Used car sale sign
Adding a video to an online advert provides 20-25% more leads, says Johan Sundstrand, CEO of Phyron
Dealership, sales and marketing

Video adverts net uptick for used car retailers

Pandemic emphasised how use of video can help retailers boost leads and slash sale times

13 October 2022
Video adverts net uptick for used car retailers
Renault Korea model
The model's obscured lines show an SUV-style car, which will feature a hybrid powertrain
Business

Renault Korea and Geely preview first joint-venture model

New joint venture with Chinese firm comes more than a year after Renault ended its agreement with Dongfeng

12 October 2022
Renault Korea and Geely preview first joint-venture model
Hyundai Ioniq 6 rear
Hyundai, Kia and Genesis EVs will be heavily inter-connected from 2025
Connected cars

Hyundai Motor Group details huge £11 billion software ramp-up

New operating system and platforms inbound in push to boost vehicles' functionality, value, capability and intelligence

12 October 2022
Hyundai Motor Group details huge £11 billion software ramp-up
Fiat 500 electric Mirafiori production line
Stellantis is confident it can generate £1.7 billion in revenue from remanufacturing annually by 2030
vehicle manufacturing

New Stellantis arm to extend combustion car lifespans

Circular Economy Business unit will supply remanufactured parts in as-new condition

11 October 2022
New Stellantis arm to extend combustion car lifespans
Nissan badge 2022
The sale of Nissan's Russian business is expected to incur a loss of £620 million
Finance and corporate

Nissan announces total exit from Russian market

Nissan is selling manufacturing and sales assets to state with six-year buy-back agreement in place

11 October 2022
Nissan announces total exit from Russian market
Storedot test battery cell pouches
Storedot's silicon-anode cells are claimed to have a 300Wh/kg energy density
Tech, development and manufacturing

Storedot hails ‘extreme fast-charging’ silicon batteries

OEMs impressed by battery tech that allows for 100 miles in five minutes, but CEO says it still has long way to go

11 October 2022
Storedot hails ‘extreme fast-charging’ silicon batteries
BMW dealership forecourt 2021
"I worry about supply coming back!” said Vertu CEO Robert Forrester in May
Retail and finance

UK car dealers make record profits per sale amid supply shortages

Supply shortages driving price hikes mean some major dealers are making thousands more per sale in 2022

11 October 2022
UK car dealers make record profits per sale amid supply shortages
range rover sport 09 front tracking 0
The order book has been fuelled by the release of the new Range Rover and Range Rover Sport
Finance and corporate

JLR order book rises to more than 205,000 cars

But Tata-owned British firm is increasing production as it pushes to reverse £524m loss

10 October 2022
JLR order book rises to more than 205,000 cars
Renault Megane E Tech Electric production line
Renault Mégane E-Tech Electric is built at ElectriCity
Tech, development and manufacturing

Renault puts France at centre of EV production plans

New Renault 4 and Renault 5 to be built at ElectriCity hub alongside new Megane and next-generation Scenic

7 October 2022
Renault puts France at centre of EV production plans
West Midlands Gigafactory 2022 Richard Moore (l)
Richard Moore was recently hired by West Midlands Gigafactory to lead its strategy
Environment and energy

West Midlands battery boss on taking UK output to 100GWh

West Midlands Gigafactory strategy lead Richard Moore lays bare the challenges faced by UK-based EV battery firms

7 October 2022
West Midlands battery boss on taking UK output to 100GWh

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