Kevin Griffin, the UK boss of KGM, which used to be called SsangYong, has expressed grave concerns over upcoming tax increases on vehicle excise duty set to take effect in April 2025. Speaking to The Sunday Times, Griffin urged the new Labour Party government’s Chancellor, Rachel Reeves, to reconsider her proposed tax hikes. “Stop murdering the motor trade. Because that’s ...
Read More »New car sales in 2024: Winners & Losers
The new car market in 2024 revealed winners and losers among carmakers as they battled for sales in a market skewed by the ZEV Mandate. Car makers that found the going tough include Ford, which fell -23.7% for the year followed by Stellantis owned Vauxhall which was down -21-4% for the period, followed by Porsche (-17.5%), Fiat (-14.1%) and Suzuki ...
Read More »NFDA calls for moratorium on ZEV Mandate for vans
The National Franchised Dealers Association (NFDA) has joined van manufacturers in calling for a moratorium on the ZEV Mandate for vans. Its commercial vehicle members back van manufacturers who have called for a short-term moratorium of the Zero-Emissions Vehicle (ZEV) mandate while welcoming the Government’s announcement, on 24 December 2024, of a consultation seeking industry input on supporting the transition ...
Read More »Dealers welcome consultation on ZEV Mandate
Car retailers and the motor sector have welcomed the government’s decision to launch a consultation on the ZEV Mandate. The Mandate has come under attack for the past 12 months for failing to support the manufacture and sales of electric vehicles. The consultation will look at the phasing out sales of new petrol and diesel cars from 2030 and and ...
Read More »Government launches consultation on ZEV Mandate
Transport Secretary Heidi Alexander has launched a consultation to ask views from industry on how to deliver on the manifesto commitment to restore the 2030 phase out date for new purely petrol and diesel cars and make the transition to zero emissions vehicles a success. The government said the consultation would restore “clarity” for carmakers and the charging industry and ...
Read More »BLOG ZEV Mandate, motor finance and the year ahead for dealers
You don’t need a crystal ball to anticipate some of the pressures that will face UK dealers in 2025 – a challenging economic backdrop, continuing upwards cost pressures, particularly on staff costs, electrification with the ZEV Mandate targets being ratcheted up another notch, and manufacturers continuing to try to find ways to get cost out of distribution – whether through ...
Read More »ZEV Mandate: A new deal in the pipeline?
By Guy Bird Almost one year into the ZEV Mandate a new deal is being sought by the industry and after the announcement of the closure of the Vauxhall Luton plant in 2025 and further dire warnings from the motor industry the UK Government might even be listening Industry and dealer disquiet at the Zero Emission Vehicle Mandate was voiced ...
Read More »Government to consult on ZEV Mandate targets
The Business Secretary Jonathan Reynolds has announced a consultation on the ZEV Mandate targets amid a huge backlash from carmakers. The government has said it will now consult on the targets, but will stick to the 2030 deadline for phasing out new petrol and diesel car sales. This week Vauxhall owner Stellantis said it was shutting its plant in Luton ...
Read More »BLOG Relaxation of EV sales quotas is ‘critical moment’ for dealers
The government’s potential relaxation of EV sales quotas is a critical moment for the UK’s electric vehicle market. While this step may ease immediate pressures on carmakers, as they have been requesting internationally, it’s crucial not to lose sight of the long-term goal: establishing a robust EV ecosystem that includes well-equipped, highly trained technicians to service these advanced vehicles when ...
Read More »ZEV Mandate targets will not be weakened says Transport Secretary
UK transport secretary Louise Haigh said she was in “listening” mode about the challenges posed by the ZEV Mandate but the government ambitions on ZEV would not be weakened. Haigh was speaking ahead of a meeting with Nissan today and further talks with the industry on Wednesday. “There are flexibilities in the current mandate, but we want to work with ...
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