Ferrari considering producing combustion engines beyond the EU’s 2035 ban
Ferrari are set to release its first EV in 2025, but aren’t done with combustion engines
Industry trends
UK’s New car market grows for seventh month in a row
New data from the SMMT shows a nearly 30% rise in new car registrations for February 2023
Tesla slashes Model 3 and Model Y prices by nearly £10,000
Tesla have cut their prices due to low demand
Used car prices fell by 1.5% in December, and are expected to continue to fall this month
The fall in prices is expected to continue throughout January
Used car prices fall for first time in two years
An ease in supply chain issues has caused second hand car prices to fall by nearly 3%
Cazoo to pull out of the EU in an effort to break even
750 employees will lose their jobs as the company leave Europe
Surprising statistic shows convertible cars are more popular in Britain than in its warmer European counterparts.
Surprising statistic shows more convertibles are sold in Britain than in warmer European climates, such as Spain.