Keep up to date with Mann Island’s latest news and insights about the motor industry and operating environment
Respected automotive industry experts Cox Automotive has forecasted that used EV values will stabilise this year in what it expects to be a broadly flat market, with sales of slightly over 7.6 million used vehicles.
And it wasn’t even a close contest with petrol and diesel cars written off at more than double the rate of electric vehicles (EVs). The
The Zero Emission Vehicle Mandate, or ZEV, has been in place since January 2021. It requires car manufacturers to ensure that a certain percentage of all new cars they sell are zero-emission, which means fully battery electric vehicles (BEVs).
There is nothing new about a car losing money from the moment it leaves a dealer’s forecourt. Apart from a brief period in the aftermath of the global pandemic when there was a shortage of new cars, the fact is that cars lose money and some more than others.
By January 1st 2025, all independent used vehicle dealers must become SAF (Specialist Automotive Finance) approved (or equivalent) to continue offering finance through any lender who is a Finance & Leasing Association (FLA) member and…
Electric vehicle batteries should now last 20 years or more on average, according to new data from Geotab, which provides telematics – vehicle and asset tracking solutions to over 50,000 customers in 160 countries.
The cost of buying an all-electric car has been a hurdle for many people very rapidly; this affordability is changing. ‘The average 3-year-old BEV is almost 44% cheaper than in January 2023.’
On July 17th, at the State Opening of Parliament, King Charles III delivered ‘The King’s Speech.’ Written by the Government and delivered by the Monarch, the speech typically sets out bills that the Government intends to introduce to Parliament in the session ahead and other policy priorities that do not require legislation.
The shift to Electric Vehicles (EVs) continues to gain momentum. Whether you are a supporter or not, the reality is that with regulation dictating that the number of EVs as a percentage of new cars sold increases, the availability of petrol and diesel cars on our roads will decline.
Find out more about our commitment to delivering good outcomes for our customers and to lending responsibly.
Carry out a security check quickly and securely by completing our online form.
We recognise that, despite the best intentions, things can go wrong. If this is the case, please let us know.
We are using cookies to give you the best experience on our site. To find out more see our Cookies Policy. By Continuing to use our website without changing the settings, you are agreeing to our use of cookies.
