Franchised dealers have a pivotal role to play to boost sales of electric vehicles. That was the main theme discussed by Stephen Latham, head of operations at the National Franchised Dealers Association (NFDA), at the Renewable Energy Association’s EV Experience conference. Latham analysed current consumer attitudes towards electric cars and the challenges they face. He explained what are the main ...
Read More »Used small EV demand and value increase
Demand for small, used electric vehicles (EVs) is growing, with some models rising in value. Cap hpi has put this down to a combination of factors, including the roll out of clean air zones, cheaper running costs and increased charging points, incentives to drive and wider availability from manufacturers. Three models in particular have risen in value. The Nissan Leaf, ...
Read More »BCA holds first ever ULEZ only sale ahead of deadline
BCA staged the first ever ULEZ sale at BCA Blackbushe on 12 March. The event only featured Euro 6 compliant or electric/hybrid commercial vehicles that can enter the Ultra Low Emission Zone without charge. 148 vehicles were sold for an average value in excess of 104% of CAP Clean, with one vendor achieving an average of 113% of CAP Clean. ...
Read More »First Ultra Low Emissions Zone drives up EV values at auction
The introduction of the UK’s first Ultra Low Emissions Zone in April is pushing up prices of EVs at auction. Shoreham Vehicle Auctions (SVA) said it had seen a “significant rise” in demand for EVs in recent months with the market witnessing stronger residual values on both cars and vans. Alex Wright, managing director of SVA, said: “The second half ...
Read More »Demand surges for hybrids and EVs in used car market
Consumer appetite for alternatively fuelled vehicles (AFV) is growing fast in the used car market. Over the last three months the percentage of fuel related searches on Auto Trader attributed to AFVs almost doubled, increasing from 4% to 7%. And in July, the UK’s fastest selling used car was a Renault Zoe; a first for a fully electric vehicle. “However, ...
Read More »October issue of Motor Trader is now online
The October edition of Motor Trader is now online, featuring an exclusive interview with Pendragon CEO Trevor Finn and the new focus the dealer group is putting on its used car business. A year since the announcement of a strategy overhaul for the group, Finn is pushing hard on used car sales, while looking at investment in its premium franchises ...
Read More »Independent recovery firms trained in electric vehicles
The first car recovery operators have received training on electric, hybrid and plug-in hybrid vehicles. The training courses were launched by Allianz Partners in partnership with the Institute of Vehicle Recovery (IVR). The first training days were completed over six days, in six different locations around the UK, helping recovery operators meet a new standard in training and awareness on ...
Read More »Leasing association to boost sales of low emission cars
The British Vehicle Rental and Leasing Association (BVRLA) has launched a Plug-in Pledge that will see its members’ combined plug-in vehicle fleet size surge from 50,000 today to 720,000 by 2025. The association’s members are responsible for almost five million vehicles – 1-in-8 cars, 1-in-5 vans and 1-in-5 trucks on UK roads. It said in seven years’ time vehicle rental ...
Read More »IMI urges government to invest in charging and address EV skills shortage
The UK is not ready to scrap diesel and petrol cars because of the lack of infrastructure to support electric alternatives, according to a strongly worded rebuttal to government plans to ban these vehicles from 2040 issued by the Institute of the Motor Industry. The IMI also highlighted the need to address a skills shortage of qualified staff able to ...
Read More »Volvo commits to all-electric line-up from 2019
All new Volvos sold by dealers from 2019 will have an electric motor in a strategic move which the carmaker said will place electrification at the core of its future business. “This is about the customer. People increasingly demand electrified cars, and we want to respond to our customers’ current and future needs. You can now pick and choose whichever ...
Read More »