Manufacturer insight - Page 33

Tesla has risked further hit to used car residual values and increases to monthly finance payments with further price cuts to certain models in its electric vehicle (EV) line up.

WR Davies has revealed plans to open a new Nissan dealership and expand its existing Ford operation in Rhyl with the creation of a Transit aftersales centre.

EV-focused Chinese brand GWM Ora has established a UK beachhead with AM100 dealers and is set to expand its territory carefully, reports AM editor Tim Rose

Bells Motor Group has emerged from the annual Volvo Car UK franchised dealers awards with the National Volvo Retailer Group of the Year title.

Volkswagen Group, Nissan and Dacia were among the new car market’s triple digit percentage growth winners as car manufacturers celebrated a seventh month of UK automotive sector growth in February.

The UK’s new car market experienced a 26.2% year-on-year rise in registrations to register a seventh consecutive month of growth, The Society of Motor Manufacturers and Traders (SMMT) has reported.

Volkswagen refreshed the design of its ID 3 electric vehicle (EV) two years after it became the debut model in a new range of zero-emissions models.

Marshall Motor Group secured Hyundai Motor UK’s group and retailer of the year awards as the Korean car brand celebrated its top performing franchisees.

Ashley Andrew, current managing director (MD) at Hyundai Motor UK, has been appointed to the role of president with immediate effect.

Jaguar Land Rover (JLR) owner Tata Motor is said to be demanding over £500 million of Government funding to help establish an electric vehicle (EV) battery factory in the UK.

Genesis has begun conversations with potential car retail partners across the UK ahead of a growth push to establish a physical footprint of up to 20 dealerships.

BMW has launched a fleet of iX5 Hydrogen SUVs into its European markets as it steps-up its plans to diversify its alternative fuel vehicle (AFV) offering.

UK-based electric vehicle (EV) battery producer Britishvolt has been acquired by Australian start-up Recharge Industries.

Europe’s established car manufacturers should be braced for an electric vehicle (EV) “price war” ahead of an influx of new brands in 2023 and beyond, according to Grant Thornton.

BMW has launched a new entry-level variant of its i4 GranCoupe electric vehicle (EV), offering buyers a potential saving of almost £8,000.

Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has admitted that the UK car manufacturing sector needs a new "pitch” to remain competitive with global rivals.

Vehicle production at Jaguar Land Rover’s Halewood car production line could be halted after more than 150 workers voted to strike over job and pay cuts, Unite the Union has claimed.

Jato Dynamics has suggested that Europe’s new car registrations volumes may never recover to pre-pandemic highs following 11% year-on-year growth in January.

Bentley will stop producing its flagship W12 engine next year as it switches focus to electric powertrains.

Stellantis chief executive Carlos Tavares is targeting a “transformative journey” towards electrification in the US after revealing record 2022 financial results for the car manufacturing giant.

Brindley Group is set to introduce a host of eco-friendly measures to reduce its carbon footprint when it commences the £2 million redevelopment of its Kia dealership in Wolverhampton.

Mercedes-Benz UK’s first month on the new direct to consumer distribution model, and agency contracts, highlights the need for ‘agile’ vehicle pricing, despite fixed price promises

Deep analysis of 2022's UK new car market shows parental lineage gives no guarantees when ambitious new car brands like MG and Kia can go the distance

Suzuki has appointed Takanori Suzuki as its new managing director for the UK and Republic of Ireland.

Supercar brand Automobilii Lamborghini will mark its 60th birthday in 2023 with a schedule of events backed by the carmaker and its retailers.