Blazing a new trail to one of the most important global automotive markets, the INEOS Grenadier 4X4 has launched in China. The Grenadier’s arrival in China follows the successful introduction of INEOS Automotive in over 40 countries worldwide – including in Mexico last week – and sets a new benchmark for premium 4X4s in the market but French factory … [Read more...]
Holding out for hybrids after 2030
Hybrids are expected to be reprieved from Labour Government planned changes to their automotive policy. Before the General Election, Labour pledged to end sales of petrol and diesel vehicles by 2030 but now they have diverted their drive to extend the life of hybrids until 2035. Manufacturers, dealers, motoring organisations and the public have voiced … [Read more...]
New car sales slow ahead of new plate change
August signalled the end of two years of growth in the new car market, a disappointing development despite traditionally being a quiet month, according to Sue Robinson, Chief Executive of the National Franchised Dealers Association, commenting on the latest SMMT new car registration figures. In August, a total of 84,575 new cars were registered, a decrease … [Read more...]
Car makers facing penalties as EV sales fall
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...]
Newslines 26 July
With the Olympics starting in Paris today, UK visitors to France are set for record levels - but motorists are being warned they are 20 times more likely to be breathalysed than in the UK. French police randomly test over 100 drivers per 1000 population, compared to just 5 per 1000 in Britain and the drink drive limit is 50mg, lower than the 80mg in England … [Read more...]
Tradelines 10 July
INEOS Automotive becomes part of a portfolio of 45 carmakers in the UK that have so far pledged their adherence to The Motor Ombudsman’s Chartered Trading Standards Institute best practice, and to going beyond the standards required by law with regards to the provision of new vehicles and new car warranties. The 4X4 maker’s accreditation under the Vehicle … [Read more...]
New car registrations pushed over a million
The UK new car market has hit the million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1% to reach 179,263 units, according to the Society of Motor Manufacturers and Traders. As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0% on the previous year but still down -20.7% on … [Read more...]
Newslines 18 June
Wales’ largest dealer groups, Days, saw its turnover rise but pre-tax profit fall last year. Companies House accounts for the year ended December 31, 2023, show the new and used cars business with 18,000 strong rental fleet, and one of the Car Dealer Top 100, reported an 11% increase in turnover from £257.774m to £285.195m but its profit before tax sank … [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...]
Crucial role of North West to UK Automotive
Bosses from some of the UK’s biggest advanced automotive manufacturers and suppliers today came together for the Society of Motor Manufacturers and Traders Regional Forum, held in Liverpool for the first time. Hosted at Rum Warehouse, the event will explore how manufacturers can benefit from the shift to zero emission mobility and secure new business to … [Read more...]
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