France, Italy lead 1.9% fall in EU new car sales in November 2024
The European Automobile Manufacturers' Association (ACEA) has reported a 1.9% decline in new car registrations in the EU for November…
19 Dec 2024
UK’s FCA extends deadline for motor finance complaints
The UK's Financial Conduct Authority (FCA) has granted companies additional time to address complaints regarding motor finance agreements that do not involve a discretionary commission arrangement (DCA). The new deadline…
18 Dec 2024
Used car values remain steady at £7,345 in November 2024
The latest data from British Car Auctions (BCA) revealed used car values averaging £7,345 ($9,335) in November 2024. This reflects a balanced supply and demand dynamic amid typical seasonal pressures.…
17 Dec 2024
Backtracking on UK EV sales targets could risk billions
The potential rollback of existing electric vehicle (EV) sales targets in the UK could put billions of pounds of investment at risk. Organisations and investors leading the EV charging infrastructure…
16 Dec 2024
Electric transition can lead to $14,000 savings per van for small businesses
The Centre for Economics and Business Research (CEBR) has published a report, commissioned by Ford Pro, revealing that small businesses could save €14,000 ($14,677) per vehicle in three years by…
13 Dec 2024
Recycling could cut up to 25% of Europe’s EV battery mineral imports by 2030
A study by Belgium-based Transport & Environment (T&E) suggests that recycling could significantly cut Europe's dependence on imported minerals for electric vehicles (EVs) by the end of the decade. The…
12 Dec 2024
ACEA selects Mercedes-Benz chairman as new president
The European Automobile Manufacturers’ Association (ACEA) has announced a leadership transition, with Mercedes-Benz Group management board chairman Ola Källenius elected as its new president. The new role is effective from…