Tue. Jan 31st, 2023

The average cost of a second-hand vehicle is now reported to be more than £20,000, with some ‘nearly new’ cars selling for more than their original price. However, the growing squeeze on the cost of living and surging fuel prices could see demand for used cars drop over the next quarter. The shift to electric vehicles has a fundamental impact on car manufacturers. With a battery pack instead of an internal combustion engine , EVs are less complicated to construct. But designing new models, further development of technology, and digitalisation require massive investment in R&D and new production facilities, and organisations need to adapt drastically. Since regulators have embraced the future phase-out of the ICE car as part of their plans for the energy transition, and the transition is now beyond doubt, car manufacturers have adopted it as a central part of their strategy.

In 2022 the General Block Exemption will be replaced followed in 2023 with the Motor Vehicle Block Exemption. This session will explore the likely changes and how they will impact the auto sector.Iain Larkins10.50 to 11.30Complying with the Financial Conduct Authority regulation in automotive. This annual industry event will unpack these issues, explaining how they are likely to impact your business and the changes coachoutletonlinebtc.net that you may wish to consider. Great strides have been taken towards an electric future in the automotive sector, with technology clearly driving the momentum, but it is still not without its challenges. “The pandemic has really disrupted the supply chain around the world and automotive industry has been impacted much more than expected,” said Gupta. “It will take some more time to get back to normal operations.”

Lexus Electrified Sport Concept completes successful European debut at Goodwood

Norway is at the forefront of the global shift, with EVs reaching a share of 82% in 1Q21. Jaguar Land Rover Limited is constantly seeking ways to improve the specification, design and production of its vehicles, parts and accessories and alterations take place continually, and we reserve the right to change without notice. Some features may vary between optional and standard for different model years. The information, specification, engines and colours on this website are based on European specification and may vary from market to market and are subject to change without notice. Some vehicles are shown with optional equipment and retailer-fit accessories that may not be available in all markets.

One of the widely held concerns about EVs is their limited range, and the availability of charging infrastructure. Mercedes may have eased some of those worries, however the development of the necessary charging infrastructure will need to continue at an equal pace in order to fully support the EV roll-out. Perhaps the pick of the bunch, however, was Mercedes-Benz’s concept electric car with a range of roughly 620 miles – more than that of the Toyota Prius or Ford Focus, and almost twice the range of a Tesla Model S.

Headlines continue to be negative with the US President of VW resigning earlier this month. As chip supply restores, lithium battery supply is expected to pose a greater obstacle for the automotive industry. There is currently a disconnect between capacity and demand, threatening vehicle production. New technology may well combat supply issues; the development of a solid-state battery is said to offer increased cycle life and can be manufactured faster. The ongoing global chip shortage is affecting production volume and is causing delayed deliveries as the demand for EVs increases. As tech giants enter the market, there is more competition to produce cars with impressive features.

  • Eight out of 10 cars produced in the UK are exported overseas to 140 different markets worldwide.
  • In Q1 2022, sales of new battery electric vehicles more than doubled (+102%) compared to with 2021.
  • This creates an opportunity for continual development as system updates provide fresh features, while also squashing bugs long after a model leaves the showroom.
  • The automotive industry is a vital part of the UK economy and integral to supporting the delivery of the agendas for levelling up, net zero, advancing global Britain, and the plan for growth.
  • She works closely with HR departments and senior management and provides practical legal guidance on all employment-related issues.
  • After year-on-year gains in January (28%) and February (15%), new car sales in March fell by -14% compared with March 2021.

It tests vehicles with optional equipment and with a more demanding test procedure and driving profile. You will receive a pop-up on the Touchscreen when an update is available for download/installation. The update will not interrupt your driving experience and you can continue to use your vehicle as normal.


More than 30 manufacturers build in excess of 70 models of vehicle in the UK supported by 2,500 component providers and some of the world’s most skilled engineers. Make sure you have the latest detailed street maps and points of interest to ensure fast, accurate navigation. Whether you have lifetime updates, need to purchase an update, or aren’t sure – get started by downloading Garmin Express. The information is added by the company to a pre- defined template and uploaded to Vision where it is displayed on the Manage my vehicle/fleet page and detailed within the vehicle/asset profile.

Zenvo Automotive makes Canadian public debut with Zenvo Canada dealer Weissach

The company said at its I/O developer conference back in May that a major visual overhaul of Android Auto was on the way, and would land before the end of the summer. This brings a split-screen look to the system, letting drivers view a map, music and other information all at once. Our events calendar highlights the latest SMMT events, SMMT supported events and lists any other industry event. Over 859,000 cars , 72,913 commercial vehicles and 1.6 million engines were built in the UK in 2021.

By jimmy