Automotive Industry Digest

Latest Fleet News For The Automotive Industry

The Editor's View

The Editor’s View

Volvo XC40 Recharge P8 AWD in Glacier Silver

Positive news out of Volvo again this week as they achieved their 10th consecutive month of sales growth, as the company’s global sales increased by 97.5 per cent in April compared with the same month last year. In the US, sales increased by 185.5 per cent in April compared with the same month last year, mainly driven by strong demand for the XC90 and XC60, in the European market sales grew to 25,816 cars for the month of April, up 178.0 per cent compared with the same period last year. Other manufacturers are also recording very positive sales growth.

The positive increase in car sales isn’t however showing up as an increased usage of cars, A third (32%) of British motorists are using their cars less than they were two years ago, new research has found. Running costs such as fuel, tax and servicing and maintenance combined with changing work and homelife circumstances lead people to find alternative modes of getting around and leave the car at home. The research also highlighted some other interesting trends and data with 29% saying lower running costs and no car tax would lead them to consider an electric car whilst 14% would lease an electric car rather than committing to buying one.

Automotive Industry Digest

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