A number of factors look set to make used car stocking and funding a key area of focus in the year ahead. These include used car value realignment, an increased focus on costs/overheads, the...
Read moreMore consumers than ever are configuring BEVs on online platforms, but are being put off from buying a new vehicle by the high price. So says John Veichmanis, CEO of Carwow, adding: “On the new car...
Read moreThe UK new car market grew 8.2% in December but it was all driven by fleet, with private registrations seeing a fall of 15.8% against fleet’s growth 29.9%. That leaves the market share figures...
Read moreJanuary new car registrations, out at 9am on Monday 5 February, are expected to reveal a significant drop in BEV market share against the overall figure for 2023, according to Auto Retail Agenda...
Read moreBEV REGISTRATIONS OFF TO A ROCKY START IN 2024 JLR REAFFIRMS AGENCY SALES DATE AUTO RETAIL LIVE PODCAST: LISTEN NOW McLAREN RECEIVES YET MORE BAHRAIN FUNDS RETAILERS: BIDEN EV STRATEGY ‘TOO...
Read moreRetail groups, auction houses and leasing companies are monitoring battery state-of-health (SoH) on electric vehicles, with a view to creating a certification scheme to illustrate the remaining...
Read moreWith new ZEV mix targets, 2024 looks challenging for a number of OEM groups. As things stand – based on the evidence of BEV mix achieved in the 12 months from October 2022 to September 2023 – only...
Read moreThe message from retailers responding to the Auto Retail Network Barometer is clear: 2024 is expected to be a challenging year. This view has hardened since the last survey, just six months ago. The...
Read moreThe last 12 months have proven to be a somewhat unexpectedly difficult period for the UK automotive sector as the economy has struggled to perform as expected and the retail consumer faced significant...
Read moreI wouldn’t want to be a product planner in 2024, said SMMT chief executive Mike Hawes in a new year briefing on what 2024 has in store for the UK automotive industry. The roll-out of the ZEV Mandate...
Read moreThe Renault Scenic is back – and has been reborn as a fully electric vehicle that this time adds some crossover cool to its MPV makeup. Renault describes it as being “innovatively reinvented to...
Read moreThe overall UK new car market might have finished strongly in December, but fleet was the only driver of that growth, with retail registrations falling 14% compared with the same month last year. The...
Read more2024 is set to be another year of change as more people in the UK embrace electric cars. Nor is that trend centred only on new BEVs; used models have seen an increase in demand, and residual values...
Read moreOur main conversion KPIs remained constant in October with no major changes to the previous month. However, this consistency could be the building block to improved performance in 2024 as teams return...
Read moreTesla looks set rake in a near £400 million windfall in 2024 by selling Government electric car credits to rival brands – funds which the company could use to attract more buyers to the brand....
Read moreRetail demand for new vehicles slumped in November, falling 5.9% compared with the same month last year. The 60,506 new registrations, down from 64,921 in November 2022, represent a market share of...
Read moreUnlike rival Mercedes, BMW has adopted a multi-powertrain strategy to electrify its model line-up. The new BMW 5 Series, traditionally one of its most profitable models, is the latest to adopt this,...
Read moreNew entrant brands from China and beyond are preparing to gain a firm foothold in the UK, delivering potentially lucrative new opportunities for franchised retailers seeking a fast-growing electric...
Read moreUncertainty looms over automotive as a blend of factors continues to shape the future market landscape. Economic pressures mean many potential buyers are postponing purchasing decisions. The...
Read moreAfter a modest uplift in September, which itself followed a significant downward swing in August, retail registrations were all but flat in October, showing a rise of just 0.3% compared with the same...
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