All articles by Shivam Mishra

Shivam Mishra

European consumer car preferences lean towards hybrids: Bloomberg Intelligence survey 

This sentiment could potentially lead to a reassessment of the 2035 deadline to ban internal combustion engine sales. 

UK new car market sees strongest February in two decades: SMMT 

During the period, there was a 14% increase in new car registrations, totalling 84,886 units.  

Vertu reports stable used car prices but sale of new vehicle still uncertain 

Vertu responded to these market shifts by accelerating stock turnover and reducing used inventory levels. 

StoreDot reports battery high performance in sub-freezing temperatures

StoreDot said that laboratory tests have demonstrated that its cells can reach an 80% capacity when charged at -10°C with standard charging speed.  

UK commercial vehicle production hits 16-year high in January: SMMT 

A total of 11,756 units were manufactured in January, including vans, trucks, taxis, buses, and coaches. 

UK car production registers strong growth in January 2024  

According to data from last month, manufacturing increased by 21% to 82,997 units. 

New and used car markets returning to pre-pandemic levels

The recent rapid decline in car values is due to the end of the pent-up demand that sustained the market over the last four years.  

One in four drivers consider purchasing hybrid as next car: Close Brothers study  

Only 12% of drivers currently expect to purchase an electric vehicle (EV). 

Ayvens secures multi-billion-euro fleet deal with Stellantis 

This move aimed at bolstering Ayvens’ long-term leasing fleet across Europe over the next three years.

Tandem Motor Finance wins FLA’s ESG award for green funding 

The award was presented at the Finance & Leasing Association dinner in London, which was attended by over 1,400 industry professionals.