Manufacturer insight - Page 33
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Tesla price cuts crank-up used values pressure and trigger 'ill-feeling' among customers
Tesla has triggered "ill-feeling" among customers and cranked-up pressure on residual values with the decision to slash its elelctric vehicle (EV) prices across the US and Europe.
Harwoods welcomes ex-Volvo MD Jon Wakefield as CEO and targets tech 'revolution'
Harwoods Group has appointed former Volvo Car UK managing director Jon Wakefield as chief executive as it prepares for a 2023 transformation that will “revolutionise the automotive industry”.
Brothers Harry and Neal Grainger start new car retail group with Mantles Kia acquisition
Car retail brothers Harry and Neal Grainger have officially become business partners with the acquisition of Mantles Kia Royston – paving the way to the creation of a new dealer group.
UK automotive ‘adrift of pre-pandemic performance’ after 2% 2022 registrations dip
The UK automotive sector remains “adrift of its pre-pandemic performance” after an acceleration in December new car registrations failed to arrest a full-year decline – ending 2022 down 2% at 1.61 million units.