Business

BMW i7 2023 front quarter tracking

BMW CEO Oliver Zipse justified low i7 sales as "not a surprise"

Electric vehicles

High-end electric car sales lag as buyers favour 'ultimate' ICE models

BMW sold 245 i7s in China during the first half of 2023, compared with around 5000 7 Series

7 August 2023

High-end electric car sales lag as buyers favour 'ultimate' ICE models

1 car dealership

Car sales

Editor’s letter: Why car discounts are 21% higher than last year

What Car? Target Price index shows there has also been a 48% increase in PCP finance support

4 August 2023

Editor’s letter: Why car discounts are 21% higher than last year

Dealers

'Dealers are our engine, they're crucial,' says Fiat Europe boss

Italian brand joins Honda in backing dealer network and rejecting all-out direct-to-customer sales

4 August 2023

'Dealers are our engine, they're crucial,' says Fiat Europe boss

maserati mc20 cielo driving front side

Rivals of Maserati, such as JLR and Mercedes, have already moved or are moving to an agency model

Car sales

Maserati will 'assess how rivals do' before making agency switch

UK boss says he is 'pretty happy' with its dealer network model 'but we’re watching very closely'

2 August 2023

Maserati will 'assess how rivals do' before making agency switch

The number of available used cars has shrunk due to the sharp reduction in new car sales and production caused by supply issues and the Covid pandemic

Dealers

Lack of stock forces used-car dealer Peter Vardy to close two sites

Dundee and Glasgow branches of Peter Vardy Carz supermarket chain are part of nine across the country

1 August 2023

Lack of stock forces used-car dealer Peter Vardy to close two sites

Lotus Evija and Eletre in Mayfair showroom

Showroom floor currently hosts Lotus's new-car line-up, but may rotate with historic models

Dealers

Lotus opens flagship London dealer ahead of major sales push

Mayfair ‘brand centre’ opens to build brand awareness and cater to most valued clients

1 August 2023

Lotus opens flagship London dealer ahead of major sales push

lamborghini huracan sterrato driving front 3 4 dynamic 0

Off-road Sterrato is final version of V10-engined Huracán

Car sales

More records for Lamborghini as sales soar in first half of 2023

Huracán and Urus sold out until end of their production run; UK was firm's second biggest market

31 July 2023

More records for Lamborghini as sales soar in first half of 2023

grecale front cornering

Grecale SUV, priced from £61,500, was a key driver in Maserati's sales push

Car sales

Maserati sales up 42% in H1 after significant push for new Grecale

Italian brand posted pre-tax profits of £104 million for the start of 2023, up 95% on the year before

28 July 2023

Maserati sales up 42% in H1 after significant push for new Grecale

2021 Fiat Panda front three quarters in studio

Car sales

Fiat was best-selling Stellantis brand in first half of 2023

Italian brand sold nearly 650,000 cars worldwide; 12-year-old Panda supermini is Italy's most popular car

28 July 2023

Fiat was best-selling Stellantis brand in first half of 2023

bentley bentayga ewb 01 front tracking

The Bentley Bentayga was the firm's most popular model, taking 44% of sales

Finance

Bentley expecting tough end to 2023 after H1 sales drop

Crewe-based firm boosted by increased demand in Mulliner division, which kept profits stable

28 July 2023

Bentley expecting tough end to 2023 after H1 sales drop

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