Tag Archives: ICE

The first quarter of the year presents a prime opportunity for dealerships to boost annual sales, but real growth will only come from increasing electric vehicle (EV) sales. However, most marketing efforts fail to engage the largest untapped audience – the 80% of potential buyers who don’t yet see themselves as an EV owner. Search data consistently shows that demand ...

The decline in the BEV-ICE price gap has led to greater uptake of EVs in Europe as models become more accessible and affordable. But despite this, the high cost of Western BEVs remains a barrier to entry for consumers, while Chinese manufacturers now offer electric cars for as little as €3,250 in China, according to the latest figures from Jato ...

The core of ICDP’s activities is our collaborative research programme which has been running for over thirty years at a European level. This brings players from across the distribution sector – sales and aftersales, manufacturers, dealers, parts distributors and suppliers of services and technology – together to develop a better understanding of the challenges facing us all, and how to ...

Petrol and diesel cars are written off at over double the rate of fully electric vehicles, according to a new study by automotive data experts at cap hpi. The study, which examines data from 2015 to August 2024, found 0.9% of EVs under five years old have been written off, compared to 1.89% of petrol and diesel vehicles. A similar ...

The automotive industry faces “critical challenges” as it transitions from Internal Combustion Engine (ICE) to Battery Electric Vehicles (BEVs). That’s the view of Lee Swinerd, director and head of automotive at financial advisory firm Interpath, writing in Cox Automotive’s latest Insight Quarterly. The cost of BEVs and ongoing concerns over charging infrastructure have softened demand in Western Europe and North ...

I had some time off last week in order to complete various bits of work around our house.  I won’t bore you here with all the challenges faced but I was reminded of discussion I had many years ago with Sir John Egan, the former Chief Executive of Jaguar Cars, who then went on to the same position at the ...

The Vehicle Remarketing Association (VRA) said the switch back to a 2030 deadline on the sale of  petrol and diesel cars was questionable but plans for a government-backed battery health check were welcome. The original 2030 deadline was moved to 2035 by the current government but both Labour and the Liberal Democrats manifestos have put 2030 deadlines in their election ...

Price is by far the most important consideration for buyers when it comes to purchasing a vehicle, according to motor dealers. The latest Forecourt Foresight research from Close Brothers Motor Finance reveals that over three quarters (77%) of motor dealers see price as the key consideration for their customers. In sharp contrast just one in ten dealers (11%) say fuel ...

Prices of some used BEVs (Battery Electric Vehicles) and ICE cars started to reach price parity in Q1 2024, according to Indicata. In a White Paper called “Reaching used BEV and ICE car price parity” the white paper tracks the used retail car prices of all fuel types from 2020-2024, and importantly the highs and lows of used BEVs. This ...

Falling EV values stabilise once they reach price parity with their ICE equivalents, the Vehicle Remarketing Association (VRA) heard. EV pricing, fleet remarketing trends and remarketing logistics were discussed at the VRA’s March meeting. Discussions centered on EVs achieving price parity with their ICE equivalents. Andy Shields, global business unit director of Indicata, said: “This effect appears to have some ...