Ford outlined its plans to roll out the agency model across Europe to dealers attending the Bring On Tomorrow Live event in Copenhagen, Denmark. It said that research showed 77% of car-buyers prefer fixed prices, so that they know upfront how much they will pay, and for what. Ford has already introduced transparent pricing in the Netherlands and plans to ...
Read More »Automechanika Birmingham hosts EV Training Academy for technicians
Automechanika Birmingham is to hold an EV Training Academy at the NEC exhibition 6-8 June 2023. In partnership with the Institute of the Motor Industry (IMI) and Our Virtual Academy (OVA), the EV Training Academy will provide a series of 30-minute training sessions throughout each day of the trade event. With two demo vehicles on display, attendees can get hands-on ...
Read More »Chinese BYD is fastest growing carmaker worldwide
Chinese carmaker BYD was the fastest growing OEM in 2022 according to the latest figures from Jato Dynamics. The Chinese brand, which is now being sold in the UK iby LSH Auto and Pendragon, followed Tesla as the world’s second best-selling BEV manufacturer, with a volume increase of 184%, to more than 911,000 units in 2022. According to Jato Dynamics ...
Read More »SMMT lowers forecast for BEV sales in 2023 in overall “bullish” market
The official forecast for BEV sales has been revised downwards because of high energy costs and a lack of charging infrastructure. The Society of Motor Manufacturers & Traders said overall it has revised the quarterly market outlook upwards the first positive revision since 2021, with 1.83 million new car registrations expected in 2023, up from 1.79 million anticipated in January. ...
Read More »Arnold Clark to install 500 electric chargers at dealerships
Arnold Clark is to install 500 electric vehicle chargers across the UK in an investment worth £23m. Its customers will have access to the “Arnold Clark Charge” network, which will be available to book safely and securely on a 24/7 basis. Eight rapid chargers, with the ability to charge up to 150kW, will be installed at larger branches, with four ...
Read More »Chinese cars: “Dealer opportunities could be significant”
Back in 2007, the idea of Chinese carmakers exporting their ‘own-brand’ products to the UK seemed somewhat fanciful, even though MG had been bought by Nanjing Automobile Corporation (NAC) the previous year and veteran British car salesmen – including Paul Williams, then MD for Landwind’s European operation – were talking up their plans. Although Williams conceded back then there was ...
Read More »Used EV stocks ‘plummet’ in line with price falls
The number of days it takes used EVs to sell has fallen from 169 days to 69 days between January and early April. That’s the view of Indicata and its Used Car Market Watch report which said the fall was caused by a reduction in used car prices of 19.9% over the period. In March EVs accounted for 2.96% of ...
Read More »Tesla Model Y is biggest selling vehicle in Europe in Q1
The Tesla Model Y was the most registered new passenger car of March and Q1 2023 in Europe. While the electric SUV led a monthly ranking previously, March 2023 marks the first time that the model has topped the year-to-date ranking, according to figures from Jato Dynamics. This signals a significant difference from Q1 last year, when the Model Y ...
Read More »New EV market in ‘precarious’ condition with falling demand
The new EV market is in a precarious condition with more incentives, information and equity needed to boost sales. That’s the key finding of then latest Auto Trader Road to 2030 report which found interest in new electric vehicles (EVs) has dropped by 65% since the beginning of 2022. It concluded that demand had been dented by the rising ...
Read More »Chinese car brand HiPhi to launch in Europe
carmaker HiPhi is launching in Europe next year with UK sales a possibility thereafter. The brand revealed the third model in its line-up at the Shanghai Motor Show while announcing plans to shift into Europe. The new HiPhi Y will join the dual flagship models, X and Z, with plans for the first HiPhi customer cars on European roads within ...
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