Motorists who opt for electric vehicles (EVs) instead of petrol-powered cars could save up to £7,000 over the next four years, according to a new report by New AutoMotive.
The EC's decision to impose tariffs of up to 38.1% on cars produced in China could further boost investment into the UK, according to consultancy Gartner.
Discounting risks undermining the ability of companies to invest in next generation technologies and cannot be sustained indefinitely, according to the Society of Motor Manufacturers and Traders (SMMT).
Jato Dynamics data across 28 European markets reveals that the SUV market share has possibly reached a peak.
Consumer interest in brand new cars remains strong despite challenges in the new car market, according to Auto Trader
Carwow Group and Porsche’s MHP Consulting UK are partnering to offer consulting services and solutions to support new and existing vehicle manufacturers with their go-to-market strategies.
At a manufacturer level, the market has been experiencing almost as much turmoil as at the environmental level, in-depth analysis of Q1 new car registrations SMMT data shows
The SMMT said sluggish private registrations and shrinking EV demand signal the challenge for 2024, despite 10.4% growth overall in March.
The UK Government will apply trade sanctions if the UK's new car market becomes at risk of a flood of cheap electric vehicles from China's state-backed manufacturers, transport secretary Mark Harper has warned.
OEMs and franchised dealers face a daunting task to deliver sales mix and volume expectations in the new car market as many private buyers find young used cars much more attractive thanks to recent price drops, according to Vertu Motors, one of the biggest motor retailers in the AM100.
Apple has reportedly abandoned its long-standing efforts to develop a self-driving electric car, marking a significant shift in its automotive ambitions.
Luca de Meo, president of the European Automobile Manufacturers Association (ACEA), has said OEMs must "get down to it" and ensure car buyers are into zero emission vehicles by 3025 rather than quibble about the deadline.
Fiat has revealed a family of Panda-inspired concepts to excite potential customers of its next generation of 'global' small cars.
Sales of new cars across Europe last year reached 12.79 million units, precisely three million below the 2019 peak but the highest result since the COVID pandemic.
This year could go down in history for the automotive industry, for the most unusual reason, writes AM's regular columnist Professor Jim Saker, emeritus professor of Loughborough University's business school and president of the Institute of the Motor Industry.
A boost to finance offers on the Hyundai Tucson hybrid SUV range is hoped to tempt more private buyers into Hyundai dealerships ahead of the 24-plate change in March.
Fleet and business orders accounted for almost two in every three new car registrations in January, when the month's market ended at its highest level since 2020.
Ambitious Chinese car brand Omoda is set to launch within weeks and its management team is already setting sales expectations that would overtake established brands Citroen, Mazda, Dacia and Seat by just its second year.
Used EVs are now becoming a viable alternative to new models with sub £20,000 electric stock accounting for 25% of the market
While car buyers will have more choice of new and used car stock in 2024 the challenges and uncertainties for OEMs and franchised dealers will only continue to mount.
