Used EVs have been described as ‘spectacular bargains’ after valuations have fallen so much, they have reached near-parity with petrol cars. The Kia e-Niro, Tesla Model 3 and MG5 were all...
Read more“Overall, the EV journey has been humbling,” Ford CEO Jim Farley has said. Last week, it scrapped plans for a three-row electric SUV, taking a $1.9bn hit, and also said it would cut the share of...
Read moreFORD CEO: EV JOURNEY ‘HUMBLING’ USED EVs NOW ‘SPECTACULAR BARGAINS’ NOTTINGHAM ARENA RENEWS MOTORPOINT NAMING RIGHTS AUTO RETAIL LIVE TO HELP RETAILERS HIT TARGETS AUSTRALIANS GET ‘RIGHT TO...
Read moreMore than half of auto retailers say they disagree with the proposed reinstatement of the 2030 ban on the sale of new petrol and diesel cars, reveals Auto Trader research. The new Labour government...
Read moreRETAILERS DISAGREE WITH 2030 ICE BAN REVIVAL FIRE AT WALES’ ‘LARGEST CAR SUPERMARKET’ COX WARNS H1 USED CAR GROWTH ‘UNLIKELY TO CONTINUE’ ASBURY IN ‘FASTEST GROWTH’ – AND FTC PROBE...
Read moreLiam Butterworth, boss of driveline giant Dowalis (formerly known as GKN) has dismissed EV sales targets and predicted that even by the mid-2040s, “we’ll still be probably around 50% of new...
Read moreMORE DOUBT OVER 2030 EV PLEDGE NFDA TO REVEAL HUGE SATISFACTION IN FRANCHISED RETAILERS FORD UK WORKERS VOTE TO STRIKE COX TO LOWER 2024 SALES FORECAST CHINA TAKES EU EV TARIFFS TO WTO CHINA JULY...
Read moreFCA PLEDGES TO CUT RED TAPE CAZOO: ‘AGGRESSIVE EXPANSION’ A FACTOR IN FAILURE LITHIA UPS STAKE IN PINEWOOD MOTORCYCLE RETAILERS DISSATISFIED, NMDA SURVEY REVEALS LITHIA Q2 RECORD REVENUE BUT...
Read moreAs auto retail ZEV Mandate pressures continue to mount, Birmingham University business economics professor David Bailey has slammed UK EV policy as being a “shambles… the industry and consumers...
Read moreINDUSTRY AWAITS LABOUR PLANS FOR UK EV POLICY ‘SHAMBLES’ FCA’S SHELDON MILLS PROFILED KPMG LOSES PINEWOOD MOTORPOINT’S CARPENTER SELLS 100,000 SHARES CINCH FD REMAINS IN PLACE FIRST CHINESE...
Read moreGRAVELLS SEES PROFIT ALMOST DOUBLE IN 2023 DIESEL RVs SET TO RISE FORMER VERTU NON-EXEC KEN LEVER JOINS MARSTON’S MOTORPOINT U-TURN IN CUSTOMER ROW AFTER MEDIA EXPOSURE MG AND NIO THREATEN PRICE...
Read moreDAY’S MOTOR GROUP AND WADDELL RESULTS VAN MOSSEL BRAND GOES LIVE IN UK SMMT’S MIKE HAWES MADE OBE CINCH ENDS TOTTENHAM HOTSPUR SHIRT SPONSORSHIP RENAULT RETAIL’S SCOTT KILBOURN NOW CFO OF...
Read morePro-EV lobbying and data NGO New Automotive has joined a growing number of firms criticising the way SMMT reports retail electric car demand, claiming falling private demand for EVs is a “myth based...
Read moreCAR INDUSTRY ‘WRONG ABOUT FALLING RETAIL EV DEMAND’ MOTOR TRADE ‘A JOB BRITS DON’T WANT TO DO’ AFI REBRANDS AS AUTOMOTIVE LEADERSHIP NETWORK FLEETS CALL FOR OEMS TO SOLVE 12V BATTERY ISSUES...
Read moreCHINESE EV ADVANCE SLOWS … BUT MORE NEW ENTRANTS DUE THIS SUMMER JOHN GROSE AND DICK LOVETT RESULTS RETAILERS ‘REMAIN A CORNERSTONE’ FORD PAUSES EV CERTIFIED RETAILER PROGRAM US RETAILER...
Read moreThe Biden administration plans to raise tariffs on Chinese EV imports from 25% to 100%. The move is expected to be announced on Tuesday. The tariffs would build on the 25% tariff initiated by former...
Read moreCOX ‘CAUTIOUSLY OPTIMISTIC’ ABOUT USED CARS IN 2024 UK URGED TO AVOID US 100% TARIFFS ON CHINESE CARS FOS HAS 20k MOTOR FINANCE COMPLAINTS AUTO RETAIL LIVE BUSINESS BAROMETER CHINA RETAILERS DITCH...
Read more1 in 10 new EVs are being sold with a discount of 20%, new research from Auto Trader has revealed – to offset list prices that are, on average, 33% higher than ICE equivalents. The research found...
Read moreEV DISCOUNTS MOUNTING AS OEMS AIM FOR 22% MIX AUTO RETAIL LIVE BUSINESS BOOSTER CHIPPENHAM KIA ON SALE FOR £5m KIA EV EDUCATION AT RETAILERS US PUBLIC RETAILERS IN PROFIT PRESSURE 10 ASBURY RETAILERS...
Read moreSUBARU EMBRACES RETAILERS IN RENEWED PUSH RNLT: RENAULT’S NEW URBAN STORE CALL FOR SCRUTINY OF UK REGULATORS INCLUDING FCA BUSSEYS FORD MARKS 100 YEARS – AND BYD JOINS FORD IN SHEFFIELD EV SALES...
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