News - Page 77
Premium ICE SUVs, cheaper EVs/hybrids rank high on dealer wishlists
Dealers are targeting not only pricey premium petrol and diesel SUVs but also lower value used EV and hybrid models as drivers increasingly move away from ICE cars, according to latest desirability index from auction house Aston Barclay.
UK car production surges in July, marked by sharp rise in EV models
Two in every five (39.5%) cars made in the UK are now either high-tech hybrid electric (HEV), plug-in hybrid (PHEV) or battery electric vehicles (BEVs), according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
Lookers reports 8% revenue rise as takeover bid from Global Auto progresses
The AM100's third-largest car dealer group, Lookers, has revealed its first half 2023 trading secured 8% higher revenues year-on-year as it prepares for shareholders to decide whether to back a £504m takeover bid by Global Auto Holdings.