Auction activity ramps up in Jan. Vauxhall to build e-LCVs in Luton. Renault warns Chinese EV threat as Dacia unveils UK’s cheapest. Genesis recruits!
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Auction activity ramps up in January. Vauxhall to build electric LCVs in Luton. Renault warns of Chinese EV threat as Dacia unveils UK’s cheapest EV! Genesis recruits dealers. And more!
Motor Trade Radio: 24 February 2024, E10, S10
If you enjoyed this week’s Motor Trade Radio podcast, powered by MOTORS, and want to dig deeper into our featured headlines, then here are the links to all the stories.
HEADLINES
MOTOR TRADER
Cox sees increased activity at auction despite price volatility
Cox Automotive reports a surge in activity at its auctions in January. It said the volume of stock handled during the month was up 24% year-on-year, and the number of active buyers increased by 12%. Manheim held 14 more sales in January than the same period last year.
BBC NEWS
Vauxhall to build electric vans at Luton plant from 2025
Vauxhall owner Stellantis has announced it is to begin making electric vehicles at its factory in Luton.?The plans are expected to secure the long-term future of the plant and 1,500 jobs, following concerns last year about Brexit red tape.
DAILY TELEGRAPH
Britain must work with EU to halt onslaught of Chinese EVs, warns Renault
Britain and Europe must work together to resist an onslaught of cheap Chinese electric vehicles (EVs), the boss of Renault has warned. Luca de Meo, chief executive of the French car maker, said the switch to greener vehicles posed the biggest challenge to the industry in 150 years, but warned companies were being over-regulated and lacked financial support.
DAILY MAIL
Dacia Spring to be Britain's cheapest electric car - it could cost less than ￡16,000!
领英推荐
Britons will soon be able to get their hands on an affordable electric car, as budget-friendly brand Dacia has confirmed its Spring EV will go on sale in Britain next month.? The small battery-powered hatchback has been in showrooms in mainland Europe since 2021, but bosses at parent group Renault had been reluctant to launch the low-cost EV in the UK... until now.
CAR DEALER
Genesis keen to boost brand and launches search for more dealers to add to fledgling network
Genesis has drawn up plans to more than triple its dealer network in the UK, as bosses admit launching the brand has been ‘challenging’. The South Korean premium brand arrived in the UK in summer 2021 as a standalone operation, separate from parent company Hyundai.
FLEET NEWS
Government U-turn over double cab pick-up tax treatment
The Government has performed a spectacular U-turn over its decision to treat double cab pick-ups as cars for taxation purposes by dropping the policy just seven days after announcing it.
AM ONLINE
Dealers back calls for new European 'kei' class affordable new cars
Dealers are overwhelmingly backing calls for a new class of small?Japanese-style cars?that are cheaper to tax, insure and park, new research shows.
We hope you enjoyed this week’s roundup of the big car retailing stories. Catch #AllTheChatterThatMatters?on Saturday mornings on the Motor Trade Radio podcast, powered by MOTORS.
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