Britain’s petrol, electric car and van markets have stalled with dealers reporting contracting business in the last quarter. The very slight increase in total registrations for the whole of 2024 came about with fleets being given big discounts by manufacturers very anxious to move the metal and push EV sales or face huge penalties from the UK … [Read more...]
Turn your cardboard into a car
Getting creative with leftover festive cardboard will win one lucky person a Volkswagen ID.4 for two weeks. Many households are filled with leftover cardboard boxes before and after Christmas Day, so Volkswagen is inviting people to put them to good use for a cracker of a craftwork competition. The UK’s biggest-selling car brand wants to find the designers … [Read more...]
New car sales slide again but EVs grow
October saw another month of contraction in the new car market, a concerning trend following August's end to two years of continuous growth. This decline is particularly worrying, as it highlights the volatility of the market right now, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. UK new car buyers now have more than … [Read more...]
Diesels surge as private motorists snub EVs
The UK new car market rose 1.0% in the key ‘74’ plate change month of September, to 275,239 units, according to the Society of Motor Manufacturers and Traders with private buyers turning to more diesels than pure electric models.. In what is traditionally a bumper month for new car registrations, second only to March, the performance was the best since … [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...]
Younger drivers turning towards subscription services
New data from Wagonex revealed that younger drivers are most likely to acquire a car on subscription. Drivers aged 26-35 are six times more likely to get a car on subscription than those aged 56-65, and eleven times more likely than those aged 65+. With the latest sector statistics revealing that the UK’s car subscription market is the biggest in Europe … [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...]
Black is back with Volkswagen range
New Black Editions are being added to the Volkswagen line-up. The new trim sits above R-Line on four popular Volkswagen models – Polo, Taigo, T-Roc and the new Golf – and all come with additional features including larger alloy wheels, black styling elements, upgraded lights, heated front seats and wireless charging as additional specification varies by … [Read more...]
Newslines 10 June
The Volkswagen Group is entering a new business segment with the Elli charging and energy brand and will develop, build and operate large-scale stationary storage systems together with partners along the value chain. The largest projects in the Elli project pipeline currently have a capacity of up to 350 MW and a storage capacity of 700 MWh, which will … [Read more...]
Make money from these models, say Carwow
New figures revealed UK car dealers’ 10 most in-demand models, with owners being advised they could get a better price if they sell as soon as possible. Overall, the Volvo XC40 was identified as the country’s most sought after car by dealers. As high demand can often have a positive impact on a car’s value, this means owners have an opportunity to receive a … [Read more...]
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