More than seven out of 10 motorists (72%) would “consider” buying a car made by one of the new Chinese manufacturers entering the UK market, according to new research. Startline’s June Used Car Tracker shows BYD is the brand with the highest level of recognition among these potential customers at 28%, followed by Maxus (19%) and Chery (14%). Aiways, Denza … [Read more...]
Chinese brands sweeping into dealerships
Xpeng is the Chinese electric vehicle manufacturer most likely to succeed in the UK market, named by 36% of dealers in new research. It is followed by Omoda (34%), BYD (31%), Lynk & Co (24%) and Nio (24%), according to June’s Startline Used Car Tracker. Other new entrants named by dealers include Jaecoo (19%), GWM ORA (17%), Zeekr (12%) and … [Read more...]
Tradelines 20 September
The British Government should incentivise EV private car purchases, say the car-makers. The Society of Motor Manufacturers and Traders said the ev market has moved from the early adopter phase with 16% of new registrations but more incentives were needed to push towards the zero emissions target of the Government. A petition in Wales calling for this … [Read more...]
Newslines 2 November
Aston Martin expect to sell 10,000 cars, generate £2 billion in revenue and post £500m in pre-tax earnings by 2024/2025 and it anticipates that volumes will increase significantly from Q4 of 2022 helped by orders from the Welsh-made DBX707. The optimistic forecast comes after the three months to the end of September, showed Aston sold 1384 cars – up 3% on … [Read more...]
