Moneyshake Car Round-Up: Car Industry Faces 50% Increase In Energy Bills, Skoda Superb 2023 Spotted And More!< Back to blog
There’s plenty going on in the car industry that we’ve got in store to update you on in this week’s Moneyshake Car Round-Up.
From a brand-new Skoda Superb spotted in camoflauge to UK car industry energy bills rising by 50% and putting strain on its ability to be competitive, we’ve got the latest headlines from around the car market to keep you up tp speed.
Read on to find out the latest in the automotive world!
Car industry faces 50% increase in energy bills
UK car manufacturers are facing a 50% increase in energy costs this year, analysis from the Society of Motor Manufacturers and Traders (SMMT) has warned.
According to their research, UK electricity prices are the most expensive of any European automotive manufacturing country, as well as being 59% above the EU average.
Additional costs of producing vehicles and components in the UK is meaning manufacturers are at a competitive disadvantage, the body has warned.
According to Chief Executive of the SMMT, Mike Hawes, the sector will need urgent support with energy prices in order to remain competitive and drive the transition to net zero.
2023 Skoda Superb spotted in camoflauge
Spyshots have revealed the 2023 Skoda Superb in all its might and confirm what Skoda has said about the fourth-generation version of the car. That is, it’s bigger and has more tech onboard.
From the spyshots above, we can see there’s a new octagonal grille that sits between sleeker new headlights.
Bigger dimensions are more obvious at the back, where long overhangs give the car’s size away.
There’s also a lot of solice we can take from the fact that it’s pulling a not insignificant trailer.
According to the latest reports from Skoda, the car should be available in mild hybrid and plug-in hybrid petrol power.
While a release date hasn’t been confirmed for the new Skoda Superb yet, we can expect orders for the car to be available from late 2022/early 2023.
Electric car uptake increases 17.7% in May; most popular models revealed
Despite a myriad of challenges facing the industry, May saw registrations of electric cars increase by 17.7%, representing one in eight cars, as the industry pushes hard to deliver sustainability.
Mike Hawes, SMMT Chief Executive, said,
In yet another challenging month for the new car market, the industry continues to battle ongoing global parts shortages, with growing battery electric vehicle uptake one of the few bright spots.
Delivering on Net Zero means renewing the vehicles on our roads at pace but, with rising inflation and a squeeze on household incomes, this will be increasingly difficult unless businesses and private buyers have the confidence and encouragement to do so.
- Vauxhall Corsa
- Ford Puma
- Ford Kuga
- Volkswagen Golf
- Mini Hatchback
- Nissan Qashqai
- Kia Sportage
- Kia Niro
- Volkswagen Polo
- Hyundai Tucson
Mercedes-Benz A-Class and B-Class to be axed in 2025
The decision is part of Mercedes-Benz’s plan to increase the number of its pure-electric models. However, we understand that it won’t be abandoning the compact car segment completely.
Want to keep up to date with the latest car news, reviews and entertainment? Head over to the Moneyshake blog for more.