Motoring Podcast - News Show

FOLLOW UP: CHINA UNHAPPY AT EU SUBSIDY PROBEIn a move that should surprise no one, China has complained about the process and speed of the EU’s investigation into the possibility of state backed subsidies for Chinese EV makers. Click here to read the Reuters article with plenty of quotes from China making it clear there will be ramifications. FOLLOW UP: PENDRAGON SUITERS DOWN TO TWO The Hedin Penske bid for Pendragon has been removed, which leaves two suiters. A report this week has suggested that the AutoNation offer can increased and take it well above the Lithia Motors proposal. If they do, the board of Pendragon are expected to recommend AutoNation. You can read more by clicking this article from AMOnline, here. SEPTEMBER 2023 NEW CAR REGISTRATION FIGURES No matter how positive many are trying to be about September’s figures, they were dreadful. Overall, whilst better than 2022 and ignoring the Covid years, it was the lowest since before 2007, EVs failed to break 16% again, private EV rates are down 14%