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- Aug 17, 2026earliest in window
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- Economy, Business & Finance 31
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News
Dealers back new vehicle scrappage scheme
5+ day, 18+ min ago (217+ words) New research has found overwhelming support among dealerships for a new vehicle scrappage scheme. September’s Startline Used Car Tracker found that 83% of dealers believe a scrappage scheme would support electric vehicle sales. The research also found that 60% believe the government…...
Used car prices steady but EV demand grows
5+ day, 5+ hour ago (187+ words) Average used car prices were recorded at £17,131 in August, according to the latest Auto Trader Retail Price Index. This represents a marginal year-on-year decline of 0.1% and a monthly fall of 0.4%. Meanwhile, used cars sold in an average of 30 days, which…...
Private ownership of electric cars soars in 2026
6+ day, 4+ hour ago (328+ words) Private ownership of electric cars rose by 10.7% in the first three months of the year, according to new analysis by The AA. Department for Transport vehicle licensing statistics show there were 860,334 privately owned electric cars on UK roads at the…...
EVs account for a quarter of new car sales in July
6+ day, 5+ hour ago (220+ words) New car sales in Europe rose four per cent in July compared to the same month in 2025, according to JATO Dynamics. It reported that registrations reached 1.12 million units in the month, with growth driven by electrified powertrains. Electric vehicle sales…...
UK automotive front and centre at Automechanika Frankfurt
6+ day, 5+ hour ago (133+ words) The Society of Motor Manufacturers and Traders will champion the UK automotive sector at Automechanika Frankfurt this week. Taking place from 8–12 September, Automechanika Frankfurt is Europe’s largest automotive aftermarket exhibition. In 2024 it attracted 107,000 visitors and 4,100 exhibitors from 76 countries. This year,…...
AION Auto UK secures Motor Ombudsman accreditation
1+ week, 6+ day ago (168+ words) Electric vehicle manufacturer AION Auto UK has secured accreditation to The Motor Ombudsman’s Motor Industry Code of Practice for New Cars. Sureyya Cansoy, director of business services and engagement at The Motor Ombudsman, said: “We are delighted to welcome AION…...
Average used car values dip despite EV increases
1+ week, 6+ day ago (207+ words) Average used car values fell by 0.9% during August, according to the latest analysis from Solera cap hpi. At the benchmark three-year, 60,000-mile point, average values reduced by £195. One-year-old cars at 10,000 miles fell by an average of 0.5%, while five-year-old vehicles at…...
Used electric cars selling 10 days quicker than market
3+ week, 3+ day ago (186+ words) Used electric cars sold in an average of 20 days on Auto Trader during August compared to 30 days for the wider market. Electric cars have now been the fastest-selling fuel type on the platform for four months in a row. Auto…...
Demand surging for used electric cars
3+ week, 3+ day ago (236+ words) Demand for used electric cars is exceeding supply, driving a 2.7% increase in average prices in July, according to new data from Indicata. Its August Market Watch found that electric vehicles made up 7.9% of all dealer stock compared to 5.2% in 2024, but…...
Electric vehicle van sales enjoy 10% growth
3+ week, 3+ day ago (183+ words) Electric vehicle van sales rose almost three quarters in July to account for 14.7% of the market, according to the Society of Motor Manufacturers and Traders. Year-to-date growth of electric vans is now above 10% compared to 4.3% growth for the overall market....