The Vehicle Remarketing Association (VRA) said the switch back to a 2030 deadline on the sale of petrol and diesel cars was questionable but plans for a government-backed battery health check were welcome. The original 2030 deadline was moved to 2035 by the current government but both Labour and the Liberal Democrats manifestos have put 2030 deadlines in their election ...
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Tesla CEO Elon Musk was celebrating yesterday as shareholders gave the go ahead for him to pocket a £35.3bn pay deal. If it goes ahead – and that is not a certainty as there are further legal disputes ahead – it will be the largest salary paid to a US-listed company CEO. An upbeat Musk addressed shareholders from a stage. ...
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Waylands Automotive tackled significant cost headwinds in 2023 with high inflation, interest rates and energy costs. The company delivered pre-tax profits down 19.4% to £2.5m on turnover up 19.3% to £200.9m. The group now operates Volvo, MG and Kia dealerships in Reading, Newbury, Swindon, Oxford, and Bristol and acts as an agent for Polestar for the South West of England. ...
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Trade-to-trade listings of EVs and hybrids increased by 16% in May, says Dealer Auction. Dealer Auction’s EV Performance Review (EVPR) is a regular appraisal of Alternatively Fuelled Vehicles (AFVs) on the platform. It also showed a 15% increase in AFV bids received and a 19% rise in volume sold. Dealer Auction’s marketplace director, Kieran TeeBoon, said: “It’s interesting to note ...
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Stellantis &You UK has appointed Richard Garbutt as its new Chief Executive, replacing Angela Shepherd. He has been promoted from his sales director role which he started in 2016, overseeing new, used and fleet operations. Garbutt said: “I’m delighted to be appointed. Having been a part of the Group for almost 20 years’ I’ve seen the Group and our teams ...
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The Tesla Model Y was crowned the Auto Trader New Car of the Year 2024 by a consumer vote featuring the real-world opinions of 200,000 car owners. Electric vehicles (EV) dominated the awards in 2024, with an EV taking the top spot for the fifth consecutive year. Eleven electric models won one of the 23 award categories, the highest number ...
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The new state-of-the-art showroom underwent a multi-million pound refurbishment and now features audiovisual technology to provide an immersive experience for guests to tailor their chosen model to their required specification. The Corstorphine Road premises and its LED technology showcases the brand’s new global identity. It also has an energy-efficient heating, cooling and ventilation system. Roddy McAllister, general manager of Rolls-Royce ...
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The Labour manifesto, published today, pledges “certainty to manufacturers by restoring the phase-out date of 2030 for new cars with internal combustion engines”. In 2023, the Conservative Party announced the deadline for the last sale of ICE vehicles would be extended to 2035 – a five-year delay. Labour will also support the UK’s transition to electric vehicles through its automotive ...
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The transition to net zero continues to grow, with over 1 million electric vehicles (EVs) on UK roads by the end of May. The latest SMMT figures show that while the pace of growth may be slowing, the number of BEVs registered year to date is nearly 10% up on 2023. The proliferation of BEVs will require automotive retailers to ...
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Polestar will open its eighth UK Space in the Meadowhall Shopping Centre in Sheffield on 14 June, replacing the temporary pop-up location. The Space will be located on the first floor of the shopping centre. It has a minimalist design but features digital interactions. Head of Polestar UK, Jonathan Goodman said: “We are thrilled to be opening our eighth Space ...
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