UK to Hold Onto to ICE Sales Longer
Ban on new gas-powered vehicle sales delayed by five years to 2035.
Prime Minister Rishi Sunak's announcement drew both praise and criticism. He said the delay will ease the transition.
IMAGE: Pexels/Ingo Joseph
The United Kingdom delayed by five years its ban on sales of new internal-combustion-engine vehicles.
The transition now won’t happen until 2035, which reflects the timeline of U.S. and European Union governments' plans.
Prime Minister Rishi Sunak announced the delay, saying it will help ease the transition. It drew both praise and criticism from various quarters. Some panned the move, saying it needlessly delays environmental protection in the form of greener technology, while others said it’s a prudent slowdown.
Toyota praised the change, saying it gives automakers time to catch up and offer various alternatives to gas power. Others complained, including Ford, saying they’ve been investing in UK facilities to ready for the original 2030 deadline since it was announced three years ago.
Originally posted on Auto Dealer Today
More Industry
Pennsylvania Dealership Under New Retailers
The sale of the Chrysler Dodge Jeep Ram store puts a family auto group on a leaner path as first-time dealers take the helm.
Read More →
Battery Storage Takes Priority Over EVs
U.S. automakers are prioritizing battery energy stationary storage over electric-vehicle production as the consumer demand for EVs lags the rest of the world.
Read More →
Auto Dealers Feel Better But Not Great
A second-quarter Cox Automotive poll of franchised retailers and independents found better views of the current market after a good spring but anticipation of third-quarter storminess.
Read More →
New-Vehicle Sales Picture Relative
A May forecast is complicated by last spring’s trade tariff effects on auto retail. Despite continued hard realities, many consumers took advantage of ways to bite the bullet.
Read More →
Auto Group Acquires Third Nissan Rooftop
Iowa-based Coleman Automotive Group recently acquired its seventh dealership, McGrath Nissan, which it renamed Nissan of Elgin.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Building an Extraordinary F&I Agency
Work to determine your specialized talent, because that fact will determine everything about your agency’s future.
Read More →
Recipe for Compliance
The secret to both amazing barbecue and compliance is the same: understanding the basics and committing to a process.
Read More →
EVs Getting More Attractive
A growing percentage of U.S. consumers are open to switching and fewer are adverse to the idea, according to a recently completed survey. That’s despite the end of a tax break.
Read More →
EV Sales Drop in April Following Surge
North American electric-vehicle sales were down 28% year-over-year, a sharp contrast from global EV sales growth of 6%.
Read More →