Feb 15, 2024: Stellantis N.V. has today reported record full-year 2023 results. Net revenues grew 6% y-o-y to €189.5 billion, net profit rose 11% to €18.6 billion, and industrial free cash flows increased 19% y-o-y to €12.9 billion. Global battery electric vehi...

 

Feb 09, 2024: Ayvens has reported a 22% fall in pre-tax profit, down from €1.66 billion in FY2022 to €1.29 billion in FY 2023. The global mobility brand, Ayvens, was unveiled in October 2023 following the €4.8bn acquisition of LeasePlan by ALD Automotive. Ayve...

 

Feb 05, 2024: Britain’s millionth battery electric car (BEV) reached the road in January 2024, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), while the new car market grew 8.2% for the month, continuing to be driven b...

 

Jan 25, 2024: The Zero Emission Vehicle (ZEV) new car mandate risks damaging the used market as OEMS look to meet their zero emissions new car targets in 2024, according to INDICATA UK. New and nearly new EVs are being aggressively pushed into the market at the...

 

Jan 24, 2024: The shortage of new sub-£25,000 electric cars gave the used EV sector a welcome boost in Q4, according to Aston Barclay. In Q4, used EVs rose in price by 6.4% to £21,707 after five consecutive quarterly price falls and, just as every other, EVs we...

 

Jan 24, 2024: Buyers can expect to benefit from a price war in the electric car market in 2024 as manufacturers fight for market share amidst new government mandated targets and new Chinese competitors, according to Auto Trader’s latest (and renamed) Road to 203...

 

Jan 17, 2024: moDel, the vehicle movement solution from Ebbon Automotive, part of Ebbon Group, which is used throughout the motor industry to electronically process vehicle deliveries and collections, has broken through the 1 million vehicle handover barrier for...

 

Jan 17, 2024: Vehicle rental company SIXT and automaker Stellantis have struck a multi-billion euro agreement under which SIXT could buy up to 250,000 vehicles. The vehicles will be deployed in rental fleets across Europe and North America over the next three y...

 

Jan 17, 2024: Cox Automotive anticipates challenges and continued volatility in 2024 for the used EV market despite rapid growth in used vehicle volumes, due to persistently low consumer demand. Several continuing trends, including the realignment of vehicle va...

 

Jan 11, 2024: UPDATED: The Financial Conduct Authority (FCA) has today hit out at car finance companies who have failed to adhere to the rules introduced on discretionary commission arrangements in 2021. In a statement today, the regulator said that it would “r...

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