News - Page 26
EV market faces deepening crisis as residual values plummet, finds ADS
Plunging residual values in the electric vehicle (EV) market are creating substantial financial challenges for leasing companies, manufacturers, and customers alike, according to Auto Data Solutions (ADS) which is warning of a prolonged impact on the sector.
TC Harrison and BCA forge three-year exclusive remarketing partnership
AM100 dealer group TC Harrison has entered into a three-year exclusive remarketing agreement with BCA which will see approximately 2,000 vehicles remarketed online annually through the auction house’s digital platforms.
Cap HPI speeds up fraud detection with enhanced clocking investigation tool
Cap HPI has re-engineered its National Mileage Register (NMR) investigation process to offer a faster and more efficient service for dealerships to help protect car buyers from mileage tampering, or “clocking”.
EV transition needs policy overhaul amid struggles to compete with China
A leading expert on automotive economics is calling for a comprehensive overhaul of UK policy, including incentives, infrastructure development and a clear industrial strategy to address domestic production woes and accelerate the EV transition.