The UK Government’s counter-intuitive policy of reducing EV purchase incentives while urging their widespread adoption has car buyers “thinking again”, says Stellantis boss Alison Jones.
The Volkswagen Golf was the most popular used car to be sold via the Motorway.co.uk platform during the coronavirus pandemic.
Government has announced £30m of investment in EV and hydrogen technology to help launch studies into the creation of a UK lithium supply chain, improvements in battery safety and the re-use of car batteries.
The Vehicle Remarketing Association (VRA) has launched a quick-fire ‘five-minute briefing’ document series with a series od short sector-wide takes on the reopening of car showrooms after COVID-19 ‘Lockdown 3’.
Cazoo is set to be listed on the New York Stock Exchange following the signing of a definitive business combination agreement with US-based acquisition company AJAX.
Japanese car franchises Mazda UK and Suzuki GB have said that their car dealers will not feel the impact of the Suez Canal shipping crisis.
The UK Government’s decision to lower the value of its plug-in car grant EV incentive will have little impact on used car values, according to Cap HPI.
Next month’s post-Lockdown reopening of car showrooms across the UK has been described as a “ray of light” following another 14% decline in UK manufacturer’s vehicle output in February.
Snows has revealed it has sold £37m worth of cars online in the last 18 months using its GForces NetDirector Auto-e platform.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said that electric revolution is “primarily for fleets, not families” and called for change to drive mass adoption.
Labour’s shadow business minister Ed Miliband has called for interest free loans to help low and middle-income families purchase a new electric vehicle (EV).
Vauxhall has responded to Government's changes to its plug-in car grant (PCiG) by cutting the list prices of its Mokka-e SUV and Vivaro-e EVs to ensure they remain eligible for the revised incentive.
Peugeot’s 208 hatchback and 2008 compact SUV finished first and second in the rankings of Europe’s best-selling cars during February, Jato Dynamics’ data has revealed.
Nearly two-thirds of car owners admit they are delaying car servicing and repair work due to coronavirus concerns, according to research by Bumper.
The number of cars on UK roads that have missed their MOT by more than three weeks has tripled during the last six months.
Car buyers have described Government’s plug-in grant as “very important” driver of the shift to electric vehicles (EV) as 79% said they disagreed with Government’s recent changes to the scheme.
Pendragon has reported an underlying profit before tax of £8.2 million in 2020 annual financial results which painted a picture of a COVID-19 impacted year of two halves for the car retail sector.
When Arnold Clark chief executive Eddie Hawthorne openly conceded that he had initially felt the COVID-19 crisis would be “over by Easter”, it was clear that nobody in the sector could have imagined being in lockdown 12 months on.
The phased easing of COVID-19 ‘Lockdown 3’ could deliver a staggered recovery for car retail or a double whammy of opportunity for dealerships across the UK, it has been suggested.
Car manufacturers have responded to Government’s decision to cut its plug-in car grant with a mixture of frustration and tweaked finance offers to maintain their March sales.
