new car market - Page 2
Car availability and choice at risk as EV targets reshape market
The transition to electric vehicles (EVs) - driven by strategic shifts among legacy manufacturers and competition from new entrants - could lead to reduced variety in vehicle makes and models, especially if manufacturers scale back their UK presence.
Year-end could rival pandemic woes for new car market, warns Cox Automotive
The new car market will face huge challenges by year-end, according to Cox Automotive which is warning that pressures could be even worse that those caused by the 2008 financial crisis and the 2020 pandemic.
Tavares orders strategic review of Stellantis UK due to ZEV Mandate risk
Stellantis chief executive Carlos Tavares has demanded a re-examination of the vehicle manufacturer's business prospects in the UK in light of the impact of the zero emission vehicles (ZEV) Mandate.
EV discounting risks impacting long term investment as private retail continues to lag
Discounting risks undermining the ability of companies to invest in next generation technologies and cannot be sustained indefinitely, according to the Society of Motor Manufacturers and Traders (SMMT).