The Society of Motor Manufacturers and Traders (SMMT) has said that a 'no-deal Brexit' would trigger a £2,800 uplift in electric vehicle (EV) prices and jeopardise the growing interest in green new cars.
The Finance and Leasing Association (FLA) is set to make submissions urging Government to extend its COVID-19 business lending and introduce tax incentives to boost the adoption of alternative fuel vehicles (AFV).
Ford of Britain chairman and managing director Andy Barratt has called for the UK Government to appoint a Minister for Electrification to “kick-start” and coordinate a comprehensive electric vehicle (EV) strategy.
Car dealers are among businesses across the UK who have been told that they must pay back any overclaimed funds from Government’s coronavirus job retention scheme (CJRS) – deleting any online claims made in error within 72 hours.
As the motor retail sector emerges nervously from lockdown, dealers are reporting that the shift towards a digitally-led sales model for new and used cars is progressing far more quickly than many might have imagined even just a few months ago.
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