Car buyers are less confident about purchasing EVs following the Autumn Budget, according to JudgeService. Nearly half (46%) of respondents said they were not more confident about buying an EV while nearly a quarter (23%) said they were more confident. Neil Addley, MD of JudgeService, said: “The Autumn Budget presented the government with a golden opportunity to accelerate EV uptake, ...

Lloyd Motor Group has acquired Stratstone Tyneside BMW & MINI, now renamed Lloyd North Tyneside BMW & MINI, effective 29 October. Located just outside Newcastle on Silverlink Shopping Park, customers can visit the newly acquired centres on Bittern Close, Silverlink Park, NE28 9ND. Lloyd Motor Group’s MD, Sam Lloyd, said: “We are thrilled to add such an exciting location to ...

The used car market is set for a strong finish to 2024, according to Auto Trader. The average price of a used car last month was £16,408, down -7.4% YoY on a like-for-like basis but the lowest annual decline since December 2023. Richard Walker, Auto Trader’s Data & Insights Director, said: “It’s good to see retailers showing more confident pricing ...

Drive Motor Retail, will open a new MG dealership in Leamington Spa on 1 November. The showroom will showcase five of the latest MG models and complement Leamington Spa’s existing Vauxhall site. Blake Carter, sales manager at MG Leamington Spa: “As we prepare to open Drive MG in Leamington Spa, I’m excited to step into my role as Sales Manager ...

Used BEV prices rose by 0.6% between the beginning of September and early October, according to INDICATA. Used BEV prices rose by 0.1% over a 3 ½-month period between July and mid-October, stabilising after months of falling prices. Dean Merritt, INDICATA UK’s head of sales, said: “All the signs from our latest Market Watch report are that demand and prices ...

What Car? has named the Volvo XC40 (2018-present) the UK’s best used car. The XC40 was crowned the winner after judges praised its high-quality interior, superb refinement and family-friendly practicality. What Car? used cars editor Mark Pearson, said: “The task of picking out one winner can often be a daunting one for our panel, but this year the voting was ...

Cox Automotive director of dealer development Daniel Boakes (pictured right) is leaving to join Carwow as Sell My Car commercial director. Boakes was promoted to the role of director of dealer development in 2022 and spent a total of 11 years with Cox Automotive. In a post shared on LinkedIn, he said: “Leaving Cox Automotive is truly bittersweet. I have ...

Holden Kia Norwich will be refurbished to reflect Kia’s latest brand evolution and style which was introduced at the start of 2021. Work will begin in mid-November and the showroom will reopen in February. Holden Kia will be open for business as usual throughout the refit. Martyn Webb, Holden Group MD said: “This is a once-in-a-generation refit that truly showcases ...

UK car production output declined by -20.6% in September, according to the Society of Motor Manufacturers and Traders (SMMT), as 70,039 units rolled off production lines. The decline was expected as factories wind down production of current models and turn their attention to zero emission vehicles. Around 21,309 electrified models were made in September, representing 30.4% of all cars produced despite ...

Omoda and Jaecoo franchised dealers will benefit from CitNOW Group’s integrated CRM to manage all customer showroom activity delivered through its Dealerweb platform. CitNOW Insights will allow retailers to make data-driven decisions that enhance operations and profitability. Victor Zhang, Executive Vice President of OMODA&JAECOO UK, said: “We have strong growth plans for the UK, supported by an expanding retail network ...