All articles by Kuldeep Jha
Kuldeep Jha
Used EV prices drop 16.5% in Q2, says Aston Barclay report
The average price of used EVs dropped to £15,625, marking the steepest quarterly decline since Q4 2022.
Waylands hires new marketing and digital sales head
Hart previously held the role of marketing head at Hendy Group.
Inchcape concludes £346m divestment of UK retail division to Group 1 Automotive
This sale marks the end of Inchcape’s UK retail operations and doubles Group 1’s presence in the region.
Cox Automotive reports surge in used van sales in H1 2024
Manheim Auction Services and Manheim Vehicle Services handled 50,267 LCVs between January and June.
Stellantis evaluating UK operations amid EV policy concerns, says CEO
The company operates two UK factories dedicated to the production of battery-electric vehicles.
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UK car production dips in H1 2024 as manufacturers pivot to electric models
More than 70% of the cars manufactured were intended for international markets.
87% of used electric car buyers seeking certified battery health checks pre-purchase
The research also found that 81% are interested in potential future capacity loss.
Carwow raises $52m to boost UK operations and grow presence in Europe
The investment round was spearheaded by venture capital company Bessemer Venture Partners.
Phyron closes Series B investment round to enhance AI video platform
The company will use the funds to accelerate AI and automation technology development and enter new markets.
60% of dealers predict a stronger second half for the used car market in 2024
Despite the optimism, 30% of dealers foresee the market maintaining its current state, and 10% predict a downturn.