UK van registrations rose for the ninth month in a row in September, up 28.1% with 44,760 vehicles registered. Year to date registrations are up 20.8% to 257,979 units, according to figures from the Society of Motor Manufacturers & Traders. The Plug-in Van Grant, competitive running costs and increasing model choice continued to boost demand for battery electric vans (BEVs) ...
Read More »Chinese premium carmaker HiPhi expands in Europe
Chinese carmaker HiPhi has opened a HiPhi Hub in Oslo, its second in Europe following the opening in Munich earlier this year. The HiPhi Hub Oslo is located in Strømmen Storsenter, Norway’s largest shopping centre. HiPhi held a private reception for VIP guests in the HiPhi Hub followed, with a preview of the HiPhi Y, the next all-new model from ...
Read More »Number of people who say they will never buy EV doubles
The number of people claiming they’ll never buy an EV has nearly doubled following the government decision to move the ICE sale ban deadline to 2025. An Auto Trader survey found that 37% of car buyers say they’re unlikely to ever buy an EV, compared to 21% when the 2030 ban was originally announced in 2021. Those saying they ...
Read More »DEALER SURVEY: Government 2030 target was ‘unachievable’
Dealers had a lack of confidence in government that it could deliver the necessary support the industry needs to achieve the 2030 deadline ICE sale ban. That’s the view of the National Franchised Dealers Association (NFDA), which represents car and commercial retailers across the UK. It surveyed its members last month and found that 60% of dealers supported an alignment ...
Read More »SMMT calls for new government measures to drive EV sales to consumers
The Society of Motor Manufacturers & Traders (SMMT) is calling for more government incentives to drive EV sales to private buyers. Currently fleets and companies sales are pushing EV sales because of tax benefits but this is not happening in the retail market where sales are flat. The SMMT cites a new survey commissioned from Savanta which found that two ...
Read More »SAIC appoints new Maxus country manager for UK & Ireland
Shanghai Automotive Industry Corporation (SAIC) has appointed Richard Chamberlain as SAIC Maxus country manager for the UK & Ireland. Maxus isdistributed by Harris Group across right hand drive Europe. He joins SAIC from Stellantis where he was previously LCV Director for Stellantis UK and Country Manager for Fiat Professional. SAIC MAXUS will not be directly selling in the UK but ...
Read More »EV subscription company Onto goes into administration
Administrators have been appointed at EV subscription company Onto. On 11 September Jonathan Lees and Gavin Maher of Teneo Financial Advisory were appointed as Joint Administrators of Onto Holdings. The same day Gavin Maher and Ian Wormleighton were also appointed as Joint Administrators over selected Onto subsidiaries. Onto was founded in 2018 by co-founders Rob Jolly and Dannan O’Meachair, with ...
Read More »BLOG Right (and cost) to repair
A couple weeks ago, the UK Independent Automotive Aftermarket Federation (IAAF) signed up to the global Right to Repair movement’s position statement which promotes fair and open competition, and regulation rather than voluntary codes to force access to repair and maintenance information. This reflects the growing complexity of vehicles and the need for access to the vehicle data, and the ...
Read More »Vertu sees carmakers cutting EV prices in effort to shift volumes
Carmakers are discounting prices of electric cars and promoting finance packages to boost sales. That’s the view of Vertu Motors issued with a trading statement ahead of its results for the six-month period ended 31 August 2023. It delivered a trading profit above prior year levels, aided by the Helston acquisition which was completed in December 2022. Vertu anticipates that ...
Read More »Santander and MG Motor offer EV benefits scheme for customers
Santander Consumer Finance has extended its partnership with MG Motor to provide dealers with an EV benefits scheme for customers. The scheme applies to customers purchasing new electric vehicles (EVs) and plug-in hybrids (PHEVs) in time for the September plate-change. The EV Benefits Ecosystem is available to all customers choosing to finance their new cars with MG Motor Financial Services. ...
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