Manufacturer and dealer incentives meant the UK’s new car market grew for the second consecutive month in June, as registrations rose 6.7% to 191,316 units, according to the Society of Motor Manufacturers and Traders. It was the best June since 2019, helping lift first half performance 3.5% above the same period last year, although the market remains -17.9% … [Read more...]
Discounting & incentives drive EV registrations
Heavy discounting by car-makers is pushing fleet and businesses drivers into electric cars. Private buyers still prefer to have petrol or diesel engines, according to the May registration figures. Registrations of petrol cars are higher than the combined figures for pure battery, plug-in and mild hybrid electric models and that’s without the diesel models … [Read more...]
Car makers urge Gov. to cut car supplement tax
Government can boost electric vehicle demand if it amends its changes to the expensive car supplement an industry leader has said. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, said that the expensive car supplement – which adds an additional tax for the first five years following the first tax payment made when a car … [Read more...]
Troubling tariffs & boosting charging network
US tariffs are damaging to UK car producers. The UK body responsible for car sales, the Society of Motor Manufacturers and Traders ceo Mike Hawes had this to say about the US tariffs, "The announced imposition of a 10% tariff on all UK products exported to the US, whilst less than other major economies, is another deeply disappointing and potentially … [Read more...]
Brakes applied to green targets in Britain
Britain’s drive towards zero emissions is slowing down. Today, the Government announced a relaxation of electric vehicle sales targets to help the car industry in the face of trade tariffs from the US and a slow take up for pure electric cars with manufacturer incentives costing them millions of pounds. It is what the motor industry and component suppliers … [Read more...]
Manufacturers push up March registrations
The new car market benefitted from a 12.4% boost in March as uptake rose to 357,103 units, according to the latest figures from the Society of Motor Manufacturers and Traders. This growth, in the most important month of the year for the new car market, builds on the March 2024 performance, where uptake rose by 10.4%. As a result, this year’s ‘new plate’ … [Read more...]
EV sales are rising, but change is seen ahead
Last month, UK broke a new record for the number of EVs registered in a single month: 68,000, more than 20% higher than the previous record set in September 2024. Figures to be released this morning by the SMMT will show that completed a winning Q1 for EVs, which saw the UK register more BEV cars in three months than Norway did in the whole of 2024 and it … [Read more...]
Private buyers are turning onto BEVs, says SMMT
Wales saw the steepest decline in UK for new car registrations last month. Coming immediately before the new 25-plate this month, registrations in Wales were 13.16% down on the same month last year. Total registrations in Wales in February were 2,323 new cars and that contributed to a 11.91% drop through the first two months of 2025. MG HS SUV was the … [Read more...]
Future of AI in RV to be discussed by VRA
The latest advances in car and van inspection and valuation will be examined at the next member meeting of the Vehicle Remarketing Association. Taking place at Cox Automotive’s Innovation Centre at Bruntingthorpe, Leicestershire, on Thursday 20 March, it will feature a discussion panel talking about the use of AI in vehicle appraisal including Adrian Kelly … [Read more...]
Government ZEV targets to be missed in two years
Analysts say carmakers will miss UK Government ZEV mandate targets by 346,000 units in three years unless ‘major consumer concerns’ are addressed. That is according to Cox Automotive in its latest Insight Quarterly report which backs up studies by Regit that found that several key blockers remain in place stunting mainstream EV adoption among UK car … [Read more...]
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