News - Page 20
Car makers turn to Tesla for EU carbon pooling to avoid billions in fines
Stellantis, Toyota, Ford, Mazda, and Subaru plan to pool carbon emissions with US EV manufacturer Tesla in an effort to meet stringent European carbon reduction targets, according to official EU documentation.
LCV market logged 350,000 registrations in 2024, despite BEV challenges
The light commercial vehicle (LCV) market posted a 3.0% growth in 2024, with 351,834 new registrations making it the best year for fleet renewal since 2021, according to the Society of Motor Manufacturers and Traders (SMMT).
Kia UK chief welcomes ZEV mandate consultation, calls for clarity on hybrid rules
Kia’s UK chief has welcomed the review of ZEV mandate regulations that will guide the industry until 2035 but cautions that the UK government has no intention of walking away from its proposed trajectory.
Volkswagen Golf tops Close Brothers’ most financed cars of 2024
The Volkswagen Golf has overtaken the Ford Fiesta to become the most financed car of 2024, according to data released by Close Brothers Motor Finance, reflecting how economic pressures are driving buyers toward more practical and affordable cars.
DfT's ZEV Mandate consultation launches to consider flexed targets and hybrids
The DfT has today launched a consultation asking for industry views on the Government's restoration of the 2030 petrol and diesel new car ban. Elements include gathering views on which full hybrid and plug-in hybrids could be sold still alongside zero emission vehicles, and what approach should be taken for vans and low volume OEMs.