I’m still keeping calm and carrying on sifting through the latest automotive news items and press releases pinging into my Inbox, writes David Miles. Some are less ‘newsy’ than others and some press releases are just recycled items as PR operators seek to keep us informed by promoting their brands so here as some worthwhile snippets of news worth passing … [Read more...]
Tradelines 15 January
Jaguar Land Rover sales slowly recovered in December after a 6% dip overall in 2019, according to financial reports. Annual sales of 557,706 were down mostly due to a 13.5% slump in China but it’s reorganised its outlets and marketing there and has seen them picking up again as it moves towards an electric programme with BMW. In 2019, Bridgestone remained … [Read more...]
EV values are sparking
Used electric cars are bucking industry trends by appreciating — rather than depreciating — in value, according to the UK’s fastest-growing automotive shopping site, CarGurus. Every day, CarGurus analyses millions of data points on hundreds of thousands of UK used car listings to calculate each car’s Instant Market Value (IMV) or fair retail price. Using … [Read more...]
Tesla Model 3 outsold Ford Focus in August
The all-electric Tesla Model 3 outsold the Ford Focus in Britain last month. In a major turnaround for battery powered cars, the mid-sized Tesla led a battalion of battery powered cars which saw registrations jump 377.5% as they powered ahead in new car sales. Fiesta and Golf topped the charts but the Tesla Model 3 achieved 2,000 registrations and beat the … [Read more...]
Survey shows evs with worst depreciation
A new study shows striking differences in the depreciation of ten popular electric and hybrid cars from their purchase price three years ago to their current value. InsuretheGap.com found that the pure electric Renault Zoe lost the most value, depreciating by 61% in three years from its purchase price of £19,988 to only £7,830 value in … [Read more...]
Newslines 27 August
BMW, Mercedes, Tesla and Ford models made in the USA and exported to China will be more seriously affected as a trade war escalates. China’s counter measures to the US tariffs rising will take effect on 1 September and more will be rolled out on 15 December. VW is cleaning up its act and business in the wake of the 2015 diesel emissions scandal which has … [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...]
EVs to consider
With the increasing popularity of electric vehicles, automotive data experts cap hpi has compiled a select list of vehicles worthy of driver consideration. Senior valuations editor Chris Plumb has identified five EVs that not only perform well but also represent excellent value for money, making them a hot prospect for motorists looking to buy and … [Read more...]
Tesla tops booming European EV sales
The European car market registered its seventh consecutive month of decline in March 2019, JATO reports. Ongoing political and economic uncertainty, including lack of clarity around Brexit, alongside consumer preoccupation with diesel bans in cities, meant that overall demand continued to decline. While overall demand may be on the decline, the good … [Read more...]
Welsh business recharges classic cars
Classic cars are being given a new life for the 21st century with a “heart” transplant and an electric powertrain by a Welsh enthusiast and engineer. Richard Morgan set up Electric Classic Cars in Newtown to give much-loved classics and popular cars a new lease of life with a modern twist. “I use to compete in the British Historic Rally Championship … [Read more...]
