Tag: UK Car Market

NFDA 2024 survey reveals high EV satisfaction among franchised dealers

The NFDA 2024 survey reveals 92% satisfaction with franchised dealers, with 46% purchasing from them.High EV prices deter 55% of respondents, with concerns also about battery life and infrastructure.Interest in EVs is highest among...

The UK’s call for EV incentives: Electric vehicle sales reliant on fleets in February 2024

February 2024: UK’s new car registrations surge to 84,886, marking a 14.0% YoY increase.Industry urges government for EV incentives in the Spring Budget for collaboration and support.Shift in the automotive landscape: Rising EV sales...

Electric vehicle surge marks transformative year in UK automotive sector

UK automotive sector surges by 17.9% in 2023, led by fleet investment.Record BEV volumes, but market share drops to 16.5%, prompting calls for a 3-year VAT cut.SMMT CEO urges government support for a green...

All change: Electrifying the UK car market

Guest editor: Catherine Faiers, COO, Auto Trader This year we’ve seen new players enter the market and soaring demand for used electric cars thanks to price declines, but we’ve also seen an extension to the...

The UK car market is going electric: New AutoMotive’s market report

UK car market sees electric surge, dropping to 50% petrol/diesel share.Ben Nelmes champions electric cars amid consumer-driven shift.Regional dynamics, struggles of Chinese brands, and impending ZEV mandate reshape the automotive landscape.Electric vehicles push the...

UK’s new car market grows, but should slight drop in BEV registrations cause concern?

18.9% increase in battery electric vehicles (BEV), with 45,323 registrations.Concerns rise as private BEV purchases drop by -14.3%, emphasizing the need for incentives.Industry urges support mechanisms to boost consumer confidence in adopting electric vehicles.Is...