More than half of UK car dealers believe the government’s revised Zero Emissions Vehicle (ZEV) Mandate will create much-needed “breathing space” for electric vehicle (EV) sales
Global economic uncertainty is intensifying, fuelled by political tensions, rising tariffs, while ongoing armed conflicts are rattling financial markets and disrupting industrial sectors.
Relaxed electric vehicle (EV) manufacturing rules and a billion-pound package of tax breaks in response to the crippling US tariffs is a welcome start. But it is just that - a start, writes Fraser Brown at MotorVise
New analysis from Cox Automotive Europe reveals just how little financial support the latest adjustments to the Zero-Emission Vehicle (ZEV) mandate offers the automotive industry.
The 2030 phase-out date for new petrol and diesel cars has been officially reinstated and full and plug-in hybrid vehicles can be sold until 2035 as part of a new package of government reforms and funding
Regulations requiring manufacturers to increase battery electric vehicle (BEV) quotas or face punishing financial penalties are already creating significant change within the market, says Fraser Brown of MotorVise.
Car dealers remain sceptical that the 2030 ban on new ICE vehicles will go ahead in 2030, according to new research by Close Brothers Motor Finance.
Slashing the VAT charged on new electric vehicles would drive up demand by 15% and put sales closer to the UK Government's targets for zero emission vehicles.
A new study by online car marketplace Carwow reveals that a majority of UK drivers believe the Zero Emission Vehicle (ZEV) mandate needs urgent reform with two-thirds (67%) of drivers thinking the government should ease the required EV production quotas for manufacturers.
The new car market is set for a strong month ahead, according to the latest data from Auto Trader, which has recorded a significant rise in consumer interest in brand new vehicles.
The Renewable Energy Association (REA) is lobbying the UK Government for a range of measures to cut transport emissions, including making salary sacrifice schemes for electric vehicles (EVs) mandatory for medium and large businesses.
Unite, the UK’s largest union, is warning that thousands of automotive industry jobs depend on immediate reforms to the government’s Zero Emissions Vehicles (ZEV) Mandate.
The National Franchised Dealers Association (NFDA) has submitted its response to the Government’s consultation on the UK's transition to zero-emission vehicles, incorporating the dealership community’s insights ahead of the 18 February deadline.
Vehicle manufacturers are predicted to miss zero emission vehicle (ZEV) mandate new car sales targets by over 345,000 units by 2028, according to new data.
Just over half of UK dealers have said they would like Government mandated new electric vehicle car sales targets to be lowered.
Significant pressure on new and used car margins due to the ongoing impact of the Zero-Emission Vehicle (ZEV) Mandate has forced Vertu Motors to warn that full-year pre-tax profit will be substantially below market expectations.
When the policies of the UK look set to disadvantage the businesses that have invested here and created jobs, while the UK Government is missing its own targets, that can't be allowed to continue, writes Professor Jim Saker, regular Automotive Management contributor and president of the Institute of the Motor Industry.
Britain’s oldest racing car manufacturer Lister Motor Company is putting future plans on hold due to ongoing uncertainty over the Zero Emission Vehicle (ZEV) mandate.
The latest outlook survey from the National Franchised Dealers Association (NFDA) reveals widespread pessimism among dealers, reflecting their fears about navigating financial pressures and regulatory changes.
Ministers are drafting plans to subsidise electric vehicle (EV) purchases by guaranteeing consumer loans in a bid to accelerate sales that remain below official targets, according to the Financial Times.
