Working towards towards “zero servicing” – with vehicles never having to visit workshops unless a fault was detected – presents huge dangers
Tesla’s best-selling Model 3 has continued to prove its popularity, this time in the subscription car stakes
Catch up on the latest leasing broker news in the 11 April 2023 Broker News newsletter
DESPITE Tesla’s Model Y being the best-selling new car in March, the brand’s overall registrations for both the month and the first quarter of the year were down more than 2,000 units. The significant drop has contributed to a stalling of the total EV market share.
For March, Tesla was down 2,428 cars and for the quarter it was down 2,192 units.
The figures would suggest that, despite Tesla’s recent price cuts…
Catch up on the latest leasing broker news in the 17 January 2023 Broker News newsletter
NEW car supply is beginning to ease across certain brands and certain model lines, coinciding with a drop in consumer demand, according to Broker News sources.
As indicated by the new car registrations data for the last quarter of 2022, supply for a few brands and specific models has eased to the point where fleet and business channels have begun to increase.
Reports from retailers
Catch up on the latest leasing broker news in the 10January 2023 Broker News newsletter
There is a clear divide between individual models. There are some that are in demand, with long waiting times, and those that are freely available. This indicates it’s more a popularity contest than a production problem and that it’s not a brand issue but a model issue.
OF ALL the new car sales trends of 2022, perhaps the most significant is that brand is less important than product.
Those car makers with good individual products (in good supply) have