Business

used cars 0
The number of available used cars has shrunk due to the sharp reduction in new car sales and production caused by supply issues and the Covid pandemic
Dealers

Lack of stock forces used-car dealer Peter Vardy to close two sites

Dundee and Glasgow branches of Peter Vardy Carz supermarket chain are part of nine across the country

1 August 2023
Lack of stock forces used-car dealer Peter Vardy to close two sites
Lotus Evija and Eletre in Mayfair showroom
Showroom floor currently hosts Lotus's new-car line-up, but may rotate with historic models
Dealers

Lotus opens flagship London dealer ahead of major sales push

Mayfair ‘brand centre’ opens to build brand awareness and cater to most valued clients

1 August 2023
Lotus opens flagship London dealer ahead of major sales push
lamborghini huracan sterrato driving front 3 4 dynamic 0
Off-road Sterrato is final version of V10-engined Huracán
Car sales

More records for Lamborghini as sales soar in first half of 2023

Huracán and Urus sold out until end of their production run; UK was firm's second biggest market

31 July 2023
More records for Lamborghini as sales soar in first half of 2023
grecale front cornering
Grecale SUV, priced from £61,500, was a key driver in Maserati's sales push
Car sales

Maserati sales up 42% in H1 after significant push for new Grecale

Italian brand posted pre-tax profits of £104 million for the start of 2023, up 95% on the year before

28 July 2023
Maserati sales up 42% in H1 after significant push for new Grecale
2021 Fiat Panda front three quarters in studio
Car sales

Fiat was best-selling Stellantis brand in first half of 2023

Italian brand sold nearly 650,000 cars worldwide; 12-year-old Panda supermini is Italy's most popular car

28 July 2023
Fiat was best-selling Stellantis brand in first half of 2023
bentley bentayga ewb 01 front tracking
The Bentley Bentayga was the firm's most popular model, taking 44% of sales
Finance

Bentley expecting tough end to 2023 after H1 sales drop

Crewe-based firm boosted by increased demand in Mulliner division, which kept profits stable

28 July 2023
Bentley expecting tough end to 2023 after H1 sales drop
Mini Cooper leaves production line at Cowley
Mini plant in Oxford houses one of UK's busiest production lines
Manufacturing

UK builds 450,000 cars in six months as industry bounces back

Effects of Covid and supply shortages ease, but SMMT says UK must become more attractive for investors

27 July 2023
UK builds 450,000 cars in six months as industry bounces back
1 car dealership
From 2030, new pure-petrol and -diesel cars will banned from being sold in the UK
Editors Briefing

Editor’s letter: 2030 ban debate adds 'confusion to chaos'

Prime minister Rishi Sunak has refused to rule out a change to the legislation – and this is now an election issue

26 July 2023
Editor’s letter: 2030 ban debate adds 'confusion to chaos'
change makers episode 03
Listen to episode three now
Podcasts

Change Makers Podcast: How Hyundai is rethinking online car subscriptions with Mocean (ep.3)

Oxana Grishina, head of future retail and transformation at Hyundai UK says subscriptions will shape the brand's future

26 July 2023
Change Makers Podcast: How Hyundai is rethinking online car subscriptions with Mocean (ep.3)
Nissan Renault alliance collage
Harnessing economies of scale has become critical to Renault and Nissan remaining competitive
Corporate

Nissan to invest £515m in Renault's EV unit as Alliance deal sealed

Renault confirmed to have reduced its stake in Nissan, giving the two firms equal say in the other's future

26 July 2023
Nissan to invest £515m in Renault's EV unit as Alliance deal sealed

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