51% of dealers think arrival of Chinese EVs will see existing manufacturers fold
51% of dealers think arrival of Chinese EVs will see existing manufacturers foldJun 06, 2023
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Stellantis and Galloo to form joint venture for end-of-life vehicle recyclingStellantis N.V. and metals recycler Galloo have announced they have signed a Memorandum of Understanding to enter into exclusive negotiations to form a joint venture focused on End-of-Life Vehicle (ELV) recycling as part of the automaker’s continued commitment to build its circular economy activities.
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New car market maintains momentum with tenth month of growthThe UK new car market has posted its longest uninterrupted period of expansion for eight years, as registrations grew 16.7% in May to reach 145,204 units according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The performance marks 10 consecutive months of growth, although registrations remain -21.0% below pre-pandemic 2019 levels.
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