Robert Forrester, Chief Executive of Vertu Motors, said manufacturers were delaying deliveries of cars until next year amid fears they will otherwise breach quotas set for them by the Government. This means someone ordering a car today at some dealerships will not receive it until February, he said.
At the same time, Mr. Forrester warned manufacturers and dealers were grappling with a glut of more expensive electric vehicles (EVs) that are “not easily finding homes”…
The Chief Executive blamed the zero emission vehicle (ZEV) mandate, which requires at least 22% of cars sold by manufacturers to be electric from this year.
This target will gradually rise each year before reaching 80% in 2030, with manufacturers made to pay £15,000 for every petrol car that exceeds their quota – unless they have so-called carbon credits to spend.
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