Premium automotive brand, Genesis, will open a new Studio in Edinburgh, highlighting the company’s continued expansion since its arrival in 2021 and marking its first retail Studio in the UK outside London.
Designed around a Korean white space theme and with Genesis Personal Assistants on hand to welcome visitors, customers will be able to configure their cars and experience materials, colours and trims available, including the Genesis GV70 which was voted Scottish Car of The Year.
Chinese brand BYD will launch its pure battery vehicles in Britain over the next few months and has appointed four national dealer groups to handle sales.
It already sells electric buses in Britain and now intends to begin car sales with the Atto 3, mid-sized SUV powered by a 60.48 kWh battery.
Almost a third of used car dealers (32%) believe that used car values and prices will fall by more than 10% during 2023 as a result of the current financial crisis.
A further 19% of motor retailers say the drop will be between 5-10% and 26% by up to 5%, shows January’s Startline Used Car Tracker. Only 23% think prices and values will continue at their current level or better.
New AutoMotive green motoring says the collapse of plans by Britishvolt to build a gigaplant for power cells in the North East is “deeply disappointing”.
It will impact on the UK’s net-zero plans and sales of electric cars and shows the Government has no real idea how to boost the investments in new technology.