The March 2025 new car registration figures have been revealed by the Society of Motor Manufacturers and Traders (SMMT). They show an increase that you have to go back to 2019, to find bettered. Electric vehicles, unsurprisingly, increased as buyers tried to avoid the new VED and luxury car tax. Private, on the one hand, had a surprising jump but then not when thinking about the tax changes. This is expected to be a bit of a one off month, with the numbers next month being a lot lower. Click this link to read more, from SMMT’s own article.
UK GOVERNMENT TINKERS WITH ZEVThe UK Government has announced changes to the requirements of the Zero Emission Vehicle mandate. These add up to tinkering. Finally, we get a decision on hybrid vehicles post 2030, where they will still be sold. Small manufacturers will be exempt from the requirements. All OEMs will be given more flexibility in achieving the required target rates, with the CO2 credit transfer system remaining in place until 2029. In reality though, as we continue to be in a cost of living crisis and vehicles are too expensive, trying to mandate a market will remain difficult. You can read more, by clicking this Autocar article link here.
CAR BRANDS AND TRADE BODY FINED BY CMATen car companies and the SMMT have been fined by the Competition and Markets Authority (CMA) for agreeing to not compete with each other when advertising the amount of recycling that could be achieved with their cars. Additionally, the second charge was for anticompetitive practices when it came to recycling end of life vehicles. Following an admission to this, they are to pay £77 million in fines. In Europe a similar investigation has found 15 brands guilty and they will pay £382.7 million, as a consequence. To find out more, click this Autocar link here.
MCLAREN MERGES WITH FORSEVEN TO SECURE FUTUREMcLaren has merged with Forseven, to create McLaren Group Holdings, thereby securing its immediate future. Both entities are owned by CYVN Holdings, which is the Abu Dhabi sovereign wealth fund. Forseven has a raft of vehicles almost ready for production but needed a badge to stick on them. Click the EVO article link here to read more.
RENAULT AND NISSAN RESET PARTNERSHIPRenault and Nissan have renegotiated their partnership, following a few tumultuous years. Nissan will no longer contribute to the Ampere project, will rebadge the Twingo city car vehicle and have sold their joint-venture stake in India to Renault. If you would like to learn more, click this electrive article link here.
Nissan has revealed the first images of the new Micra, which is a rebadged Renault 5 EV. Once again the company revealed no details or specifications....