A leasing company has analysed a popular online car marketplace and compared the prices of the UK’s most popular used cars against the number of miles the car had done to uncover the average depreciation cost per mile our cars drive. The average price an petrol or diesel car depreciates is 67ppm or by £4,669.90 a year compared with an evs cost of 55ppm and £3,833.50 annually, meaning evs save 18% … [Read more...]
Newlines 1 February
Tesla has delayed production plans for their cyber truck until 2023. It has also postponed launching a compact European sized electric Model2 below its current Model3 and ModelS as it builds on capacity for the current cars enjoying unprecedented demand which will see the company make over a million models this year. Toyota Motor Co sales rose by 10.1% last year, making it the world's biggest … [Read more...]
Bentley will go all electric beginning in three years time
Bentley is going electric. A new family of luxury bespoke cars will be assembled in its Crewe factory from 2025 as part of a £2.5 Billion investment in sustainability over the next decade. The first BEV is scheduled to roll off the production line in 2025 and will mark a significant moment in Bentley’s long and illustrious history. It is also a critical step in the company’s Beyond100 … [Read more...]
Fleets fear petrol & diesel value collapse
Fears over the future residual values of internal combustion engine cars and vans are increasingly helping to drive fleet adoption of electric vehicles, FleetCheck is reporting. Andy Kirby, customer success director, said that worries were being expressed across its outright purchase user base that demand for used petrol and diesel vehicles might start to substantially fall in the second half of … [Read more...]
Newslines 25 January
Production of the Rasa hydrogen car by Riversimple of Llandrindod Wells has been pushed back from this year to 2024. That is when it anticipates a manufacturing plant with 220 people will be completed in Mid Wales and the company can also look at adding a saloon and commercial vehicle to the current coupe offering, founder Hugo Spowers has told media. The Nissan Qashqai is the safest car you can … [Read more...]
Newslines 21 January
Cardiff has come tenth in a list of the best UK cities for electric vehicles. Looking at charging points, costs, population and power outputs of points, Forbes Advisor put the Welsh capital alongside Brighton but they are a long way below top ranked Sunderland and Coventry. The cost of car insurance has increased by £64 year on year, according to the latest figures from … [Read more...]
Sustainable fuels offer a breathing space
Sustainable fuels would provide a breathing space until full electrification and a charging network throughout the UK is working. That's the view of Coryton blended hydrocarbon fuels. Few deny that electric vehicles run on renewable energy and produced in an environmentally and socially conscious way is the ultimate goal that road transportation needs to aim for – but it’s not a quick … [Read more...]
Motoring costs revealed across Europe
Copenhagen is the most expensive European capital to own a car with London a close second. Denmark’s capital is the priciest place for motorists, coming out as the most expensive based on our index of 43 cities. London isn’t too far behind, living up to its reputation for being a costly capital in the number two spot, according to analysis by Vehicle Contracts. Copenhagen has one of the … [Read more...]
Rally1 cars unveiling this weekend
The superstars of the FIA World Rally Championship’s ground-breaking new hybrid era will rip the wrapping from the 2022 season at a spectacular year launch in Austria next weekend. For the first time, the WRC’s dramatic new-generation Rally1 cars from the three manufacturer teams will be together in Salzburg’s innovative Hangar-7 museum as the series’ new-look sustainable future is unveiled on … [Read more...]
Welsh buyers shunned new cars last year
Wales was the only part of the UK to record a fall in total car registrations last year, says the Society of Motor Manufacturers and Traders. The car sales body reported 56,935 registrations in Wales in 2021, a drop of 4.46% from 2020 when they reached 59,594 but every other part of the country saw sales rise. Throughout the UK, total figures were 1,647,181 new cars registered in 2021 and that … [Read more...]