Diesel car ban and the impact on the motor industry
In 2040, the government will ban the manufacturing of diesel and petrol cars in a bid to tackle air pollution. All news cars will either be petrol hybrid or electric vehicles, with the aim of all UK cars eventually being “effectively zero emission”.
HPL Motors are now increasing their stock of hybrid/electric cars, so you can get ahead of the game and fall in love with your eco-friendly vehicle.
As a result of this ban, as well as the notorious Volkswagen emissions scandal, there has been a decline in new diesel car sales. The number of newly registered diesel cars has declined by 26% between 2017 and 2018. The Vehicle Remarketing Association (VRA) has claimed that as a consequence, there could be a lack of used diesel cars on the market in the future. The number of new diesel vehicles entering the market is declining, whilst the want for used diesel cars remains the same. This is creating a lack of supply for the demand of diesel cars.
You will be able to buy used diesel cars during the ban, however, if trends continue, there will not be enough new diesel cars manufactured to supply the used car market.
However, Jonathan Herman, Managing Director of HPL, says the ban will have some positive outcomes for the motor industry: “I think it’ll be good for the motor industry in the long-run. It would be more reason for people to change cars.”
Electric cars are currently only 1% of sales, whilst 12 million Brits still choose diesel cars.
HPL Motors are currently increasing their stock of hybrid/electric cars, so you can get ahead of the game and fall in love with your eco-friendly vehicle. Click here to view our range.
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