The UK automotive retail sector has reported a return to growth in March, its most critical month of the year, raising questions over whether this signals the beginning of a long-term recovery – or simply a temporary reprieve
The new car market saw a significant surge in March, with registrations rising 12.4% to 357,103 units, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT).
Manufacturers must urgently overhaul the entire business, from process to mindset, insists Bodo Philipp, CEO at MHP Consulting UK.
The new car market is set for a strong month ahead, according to the latest data from Auto Trader, which has recorded a significant rise in consumer interest in brand new vehicles.
The SMMT is calling for the Expensive Car Supplement to be scrapped for pricier EVs following a fourth month of decline in the new car market.
The UK has not received a real influx of Chinese new cars yet because there are other countries in Europe that are more profitable targets for the emerging brands, according to the head of the Society of Motor Manufacturers and Traders.
The impact of zero emissions legislation will see the number of cars sold in the UK languish for at least the next five years, according to an industry forecasting expert.
If not for the pressures put on car brands by the ZEV Mandate targets the UK's new car market in 2024 would be seen as quite a success story, with record EV registrations.
Plunging residual values in the electric vehicle (EV) market are creating substantial financial challenges for leasing companies, manufacturers, and customers alike, according to Auto Data Solutions (ADS) which is warning of a prolonged impact on the sector.
The UK car market is expected to hit its peak in terms of petrol vehicle numbers in 2024 although the industry continues to grapple with the the post-pandemic shortage of nearly 3 million cars not sold during that period, stricter Zero Emission Vehicle (ZEV) targets, rising competition from new brands and models - all at a time of lacklustre appetite for electric vehicles (EV).
Finance offers and heavy discounting is masking the challenges of Europe's new car market, according to JATO Dynamics.
The transition to electric vehicles (EVs) - driven by strategic shifts among legacy manufacturers and competition from new entrants - could lead to reduced variety in vehicle makes and models, especially if manufacturers scale back their UK presence.
An e-commerce platform is being launched in the UK by Leasys to allow potential new car buyers to easily lease electric and hybrid cars.
Car buyers’ choice is expanding further in the UK as a new electric vehicle brand, Skywell, begins sales here. General Manager David Clark told us about its dealer recruitment plans
The European Automobile Manufacturers' Association (ACEA) has shifted its stance, no longer pushing for a two-year delay in the EU's 2025 CO2 reduction targets.
Stellantis is halting production of the all-electric Fiat 500 city car for four weeks due to sluggish demand, reflecting a broader global slowdown in electric vehicle (EV) sales.
A new survey from the Startline Used Car Tracker reveals that almost half of dealers (47%) believe that the ZEV Mandate targets should be relaxed
Online car marketplace Carwow has kicked off its September sale, offering discount deals up to £8,468 on popular new models such as the BYD Dolphin, Nissan Qashqai, Ford Kuga, and Renault Clio.
The newest entrant from China into the UK's new car market has started sales after a VIP launch party showcasing the Omoda 5 petrol car and Omoda E5 electric car last night.
Cox Automotive is restating its "optimistically realistic" outlook for the used car market in 2024, warning against assuming that first-half continue to the year-end.
