The ongoing fuel crisis is detering new car buyers, according to Close Brothers Motor Finance. A fifth (20%) of the UK public admit the fuel shortage up and down the country has put them off buying a new car. The research, which examined the impact of the national fuel shortage on car buying, found that well over a quarter (27%) say the crisis has made them think about purchasing an … [Read more...]
Tradelines 6 October
Amidst the fuel delivery crisis the average price of a litre of both petrol and diesel rose in September to make a tank around £12 more expensive than a year ago, according to new RAC Fuel Watch data. Unrelated to the current troubles at the pumps, unleaded went up 1.5p to 136.83p while diesel rose by 2.5p to 139.25p, making petrol 22p a litre more expensive than a year ago (114.61p 30 … [Read more...]
Newslines 28 September
Rolls-Royce Motor Cars will tomorrow unveil its detailed plans for a pure electric model before the end of this decade. The company has already said what priorities it will use to launch the model when it is right for their customers and the recharging infrastructure exists to support the car, after showing a concept several months ago. Welsh Conservative Shadow Minister for Technology … [Read more...]
Fuel prices rise for seventh consecutive month
After the seventh month of rising prices petrol is now more than 22p a litre more expensive than a year ago – the biggest 12-month increase seen for 11 years, says RAC Fuel Watch. Unleaded went up by more than 2p a litre (2.24p) in May to 129.27p while diesel also increased by a similar amount (1.95p) to 131.59p. In the seven months since the country last saw the average price of petrol fall … [Read more...]
Tradelines 21 April
The Volkswagen ID.4 has been voted World Car of the Year 2021. Over 90 international motoring writers nominated the pure electric model and it marks the fifth time VW has taken the top award. Future smart motorways have been parked up until radar technology improves to make them safer after a series of fatal accidents and severe injuries. The Government announced the halt following protests … [Read more...]
Drivers in line for fuel price cut
Virtually static petrol prices in October should give way to pump price cuts of up to 5p per litre within the next two weeks, according to RAC Fuel Watch, with Asda already leading the charge with a fuel price cut this morning. Although the price of a litre of petrol was practically unchanged for a second month running at a little over 114p on average last month (114.53p at the start of the … [Read more...]
Newslines 12 May
RAC fuel spokesman Simon Williams welcomed the move by Morrisons supermarket to cut fuel to under 100p a litre, but had a warning. “Unfortunately though there is a darker side to any large price cuts – they heap yet more pressure on smaller independent fuel retailers, who in some cases are already fighting for survival as a result of the coronavirus outbreak and iIt remains to be seen how long … [Read more...]
Fuel costs falling again
The average cost of filling up a car with unleaded petrol has dropped to its lowest level since May 2016, as a result of the historic oil price falls caused by the coronavirus outbreak, shows data from RAC Fuel Watch. The average price of a litre of petrol fell by 4.15p in April, from 113.1p to 108.95p, meaning the cost of filling a 55-litre hatchback car fell from £62.21 to just £59.92. Those … [Read more...]
Fuel prices rip off claim
Motorists are being ripped off by petrol companies,claims the AA has which says falling oil prices are not being reflected on forecourts. The motoring group calculates drivers are overcharged by more than £5 a tank. "Questions will be asked about the fairness of pump prices during the great oil crash of 2020," the AA said. The RAC has said the same. Bu Brian Madderson, chairman of the Petrol … [Read more...]
Sunday drive: On the road and in the news
With the greater part of the World in coronavirus lockdown, in the UK there are no showrooms open with any business available mainly being done on-line and all car and component manufacturers factories are shut down, writes David Miles. UK new car sales figures released this week by the Society of Motor Manufacturers and Traders show sales fell by 44.4% in March and are down by 31% for the first … [Read more...]