Manufacturer insight - Page 11
Carmakers bullish about EV future despite £15,000 per car mandate fines
Stellantis and Ford remain bullish about their electrified future despite the UK Government’s threat of £15,000 per car fines for OEMs who breach its proposed electric vehicle (EV) sales mandate.
Car production growth shows UK automotive is ‘road to recovery’, says SMMT
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said the UK’s car manufacturing sector is “on the road to recovery” following a 13.1% growth in production volumes in February.
Rainworth Motor Group targets expansion after Skoda Retailer of the Year win
Rainworth Motor Group is on the lookout for “sleepy” car retailers in need of operational improvement as it targets growth through acquisition after winning Skoda UK’s Retailer of the Year award.
Could PHEV fever be set to spread through the UK car retail sector?
Plug-in vehicles accounted for almost a quarter of all new car sales in February, with year-on-year growth achieved by both pure battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs).
SsangYong signals ‘paradigm shift’ towards EVs and AI with KG Mobility name change
SsangYong Motor Company has indicated that a name change to KG Mobility indicates a “paradigm shift” in the business which will bring a greater focus on electric vehicles (EV), autonomous cars and artificial intelligence (AI).