Electric vehicles are showing the biggest price drops, with a 2% MoM fall from £25,683 to £25,177 and a YoY fall of 13% from £28,829. Three Tesla models are included in the five biggest price falls in February, according to Motors Market View. The biggest price drop was the all-electric MINI hatchback (3 to 4 years), down 5.6% to £14,249. ...
Read More »Tesla January sales fall by 45% in Europe says trade body ACEA
Sales of Tesla cars in Europe went into freefall in January, down -45.3% to 9,945 cars, compared to 18,161 the prior year with market share falling to 1% from 1.8%. The total market fell by just -2.6% for January, according to figures from the European carmakers’ association ACEA. The move was interpreted by some as a negative kick back from ...
Read More »Tesla global sales see first decline in a decade
Tesla has experienced its first decline in vehicle sales in ten years with 1.79 million vehicles in 2024, a 1.1% decline year on year. This downturn occurs amidst increasing competition, particularly from Chinese rival BYD, which has seen its electric vehicle (EV) sales increase significantly. In contrast to Tesla’s performance, BYD sales reached 1.76 million units, up by 12.1% year ...
Read More »Tesla Model Y tops Carwow BEV search rankings in 2024
Family SUVs dominated carwow’s annual new-car interest rankings, with the Kia Sportage topping the list of models configured most frequently. In second place was the Hyundai Tucson, a model built on the same platform as the Sportage. Another family SUV, the Volkswagen Tiguan, claimed the final podium spot for new cars configured most often on Carwow. The highest-placed battery electric ...
Read More »Sales of Chinese BEVs surge across Europe in November
Registrations of BEVs by Chinese carmakers surged across Europe in November, almost equalling those of market leader Tesla. According to Jato Dynamics the standout performances of the month came from China’s automakers, which combined registered more than 24,100 units of BEVs in November (including Volvo, Polestar and Lotus), just behind Tesla. China’s automakers increased market share in the BEV category, ...
Read More »Honda and Nissan hold merger talks
Honda and Nissan are reportedly in talks for a merger aimed at enhancing their competitiveness in the electric vehicle market. According to a report by the Japanese newspaper “Nikkei,” the two companies are planning to sign a memorandum of understanding aimed at exploring the establishment of a new holding company. This move is seen as a strategic effort to make ...
Read More »Tesla Cybercab to be displayed at London Tesla store
The Tesla Cybercab will be displayed at the Tesla store in London Westfield from 20th November until 8th December. It has been reported that the vehicle will be available for purchase in 2026 for less than £23,000. It is a two-seater fully autonomous robotaxi with no steering wheel or pedals. It is accessible to anyone via the Tesla app. Once the robotaxi ...
Read More »Steve Young Blog: Is the sun setting on global automotive?
I feel fortunate to have spent most of my working career in a period when the automotive industry and the world at large have been pursuing a path of globalisation. As a car enthusiast I can look back or see at classic car shows examples of products that were very much a reflection of the culture of a specific country ...
Read More »October new car sales: Winners & Losers
The new car market in October saw a raft of companies showing double-digit growth, according to the latest figures from the Society of Motor Manufacturers & Traders. In a market that overall saw sales fall -6% for the month with a -12% decline in retail sales, BYD showed the biggest rise – from a low base – with a three-fold ...
Read More »Tesla reveals its longest-range Model 3
Tesla’s new Model 3 long range rear-wheel drive is available in the UK with prices starting at £44,990. Customer deliveries will begin next month. The latest addition to the Model 3 lineup offers a range of 436mi (WLTP) and a consumption of 20.1kWh per 100 miles. A single charged could sustain more than a week of commutes. With estimated fuel ...
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