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 »Auto Trader reveals used cars that lost and gained most value over past year
Auto Trader has revealed the used cars that have depreciated the most over the past year with many EVs badly hit. The average price of a used car generally was £17,732 in August, marking a 1.1% increase year-on-year (YoY). But the average price of a used EV was £31,618, down -22.6% YoY in August due to supply continuing to outpace ...
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 »Greater encouragement needed for used EVs says MotoNovo MD
Richard Jones, managing director at MotoNovo Finance, has highlighted the need for “concerted action” to encourage greater adoption of used BEVs. He said: “While I am pleased to see growth in used BEV sales, this must be set against the latest new car registration data, where BEVs achieved just a 10.9% market share. Used BEV supply is set to increase ...
Read More »NFDA CV highlights shortcomings in DfT EV van regulations
The NFDA’s Commercial Vehicle division has highlighted to the Department of Transport (DfT) key regulatory issues that are holding back the Electric Van market. The NFDA said that since 2018 the government has been aware of the need for a smooth transition to zero emissions light commercials by incorporating payload allowances for the weight of electric vans. However, ever since ...
Read More »JLR to recruit 300 EV production roles in the West Midlands
JLR has announced that it is recruiting 300 new technicians and test engineers in the West Midlands. The roles will support the growth of Range Rover production and development of next generation electric models. Of the 300 roles, 100 will be for maintenance technicians for the Solihull plant to operate and maintain production facilities in a new body shop costing ...
Read More »UK councils not up to speed on EV charging
Most UK councils do not have a published strategy in place for residential on-street charging for electric vehicles (EV) A study by Vauxhall has revealed that more than 70% of UK councils currently do not have a published strategy, leaving millions of potential EV drivers without a place to charge. The new findings from a Freedom of Information application across ...
Read More »Mercedes-Benz partners with Ohme for home charging
Mercedes-Benz in the UK has chosen Ohme as its new official home charging partner. The agreement will see Mercedes-Benz recommend Ohme chargers to customers who need a home charging solution. The Ohme Home Pro charger will be available in Mercedes-Benz showrooms for customers to view. “We are delighted to announce that we will be partnering with Ohme as our recommended ...
Read More »Kia UK hits 50,000 EV sales milestone in July
Kia UK hit the 50,000 EV sales milestone in July 2023. Kia sold 9,624 units in July across all models, its best July on record, including 1,555 fully electric vehicles, which pushed the total of Kia EVs sold in the UK to 50,614. The 50,000th Kia EV sold was a rear-wheel drive EV6 ‘GT-Line S’ in Runway Red, registered on ...
Read More »Young used EVs are outselling used diesels, says INDICATA
Used EV sales are outselling used diesels at less than two years old. According to the latest INDICATA Market Watch report, EVs accounted for 10.6% of used car sales in June compared with 9.2% for diesel for cars under two years of age. This marks a “swift and marked change” in the market that has seen electric cars struggle to ...
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