UK Auto Market Struggling But Full Electrics Still Growing

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The UK saw plugin electric vehicles take 20.2% share of the auto market in August, up from 18.3% year on year.

Most other brands in the top 20 zone only changed rank by one or two spots, if at all.auto manufacturing groupsCompared to the result 3 months previously, Tesla has dropped two places from 1st to 3rd, allowing previous runners up, Volkswagen Group and Hyundai Motor Group to each step up one spot to 1st and 2nd, respectively. Volkswagen Group now has a decisive lead, well ahead of Hyundai Motor Group.

70% of UK pubs currently do not expect to be able to remain economically viable over the coming winterObviously local pubs are a relatable example of small businesses, but the same energy prices are affecting all other commercial users also, and putting small and medium companies under As a result of energy inflation, inflation more generally, and other economic headwinds, forecasters are now seeing, which will inevitably dampen consumer spending and put further brakes on the new auto sales.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Install chargers at supermarkets or wherever Brits park their cars every week for 30 minutes anyways. Then ban the sale of new petrol cars in 2025.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla US Sales Up 105% Year-Over-Year Doubling Market Share In AugustThe American EV manufacturer ended 2021 well and it seems on track improve on that performance this year when it expects to sell over 1.3-million cars globally. jpr007 Cc TSLAQ How is possible? With record ASP and without export from Fremont, tesla sells every car produced? What does it do to this planet?
Source: InsideEVs - 🏆 579. / 51 Read more »

It’s now a buyer’s market, as Denver’s August housing report shows single-family home prices fallingBuyer’s now have the power in Denver’s housing market as home prices are falling and homes are staying in the market for longer, according to a monthly update from the Denver Metro Association of Realtors. Prices are still beyond outrageous!!! Just take a hard look 👀 who owns it ! Legal criminals Seems like each realtor in Denver owns 15 houses. Realtors and mortgage lenders both continue to shove these prices down our throats. Houses are not worth their appraisal prices. It’s all a racket. In the real estate industry, one hand washes the other. Buyers need to lay low
Source: DenverChannel - 🏆 239. / 63 Read more »