BCA reports strong quarterly results
BCA has reported a strong first quarter for the used car sector, as average values rose for the third month running, sold volumes continued to increase and average weekly used […]
EVs
Motor Ombudsman receives record EV complaints
The Motor Ombudsman has recorded the highest quarterly volume of consumer complaints about electric vehicles (EVs) during the opening three months of 2023. A total of 273 disputes were logged […]
EV growth outstripping network development
A new report has predicted that there will be 2.5 million EVs and hybrids sold in the UK in 2030, with 33.4 million EVs on the road by 2040. The […]
Commercial vehicle market growth continues
The UK new light commercial vehicle (LCV) market grew for the third consecutive month in March, rising by 17.3% to 47,634 units. According to the latest figures published by the […]
Kia sets new sales records
Kia UK has recorded its biggest ever month and quarter for new car sales, with 19,703 sold in March and 32,255 in the first quarter of 2023. The records reflect […]
Car sales surge as supply chain pressures ease
UK new car registrations in March bounced back by 18.2%, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The increase saw 287,825 units delivered, […]
Government announces new ZEV mandate
The government has announced it will introduce a new ZEV mandate to drive the transition to net zero. As part of the initiative it will require manufacturers to ensure that […]
Car production up as supply chain flows
UK car production rose 13.1% in February, up to 69,707 units, according to the Society of Motor Manufacturers and Traders (SMMT). Factories made an additional 8,050 cars, with volumes buoyed […]
EV costs undermining uptake
British EV charging and smart energy technology business Indra has reported that perceived running and purchase costs are slowing the uptake of EVs. A survey of over 2,000 UK drivers […]
Volta Trucks secures EIB investment
All-electric commercial vehicle manufacture Volta Trucks has announced that the European Investment Bank (EIB) is supporting the company with €40m venture debt financing. The funding from the EIB would support […]
LEVC celebrates production milestone
London Electric Vehicle Company (LEVC) is celebrating the significant milestone of producing its 10,000th vehicle at its state-of-the-art factory in Ansty, Coventry. LEVC has manufactured the TX – the world’s most […]
Average used prices on the rise again
The average retail price of a used car in March was up 2.3% to £17,720 in March. According to AutoTrader, this is up from the 1.3% year-on-year increase recorded in […]
