• Car sales tipped for 2023 recovery

    • 18 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    New analysis is predicting that car sales in Europe could rebound slightly in 2023 According to Bloomberg Intelligence, car sales will suffer a third year of annual decline in 2022, but could recover in 2023 as supply constraints ease Gillian Davis, industry analyst (Autos), said: “European car sales climbed [...]
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  • Nearly half a million EVs to join UK roads in 2023

    • 13 January 2023
    • Posted by: Simon Wait
    • Category: News
    An estimated 448,000 new battery electric vehicles (BEVs) will be registered in the UK in 2023, according to DriveElectric The EV leasing company says this is a significant increase from the 267,203 BEVs registered in the UK in 2022, and represents a 249% market share It has based this forecast on a number of [...]
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  • Tevva secures European approval for electric truck

    • 12 January 2023
    • Posted by: Simon Wait
    • Category: News
    British electric vehicle manufacturer Tevva has announced that it will begin producing its 75 tonne battery-electric truck in volume after securing European Community Whole Vehicle Type Approval (ECWVTA) It becomes the first British company to receive the approval and is now expecting to sell upwards of 1,000 [...]
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  • Car production up in October

    • 25 November 2022
    • Posted by: Alan Feldberg
    • Category: News
    UK car production returned to growth in October, rising 74% to 69,524 units According to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT), production rose for both home and overseas markets, up 125% and 63% respectively However, October’s performance was still 484% down on [...]
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  • EV finance surges by 1062%

    • 27 September 2022
    • Posted by: Alan Feldberg
    • Category: News
    New research has underlined the pace of electrification within the UK car parc According to Volkswagen Financial Services UK (VWFS), annual finance cases for electric vehicles (BEV/PHEV/HEV) surged 1062% from July 2019 to July 2022 Furthermore, the percentage of electric vehicles financed by the car finance [...]
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  • Car registrations hit the skids in June

    • 6 July 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    Figures from the Society of Motor Manufacturers and Traders (SMMT) found that UK new car registrations fell 243% in June to just 140,958 units That makes it the weakest June performance since 1996 Declines were most significant in large fleets, which recorded a 276% fall in registrations, while private consumer [...]
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  • LCV registrations still on the slide

    • 6 July 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    The UK new light commercial vehicle (LCV) market declined for the sixth consecutive month in June, falling 23% to 26,443 units That continues the trend throughout 2022, with LCV registrations down by 246% in the first six months compared with the same period last year According to the Society of Motor [...]
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  • Car production picks up in May

    • 30 June 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    UK car production grew for the first time since June 2021 in May, up 133% According to figures released by the Society of Motor Manufacturers and Traders, 62,284 units were produced in the month However, output remains 463% below the pre-pandemic month in 2019, with ongoing supply chain issues, increasing [...]
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  • Registrations tumble despite record BEV month

    • 5 April 2022
    • Posted by: Alan Feldberg
    • Categories: Featured, News
    UK new car registrations fell by 143% to 243,479 units in March, according to the Society of Motor Manufacturers and Traders (SMMT) Despite strong order books, ongoing supply chain shortages continued to squeeze supply during what is normally the industry’s busiest month This is, therefore, the weakest March [...]
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  • LCV sales dip six per cent

    • 7 March 2022
    • Posted by: Alan Feldberg
    • Category: News
    UK light commercial vehicle (LCV) registrations fell six per cent to 16,165 units in February compared with the same month last year, when pent-up demand saw the market grow 22% The Society of Motor Manufacturers and Traders (SMMT) reports that despite the global shortage of semiconductors and rising economic [...]
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