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Used car values fall again in November
- 05/12/2023
- Posted by: Alan Feldberg
- Category: News
Auto Trader data has found that average used car retail prices contracted 3.8% on a year-on-year in November. This is the third consecutive month of falling prices, with a fall in retail prices among younger aged models pulling the overall figure down; cars aged below five-years-old recorded a six per cent drop in [...] -
CV production up 59% on 2019
- 04/12/2023
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle (CV) production surged 47.1% year-on-year last month, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). It reported that 12,853 vans, buses, trucks, coaches and taxis rolled out of factory gates, up 4,113 units on last year to make this the [...] -
Car production surges by nearly a third
- 01/12/2023
- Posted by: Alan Feldberg
- Category: News
UK car production output surged 31.6% in October, according to the Society of Motor Manufacturers and Traders (SMMT). In the eighth month of growth this year, 91,512 units were produced making this the best October performance since 2019. Production for both the home and overseas markets grew, up 23.9% and [...] -
Nissan confirms £1.2bn Sunderland investment
- 27/11/2023
- Posted by: Alan Feldberg
- Category: News
Nissan has announced it will build the electric Qashqai and Juke models at its Sunderland plant, following an investment of around £1.2bn. The site already manufactures the electric Leaf. The news is expected to secure the future of about 6,000 jobs, alongside many more in the supply chain. This comes on the [...] -
Repairify expands technical team
- 27/11/2023
- Posted by: Alan Feldberg
- Category: News
Following the creation of its Luton-based technical centre of excellence in November 2022, Repairify is expanding its workshop operation with the appointment of two new technicians to meet the growing demand for electric repairs and training. Richard Davis and Toby Anderson have both joined the site, while lead [...] -
EV infrastructure deals set to soar
- 24/11/2023
- Posted by: Alan Feldberg
- Category: News
A global survey is predicting that EV infrastructure deals over the next five years will reach a value of £45bn. According to a report by DLA Piper, compiled with the support of Infralogic, the trajectory of these deals has been on a sharp upwards trajectory since 2019. There were only nine EV infrastructure deals [...] -
EV discounts surge by 323%
- 24/11/2023
- Posted by: Alan Feldberg
- Categories: Featured, News
Discounts on new electric vehicles increased by 323% between November 2022 and October 2023, according to new figures from What Car?. By comparison, discounts for petrol and diesel models grew by 122.7% and 122.5% respectively. The discounting trend extended to PCP finance deals, with monthly payments on EV [...] -
Demand spikes for used EVs
- 22/11/2023
- Posted by: Alan Feldberg
- Category: News
The average price of a used car fell one per cent in mid-November, according to Auto Trader data but demand remains strong, particularly for alternatively fuelled vehicles. It found that customer demand is up 6.9% on November 2022 while supply is up just 3.2% It’s a largely similar picture across fuel types, [...] -
Fix Auto Penzance installs EV chargers
- 20/11/2023
- Posted by: Alan Feldberg
- Category: News
Fix Auto Penzance has installed a bank of electric car chargers available to colleagues and customers alike. Directors Stuart and Joel Cameron have installed two 40 KW fast charge DC units along with a 20 KW AC fast charger that EV drivers can access without any cost to the business. Joel Cameron said: “EVs [...] -
HGV sales gather momentum
- 17/11/2023
- Posted by: Alan Feldberg
- Category: News
British demand for new heavy goods vehicles grew by 14.9% in the third quarter with 11,531 trucks joining Britain’s roads. According to the Society of Motor Manufacturers and Traders (SMMT), this makes it the UK’s sixth consecutive quarter of growth and the greatest number of new HGV deliveries in any quarter [...]