Manufacturer insight - Page 35
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UK’s car manufacturing prospects ‘precarious’ after 2022’s 9.8% decline
The prospects of UK car manufacturing sector’s future has been labelled “precarious” as pressure mounts to accelerate investment in zero-emissions electric vehicle (EV) production following 2022’s 9.8% sector decline.
No more Stellantis UK network cuts despite ‘theoretical’ 40-partner plan
Stellantis UK managing director Paul Willcox has insisted that there will be no more cuts to the carmaker’s UK retail network, despite revealing a ‘theoretical’ 40-partner plan for the longer term.
Almost 80% of car buyers willing to switch brands to avoid waiting times
Increasing numbers of car buyers are ditching notions of brand loyalty in favour of shorter waiting times as the new car market’s stock shortage issues continue – with almost four fifths open to switching makes.
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.