Motor Trader has revealed the latest update on the MT Retailing EXPO agenda which takes place in Silverstone on 17 October. Billed as the ultimate event for the car industry, the event is targeted at dealers with exclusive access to keynote speakers from big name companies, including Microsoft and Savills, who will reveal their secrets and tips for success. Award-winning ...
Read More »MG reveals pricing and specification for MG4 EV Extended Range model
MG Motor UK has revealed pricing and specification of its new MG4 EV Extended Range model. Claimed to be capable of up to 323 miles on a single charge (WLTP), the MG4 EV Extended Range hatchback is available from £36,495. The Extended Range’s more powerful 180kw electric motor is said to offer better performance, with the 0-62mph time now sharpened ...
Read More »Dealers expect incoming Chinese brands to succeed in the UK
Franchised car dealers expect Chinese brands to secure a “significant share of the UK’s new car market” within the next five years. According to carwow, expectations are that Chinese brands will establish a modest foothold over the coming year, but their market share will increase markedly thereafter. Only 13% think Chinese brands won’t be successful in the UK. The survey, ...
Read More »EV brands Polestar, Tesla and MG sales surge in July
July saw strong performances from many EV brands with sales accelerating hard. Polestar saw registrations surge 574% to 3,141 units during the month while Tesla saw 3,141 cars registered compared to just three units in July last year, according to figures from the Society of Manufacturers & Traders. MG continued with its strong record with sales up 97.3% to 6,070 ...
Read More »New car market surges 28% in July, fleet sales rocket 62%
The new car market surged 28.3% in July with 143,921 new vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). It was the best July performance since 2020, when pent-up demand for new cars was unleashed following three months of lockdown during the pandemic. Registrations by large fleets rocketed 61.9% to 80,961 units ...
Read More »Demand for EV extended warranties grows
Demand for EV extended warranties showed “significant growth” in the five years to 2022, according to research from Intelligent Motoring. Analysis of extended warranty quotes-to-buy requests through Intelligent Motoring revealed those for Alternative Fuel Vehicles (AFVs) grew by 575% in 2022 compared to 2017 from a low base. In contrast, quotes for Internal Combustion Engines (ICE) vehicles increased by 97% ...
Read More »BYD appoints City West Country Group in Exeter
Chinese carmaker BYD has appointed City West Country Group to represent the brand in Exeter. BYD sold over 1.8 million vehicles in 2022. Its line-up includes the ATTO 3 SUV and the Dolphin hatchback. City West Country Group is ranked 64 in the Motor Trader Top 200 Dealer Groups with annual turnover of £245.1m. IT represents Mercedes-Benz, Smart, Ora Funky ...
Read More »Fleet company rejects dealers because of EV shortcomings
Salary sacrifice specialist Fleet Evolution is now rejecting 40% of dealers who apply to join its network because of lack of EV specialists and inadequate handover procedures. The company, which has 1,400 vehicles on its books, said dealers could do a “far more effective job” in tackling the ‘knowledge gap’ around electric cars that exists amongst new car buyers and ...
Read More »Customer service ‘main source’ of discontent with EVs
The Motor Ombudsman has reported a small rise in the volume of complaints submitted by consumers about electric vehicle (EV) in Q2. Motorists logged a total of 291 cases with The Motor Ombudsman’s Alternative Dispute Resolution (ADR) service, compared to 273 in the first quarter. Consumer concerns in relation to the customer service received from a business, and at the ...
Read More »Interest in new electric cars “well below” last summer
Online classified platform Auto Trader said yesterday that interest in new electric vehicles is well down on last summer. The group showed internal data in the lead up to June showing the extent of decline in interest over the past year. Interest was at its height in July 2022 before falling to a low in March this year. It has ...
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