Volvo shifts EV production to Europe Volvo is diverting production of Chinese-built EVs to Belgium in expectation of an EU crackdown on “subsidised imports”. A decision from the European Commission on imposing tariffs on Chinese EV imports is anticipated this week.

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Many fleets running EVs and hybrids are experiencing issues with 12v batteries, causing disruptive breakdowns for drivers who might assume such issues should not happen with an electrified car. The Association of Fleet Professionals (AFP) is calling for OEMs to improve the operational efficiency of their cars and address such common fleet problems. This is […]

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According to ONS data, the motor industry is up with hospitality and social care as the sectors with the most job vacancies. It is listed on what used to be called a ‘shortage occupation list’, which has now been renamed ‘immigration salary list’. While job vacancies have reduced from a record high in the middle […]

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Marshall Motor Group has appointed two new group MDs who will divide the retailer’s brands between them, in a move believed to be similar to that of Pendragon with its Stratstone and Evans Halshaw branches. Mark Robinson, former CEO and founder of Vantage Motor Group, and Trevor Fussey, former Stratstone boss, were last week both […]

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More than 125 Subaru retailers last week heard new MD Lorraine Bishton rule out the agency model and commit to franchised retailers. “The dealer model is here to stay,” she said. “People buy from people.” The event in North Yorkshire was part of a renewed focus on the Subaru brand by parent IM Group, which […]

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Hyundai will reduce its retail partners by almost a third but increase the number of franchise points to 173 over the next four years. Speaking exclusively to Auto Retail Agenda, the brand’s business transformation director, Nick Tunnell, said the manufacturer planned to reduce the number of retail groups it deals with from 75 to 54 […]

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Octopus Energy is to double its EV leasing fleet to 30,000 vehicles after securing a £550m debt deal. Around 4,000 workplaces, including Dyson, McLaren and Innocent Drinks, offer Octopus EV schemes. Octopus EV chief executive Fiona Howarth said the division has more than tripled its fleet in the past year, with revenues growing from £5m […]

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Retailers need to sell 23% more cars under an agency model to see equal profitability with the franchised system, according to John O’Hanlon, founder of Waylands. O’Hanlon, speaking at last week’s Vehicle Remarketing Association conference about future challenges facing the industry, said: “We need to sell over 23% extra cars just to stand still under the agency […]

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OEMs who have moved to agency are yet to be fully tested on their skills at selling cars compared to traditional retailers. “The lessons learned are limited when supply is restricted,” said the ICDP’s Steve Young during a panel discussion at the Automotive News Europe Congress. It has been easy for OEMs such as Mercedes-Benz […]

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The German eLCV brand B-ON are set to offer commercial fleets a greener alternative to traditional ICE delivery vehicles in the UK. International Motors Limited aims to established 25 dealerships by the end of 2023. Each site will be offering the B–ON franchise, with plans for further expansion of the network in 2024 and the […]

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