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Author: Aimee Turner
Mercedes-Benz UK has delivered its 100,000th recent automobile because it implemented the Agency sales model in January 2023.The 100,000th customer collected a brand new Mercedes-AMG E 53 Hybrid 4matic+ in March from Mercedes-Benz of Guildford, a part of the Sandown Group.“It’s a privilege for Sandown to serve the 100,000th private retail customer to buy a Mercedes-Benz under the Agency model,” said Gavin McAllister, group managing director, Sandown Motors, who heads Mercedes-Benz retailer board. Mercedes-Benz UK has delivered its 100,000th recent automobile because it implemented the Agency sales model in January 2023. The 100,000th customer collected a brand new Mercedes-AMG E 53 Hybrid 4matic+ in March from…
With the imposition of 25% tariffs on US automobile imports, data from Jato Dynamics highlights the exposure of varied carmakers to the brand new trade policy. In 2024, the US saw the sale of 16.1 million latest cars, of which roughly 6.3 million were imported from markets including Mexico, Canada, the European Union, the UK, Japan, and Korea. Starting last week, these imports are subject to the brand new tariffs, with an extra 25% levy on imported automobile parts to take effect on May 3. Though the 25% tariff is applied universally, its impact will vary significantly amongst automobile manufacturers. Detroit’s…
The 2030 phase-out date for brand new petrol and diesel cars has been officially reinstated and full and plug-in hybrid vehicles might be sold until 2035 as a part of a brand new multi-billion pound package of presidency reforms and funding to support the transition to zero-emission vehicles and take the pressure off manufacturers. “We’re giving British carmakers certainty and stability, while helping working families make the switch to zero-emission vehicles,” confirmed a government spokesman. At the guts of the plan is a £2.3 billion investment designed to support each manufacturers and drivers. This includes funding through the Automotive Transformation Fund,…
Chinese brand Xpeng has officially launched its first dealerships at its Nottingham and Southampton retail spaces alongside the debut of its Xpeng G6 premium all-electric SUV.The newly established Xpeng dealerships will allow visitors to have interaction with digital displays and receive expert guidance from brand specialists.Darren Cooper, owner of the Peter Cooper Motor Group, commenting on the importance of the launch, said: “This isn’t nearly launching a brand new dealership – it’s about introducing a brand new way of desirous about electric mobility. We’re offering UK customers a first-class introduction to Xpeng and a glimpse into the longer term of…
MBNI Holdings, parent company of MB Truck & Van and Rossetts, has officially accomplished its transition to full ownership under Pauline McKeating.With operations spanning Northern Ireland and the south of England, MBNI Holdings today employs over 300 staff and generates an annual turnover exceeding £90 million.McKeating, who has been with the corporate for greater than 25 years, has played a key role in its expansion and success. Having initially joined as an assistant accountant, she rose through the ranks to turn out to be finance director and later chief executive. In 2023, she secured majority ownership, paving the way in…
Greater than half of UK automotive buyers say they’d spend more time researching an electrical vehicle (EV) in comparison with a petroleum or diesel automotive, in accordance with latest research. Moreover, most prospective buyers usually tend to purchase an EV from a retailer that gives extra reassurance concerning the vehicle and ownership experience. The survey, commissioned by digital marketing firm Marketing Delivery, highlights the necessity for retailers to implement EV-specific contact plan to offer consumers with additional information and support before, during, and after their enquiry. Amongst 1,000 UK automotive buyers surveyed, 51% ‘completely agree’ or ‘somewhat agree’ with the…
What does the longer term hold for the normal automotive industry? From the potential failure of Nissan to the controversial closure of factories by VW, long established, familiar brands are struggling to compete with the brand new market dynamics, writes Bodo Philipp, CEO at MHP Consulting. The problem isn’t just the swathe of cheaper, government subsidised vehicles from China. And even the radically changing driver expectations and fast diminishing customer loyalty. The industry has not didn’t recognise the demands created by the brand new software led, function-oriented automobile design and construct model. These challenges are accepted. The issue is that the…
LKQ Euro Automotive Parts is looking on technicians to be certain that they’ve accomplished their 2024/25 MOT CPD training before the tip of March, ahead of changes to the testing process designed to forestall fraud. Lee Chapman, head of support and LKQ Academy, said: “As recently as February, the DVSA reported that greater than 28,000 testers were yet to take their annual CPD assessment, representing an enormous chunk of the aftermarket’s workforce. “Those that miss the deadline shall be suspended and are then required to exhibit in person to a DVSA representative that they will perform an MOT test on…
Latest data from Dealer Auction’s EV Performance Review shows a gradual and consistent performance from alternatively fuelled vehicles (AFVs) in February, with sold prices on the rise and a number of other high-performing models, led by the hybrid Hyundai Tucson. The web marketplace reported that the common sold price on AFVs increased by slightly below 5% to £17,766 – its highest level since Dealer Auction began monitoring the performance of AFVs from January 2024,which it believes bodes well for the sector in 2025. The common age of AFVs fell from 4.4 to 4.2 years old, with mileage also dropping from…
The used light business vehicle (LCV) market is showing strong signs of recovery, with values rising sharply in early 2025, in accordance with the newest data from BCA. Following two consecutive months of price increases, average LCV values have climbed by greater than £800 since December. In February, BCA recorded a median LCV price of £7,998, marking a £274 (3.5%) increase in comparison with January’s figure of £7,724. This represents the very best monthly average since May 2024. The market’s lowest point was recorded in August last 12 months, when values dipped below £7,000 for the primary time since 2019.…