New car supply constraints are starting to ease, just as consumers are curbing spending amid high inflation, according to Bloomberg.
August proved to be a challenging month for car sales as the number of handovers fell by 33%, according to iTrackLeads.
Supply chain issues causing delays for new car deliveries are causing greater reputational damage to franchised car retailers than their manufacturer partners, a car buyer survey has revealed.
Volkswagen is increasing its production capacity for electric vehicles (EVs), in order to reduce lead times for new models.
Renault is accepting pre-orders for its new fully electric Megane E-Tech, allowing prospective customers to secure one of the first examples of the model for a £500 deposit.
The temporary closure of Honda’s Swindon plant due to parts shortages this week could be the “tip of the iceberg” for new car supply issues in 2021.
Kia dealers can expect greater availability of the popular e-Niro model as the brand secures increased supply, cutting lead times to just a few weeks.
Car buyers will not accept long lead times for new car orders when car retailers resume activity after June 1, according to research by What Car?.
Waiting times for new electric vehicles (EVs) are expected to be the same as petrol and diesel models as the new car market recovers from the COVID-19 coronavirus crisis, according to WhatCar?.
Hyundai Motor UK is offering customers awaiting delivery of its Kona EV electric vehicle access to a short-term lease giving access to an Ioniq EV hatchback in a bid to mitigate the effects on long lead times.
Long lead times for new cars are causing a boom in medium-term rental, as PCH customers need vehicles to keep mobile.
Volvo has confirmed it will expand production of the XC40 to meet unexpected demand for its recently-released compact SUV.
Tesla continued to tease potential customers with the surprise launch of a new roadster, claiming that the new addition will be “fastest production car ever made” when launched in 2020.
Manufacturer mistakes in calculating the demand for new cars in the UK is leaving leasing companies having to extend vehicle replacement cycles and unable to fulfill orders.
