News in Numbers

7%

A decrease of this size in UK car manufacturing output was recorded in April 2024 compared to the same month last year, with 61,820 vehicles produced, according to the SMMT.

8

The number of EV models that demonstrate strong value retention, making them attractive options for buyers concerned about depreciation, identified by Oracle Car Finance.

£410m

This amount in additional financing has been secured by Zenobē, a provider of electric vehicle fleet and battery storage services, to accelerate the rollout of electric buses across the UK.

90,000

The number of jobs forecasted to be shed by the German auto sector by 2030, due to digitalisation, automation, relocation and outsourcing, according to global consultants Strategy&.

13.7%

A significant 13.7% jump in new car sales in the EU market in April 2024 has been reported by the European Automobile Manufacturers’ Association.