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TG Holdcroft sees profits fall 21% in “challenging year”

Motor Trader

It has been a challenging year within the retail motor sector with some significant outside factors making huge impacts to the overall profitability of our organisation. It said its Renault, Dacia and Hyundai businesses had performed well but MG was the top performer with retail sales up 93% for the period.

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Electric Vehicle Trends 2024: Boom or Bust Future for EVs 2024

Jato

Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ? The automotive industry has been abuzz with discussions surrounding the affordability of battery electric vehicles (BEVs) for the average retail consumer in the Big 5 European markets. In contrast, orders for ICE models were up by 11%.

Finance 111
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Packed house for biggest CADEX event ever

Canadian Auto Dealer

The jam-packed room of well over 200 attendees was bristling with energy, as keynote speakers and panelists delivered on their promise to inform dealer attendees about the key trends impacting the auto retail industry. Can manufacturers succeed in getting involved in retail?” He said adoption rate is 13 per cent for BEVs in Europe.

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Boom or bust: what’s the future for EVs in 2024?

Jato

Prediction #1: Big 5 European markets – Will high-costs for BEVs remain or decline in 2024 ? The automotive industry has been abuzz with discussions surrounding the affordability of battery electric vehicles (BEVs) for the average retail consumer in the Big 5 European markets. In contrast, orders for ICE models were up by 11%.

Finance 52