New car sales in Europe face unprecedented challenges
A new report from Jato Dynamics has revealed that new car sales across 28 European markets are down by more 2.5 million units this year compared to pre-pandemic levels. It […]
EVs
ZEV Mandate puts petrol deliveries on hold
Vertu Motors has said that it is unable to deliver newly sold petrol cars to customers because of the ZEV Mandate. The ZEV Mandate sets annual EV sales targets for […]
Alternatively fuelled vehicles see profit margins soar
Used alternatively fuelled vehicles saw an average 31.4% rise in gross margins in November, according to data from Dealer Auction’s EV Performance Review. It reported that average gross margins were […]
Petrol cars tipped to fall to just 11 million in a decade
The number of petrol cars on UK roads is expected to almost halve in the next 10 years as the move toward electrification of the car parc gathers pace. Analysis […]
Prasco enhances replacement car parts range
Replacement car parts supplier Prasco UK has added 2,600 new items to its product line over the last six months and plans to double that figure by the end of […]
Used car prices down 0.6% – Auto Trader
Used car prices in the UK fell by 0.6% in November, according to the Auto Trader Retail Price Index. It found average prices were £16,492 across the month. When looking […]
New car sales fall again despite EV discounts
Deliveries of new cars fell by 1.9% in the UK during November with 153,610 joining the road, according to the latest figures from the Society of Motor Manufacturers and Traders […]
Used car market growth to be driven by EVs
The UK used car market is projected to rise from 7.4 million transactions in 2024 to just under 7.9 million by 2027, according to Cox Automotive. According to its Insight […]
Used car buyers turn to EVs and diesels
Used car buyers have increasingly turned to electric and diesel vehicles over the last six months to reduce fuel costs, new research indicates. December’s Startline Used Car Tracker revealed the […]
Commercial vehicle production hits 16-year high
UK commercial vehicle production remained resilient last month, down just 3.9% compared to a bumper October 2023. According to the Society of Motor Manufacturers and Trader, 12,387 light commercial vehicles […]
ZEV Mandate under review after industry backlash
The government has confirmed it will reassess the ZEV Mandate after vehicle manufacturers said the targets were unworkable. It has said the 2030 deadline will remain in place, but will […]
Stellantis to close Vauxhall Luton factory
Stellantis has confirmed that it will close its Vauxhall Luton factory next April, partly blaming challenges around the ZEV Mandate. The site, which has been open since 1905, employs 1,100 people […]
