Tag Archives: ZEV Mandate

Volkswagen Group UK is pushing ahead with plans to remap its UK dealer networks with cuts to the number of dealer outlets and fewer investors. To be fair, it’s not alone. These programmes are ongoing by carmakers and have long timelines, but the VW plan is ambitious, reflecting its big presence in the UK, taking a quarter of car sales, ...

After reports of an onslaught of UK newcomer brands from 2023, Chinese marques are still arriving and expanding but there are crosswinds. Clarification from the Government on tariff hikes for Chinese-made electric vehicles should come soon Last year, hardly a month passed by without news of some new brand – mainly with Chinese background or backing – poised to land ...

The upcoming budget will be the first under a Labour government since 2010 and it couldn’t be more critical for the automotive sector. The industry is navigating a period of profound transformation, and the Chancellor has the opportunity to accelerate change positively. Faced with challenges such as the Zero Emission Vehicle (ZEV) mandate, fluctuating consumer demand, and evolving regulatory landscapes, ...

As we come into September it marks the end of the holiday season and the return to work. I hope that everyone reading this blog has found time to get some rest and relaxation and to recharge your batteries. Batteries of a different sort are clearly having an effect on many in the industry as electrification is forced onto a ...

The 2030 Phase Out target for banning new ICE van sales is unachievable. That’s the view of the British Vehicle & Rental Association (BVRLA) which said the same timetable for cars was major risk unless the Government matches its ambitious targets with additional support measures. The BVRLA has shared a fleet industry perspective after the Department for Transport confirmed that ...

Financial services group Zeus Capital has become the last voice to cast doubt over the efficacy of the government’s ZEV Mandate. In its Quarterly Electric Vehicles Report, it said carmakers were lagging well behind the governments ZEV Mandate targets of 22% for cars and 10% for vans. “Despite continued growth, the 16.8% share of new registrations is quite a way ...

I had some time off last week in order to complete various bits of work around our house.  I won’t bore you here with all the challenges faced but I was reminded of discussion I had many years ago with Sir John Egan, the former Chief Executive of Jaguar Cars, who then went on to the same position at the ...

Sales of BEV vans accounted for just 4.7% of the new van market in the first half of the year, down on the 5.2% achieved in the first half of 2023. This is well adrift of the 10% quota set by the government ZEV Mandate and the position has deteriorated. The Society of Motor Manufacturers & Traders, which released the ...

Vertu Motors reported a strong trading performance for the three months to May with like-for-like new car retail sales business up 6.8%. The increased volumes included low margin Motability business which saw margins reduced to 7.4% compared to 8.1% last year. Fleet and commercial vehicle like-for-like volume growth of 6.4% while used sales rose 6.7% on a like-for-like basis. Services ...

The Motor Trader Top 200 Franchised Dealer Groups for 2024 features in the July August print edition of Motor Trader. It shows a sector experiencing huge interest in dealer groups from foreign investors, ongoing consolidation and a market building momentum after contraction in the pandemic. At the top of the listing there has been big change in ownership. Pendragon was ...