Arval UK has more than doubled the number of electric vehicles (EVs) on its UK fleet in the 12 months to the end of June. There has been a 102% growth from 11,225 to 22,630 units, meaning that EVs now represent 12.2% of its total fleet – up from 6.4% at the same time last year and the total figure breaks down into a 98% increase in the number of electric cars to 21,639 and a 249% rise in electric … [Read more...]
Insurance premiums rising again
The average cost of insuring the ten most popular car models in the UK has increased by £100 year-on-year, according to comparethemarket.com. Drivers of one of the most popular cars typically paid £675 for their car insurance between March and May this year – up from £575 in the same three months in 2021. Driving has become increasingly unaffordable, as 84% of motorists have spent more on fuel … [Read more...]
Newslines 9 June
Welsh Government has grounded the £2.9M a year daily flights between Cardiff and Anglesey, which had stopped over the last two years due to Covid-19. It said air pollution and passenger numbers did not make a case for the service with more home working and now funds will be given to develop better broadband provision in North Wales and invest in rail and bus links between the centres. European … [Read more...]
Motorists are struggling as diesel hits record high
One in four motorists have struggled to afford the cost of driving in the past month, according to comparethemarket.com. The research, based on a national poll of 2,000 motorists, found one in three drivers (33%) is worried that they won't be able to cover the cost of driving in the coming weeks. Driving has become increasingly unaffordable, as 84% of motorists have spent more on fuel in the … [Read more...]
Bigger savings emerging with electric cars
The annual running cost of an electric vehicle is now £579 cheaper on average than a petrol-fuelled car, according to the latest research from comparethemarket.com. This saving in cost has increased from 2021 when EVs were just over £400 cheaper to run. The research, which analyses the price of insurance, fuel, and road taxes, shows that the average annual cost of running a petrol-fuelled car is … [Read more...]
Newslines 18 March
Automobili Lamborghini concluded the financial year 2021 with the best results ever in terms of sales, turnover and profitability, confirming a solid and winning strategy. The Italian supercar maker saw sales rise 13%, turnover went up 19% and profits improved 20.2%, said Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini. The average annual cost of running a typical car has … [Read more...]
Newslines 15 February
The supply of used diesel cars is dwindling in parts of the UK, with market share falling by as much as 40% in a year in some areas, analysis by AA Cars. Sales of new diesel and petrol cars will be banned from 2030, and some drivers have already begun shifting to greener vehicles while the introduction of Clean Air Zones and higher taxes on the most polluting models have steadily made diesels … [Read more...]
Countdown to saving car insurance
Drivers could be missing out on significant savings by not switching their insurance policy at the optimum time, according to comparethemarket.com. Ursula Gibbs (below), director of comparethemarket.com, said,“Insurance pricing can be complicated, and insurers use a wide array of factors to decide the cost of a policy. "However, our figures clearly show that prices change significantly … [Read more...]
Drivers warned about leaving it late to switch insurers
Time is running out if you want to save money and switch insurers before a new law takes effect. Price analysis website Comparethemarket.com has studied UK car insurance premiums over the last nine years revealing drivers are losing up to £350 by not switching their insurance at the optimum time. Significant savings can be made based on the number of days left on your policy and the time of … [Read more...]
Tradelines 3 November
The average prices of both petrol and diesel hit new record highs in October after rising by nearly 7.5p and 8p respectively – with the price of unleaded rising faster than in any month since 2000, reports RAC Fuel Watch. On Sunday 24 October petrol exceeded the 142.48p a litre all-time peak set on 16 April 2012 by reaching 142.94p, then the price has continued to rise, finishing the month at … [Read more...]