54 min
Butt of many jokes - 5 March 2024 Motoring Podcast - News Show
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- Automotive
FOLLOW UP: AGENCY MODEL CLARIFICATION Thank you to all who responded to Andrew’s request for more information on how the agency model works for car retails. We can now confirm, the query about who carries the financial liability, does in fact lie with the manufacturers now. To see who is moving to this model, click this link to an Auto Retail Network article.
FEBRUARY 2024 NEW CAR REGISTRATION FIGURESSMMT has released the new car registration figures for February 2024 and they are the best in 20 years! Which caused us to raise an eyebrow or two. Battery electric cars are up, slightly, but still a long way off the 22% required by the Government mandate. Diesel is down slightly, with plug in hybrids also up a touch, but petrol is up again. Fleet is doing all the lifting and this is worrying the industry who renews their calls for help to incentivise the Private side of things. To read more, click this link to the SMMT article and details.
POLESTAR SECURES NEW FUNDINGPolestar are plugging the gap left by Volvo stepping back from funding the EV company, thanks to a loan worth £750 million. According to the company, this will allow them to sell 155,000 vehicles and become cash flow even in 2025. If you wish to read more on this story, click this Autocar link here.
US INVESTIGATING CHINESE EV DATA COLLECTIONThe US Government announced that it will be investigating Chinese electric vehicles to ascertain how much, what type of and where they send data. However, as there are so few actual brands allowed into the US this does feel part of the ongoing protectionism being demonstrated in North America. You can find out about this by clicking the link here to an electrive article.
FISKER FINANCES UNSUSTAINABLE BUT NISSAN MAY HELPFisker announced how they were not confident they could last to the end of 2024, but a couple of days later it was revealed that they are in talks with Nissan over possible investment. This would give the Japanese company access to an electric pick up platform, which they do not have currently. Click this Reuters article for the original story. For details on the possible Nissan rescue, click this link to an Autocar article.
THE POSSIBLE APPLE CAR PROJECT IS APPARENTLY SHUT DOWNReports were all over the internet stating that the secret Apple car project, allegedly called Titan, had been cancelled. But as the company has neither confirmed nor denied this, it is hard to tell if it was real or whether they were looking at specific technologies. For more speculation and the liberal use of the “iCar” click this link to an article from The Register.
ASTON MARTIN CLOSES LAGONDAAston Martin confirmed that the Lagonda sub brand is officially no more. This surprised us, as we thought it had been killed off a couple of years ago. To learn more and look at...
FOLLOW UP: AGENCY MODEL CLARIFICATION Thank you to all who responded to Andrew’s request for more information on how the agency model works for car retails. We can now confirm, the query about who carries the financial liability, does in fact lie with the manufacturers now. To see who is moving to this model, click this link to an Auto Retail Network article.
FEBRUARY 2024 NEW CAR REGISTRATION FIGURESSMMT has released the new car registration figures for February 2024 and they are the best in 20 years! Which caused us to raise an eyebrow or two. Battery electric cars are up, slightly, but still a long way off the 22% required by the Government mandate. Diesel is down slightly, with plug in hybrids also up a touch, but petrol is up again. Fleet is doing all the lifting and this is worrying the industry who renews their calls for help to incentivise the Private side of things. To read more, click this link to the SMMT article and details.
POLESTAR SECURES NEW FUNDINGPolestar are plugging the gap left by Volvo stepping back from funding the EV company, thanks to a loan worth £750 million. According to the company, this will allow them to sell 155,000 vehicles and become cash flow even in 2025. If you wish to read more on this story, click this Autocar link here.
US INVESTIGATING CHINESE EV DATA COLLECTIONThe US Government announced that it will be investigating Chinese electric vehicles to ascertain how much, what type of and where they send data. However, as there are so few actual brands allowed into the US this does feel part of the ongoing protectionism being demonstrated in North America. You can find out about this by clicking the link here to an electrive article.
FISKER FINANCES UNSUSTAINABLE BUT NISSAN MAY HELPFisker announced how they were not confident they could last to the end of 2024, but a couple of days later it was revealed that they are in talks with Nissan over possible investment. This would give the Japanese company access to an electric pick up platform, which they do not have currently. Click this Reuters article for the original story. For details on the possible Nissan rescue, click this link to an Autocar article.
THE POSSIBLE APPLE CAR PROJECT IS APPARENTLY SHUT DOWNReports were all over the internet stating that the secret Apple car project, allegedly called Titan, had been cancelled. But as the company has neither confirmed nor denied this, it is hard to tell if it was real or whether they were looking at specific technologies. For more speculation and the liberal use of the “iCar” click this link to an article from The Register.
ASTON MARTIN CLOSES LAGONDAAston Martin confirmed that the Lagonda sub brand is officially no more. This surprised us, as we thought it had been killed off a couple of years ago. To learn more and look at...
54 min