from New AutoMotive’s latest Global Electric Vehicle Tracker. Sales of internal combustion engine vehicles have slumped from 78% to 63%, with the market showing no sign of this trend slowing. Meanwhile, in the same period, electric vehicles (EVs) have … [Read more...]
Call to review EV law in Britain & Europe
The National Franchised Dealers Association is urging the new Labour Government to meet with representatives of the automotive retail sector at the Labour Party Conference and do more to stimulate the market for electric vehicles. The NFDA’s is calling for action in three essential areas to support the industry’s growth and sustainability: 1. Stimulating … [Read more...]
Tradelines 14 August
The new car finance sector saw new business by value drop by 6% year on year to £1.545m, with the number of cars financed down 12% at 55,097 in June, according to the Finance and Leasing Association. The used car finance sector didn’t fare any better, with new business value down by 13% on June 2023 at £1.67m and the number of cars financed down 10% at … [Read more...]
Newslines 17 October
Discount sales incentives are reeturning to the market as car supply improves but demand falls, reports What? Car. More manufacturers are moving to the direct sales sector and getting dealers to act as their agents to better control prices but rising costs have seen private sales falling and deals for business buyer have be very good to move stock, so hard … [Read more...]
Government damaging confusion over cleaner vehicles
This week’s government ambivalence over the longstanding 2030 EV sales deadline is potentially “damaging for fleets” who are committed to electrification, says FleetCheck. Peter Golding (below), managing director at the leading fleet software provider, said that prime minister Rishi Sunak’s equivocation when asked about the deadline by an interviewer had … [Read more...]
Newslines 13 August
Big saloons are dropping like stones across Europe. Sales of BMW 6 Series cars collapsed 82%, Tesla Model S 52% and Jaguar XJ 38%, but the Mercedes CLS mid-size model improved 76% and its AMG GT lifted 18%, reports JATO Dynamics, which said they had suffered with the expansion of SUV and Crossover models. With the holiday season in full flow the RAC can … [Read more...]
Ford lead a depressed Welsh market
New-plate car sales in Wales last month slipped 3.41% to 15,783. That was the average for the UK as a whole but in Scotland it fell almost 10% and the total UK registrations in March reached 457,220. In Wales, the top ten was dominated by Ford with Fiesta, Kuga and Focus taking the first three places, followed by Yaris, Corsa, Qashqai, Polo, Golf, … [Read more...]