Market insight
VW Group confirms EV agency model switch by 2023 as Mercedes consults dealers
Mercedes-Benz is consulting its retailers on agency model franchise contracts as Volkswagen Group revealed the switch is likely to be completed for its electric vehicle (EV) model sales by the start of 2023.
Marshall repays £4m in COVID support and forgoes leadership bonuses
Marshall Motor Holdings CEO Daksh Gupta has told AM “I can hold my head high” after the AM100 car retailer vowed to repay £4m in Government COVID support – and still match its 2019 financial performance in 2021.
Stellantis car dealers issued termination notices amid future distribution plan
Stellantis will issue all of its UK and European franchised car retail partners with two-year termination notices as part of a reorganisation of its distribution networks ahead of the introduction of new Block Exemption rules.
Government lacks ‘clear plan’ for UK's 2030 petrol and diesel car ban
A House of Commons Public Accounts Committee report into the transition to zero emission vehicles has highlighted the lack of “a clear published plan” to meet its goal of banning new petrol and diesel car sales by 2030.
More 'overnight' plug-in car grant changes to come in EV incentive withdrawal
The Department for Transport’s Office for Zero Emission Vehicles (OZEV) has confirmed there wil be more "overnight" changes to plug-in car grant (PiCG) EV incentives as part of a "managed exit" from Government.