Despite a further 12p (12.31p) coming off the price of the average price of petrol last month – the largest monthly drop on record – pump prices remain a long way off what the RAC believes are fair given current wholesale fuel costs, new RAC Fuel Watch analysis shows. The average price of a litre of unleaded is now under 170p (169.8p) for the first time since May, with the price cuts made by … [Read more...]
Range Rover is top of flops
Land Rover Range Rover is the most unreliable used car, according to Warrantywise’s annual Reliability Index. Warrantywise, the country’s leading extended car warranty provider, reveals that Land Rovers, BMWs, and Porsches take up seven out of ten of the least reliable models from the Reliability Index data range. The data, only including cars that are less than ten years old, outside of … [Read more...]
Tradelines 31 August
Nearly half of motorists planning to buy a car in the next year would be prepared to pay more to skip waiting lists caused by supply chain problems, according to research from Close Brothers Motor Finance. It follows a fifth consecutive month of decline in registrations in August, which the Society of Motor Manufacturers and Traders attributes to ongoing global supply chain issues, predominantly … [Read more...]
Britain unprepared for ev switch in eight years
Rising electric costs are blowing the fuse on plans for expanding ev sales in Britain. A comprehensive survey by Rivervale Leasing found that the escalating cost of energy is the most common concern, as 21% say that they think the potential of higher home charging tariffs could stop the UK from switching to electric. Vince Pemberton, Chief executive officer at Rivervale Leasing admits, “It’s … [Read more...]
Easing off & driving abroad
As the school holidays end and Brits head home, it's the perfect time for taking an autumn break and driving abroad before winter sets in. Picture yourself driving under the wild Spanish sun, through the Black Forest of Germany, or along the coastline of the French Riviera. Windows down, you can feel sunshine on your face and a warm breeze, with your favourite playlist on full blast. Europe is … [Read more...]
Fleets see savings in EVs
Cost advantages and lower environmental impact head the list of reasons why UK businesses are electrifying their company cars, suggests research from the latest Arval Mobility Observatory Barometer. The factors mentioned by fleet and mobility decision makers in the research were topped by reduced fuel expenses (66% of those questioned – up from 54% in 2021) and, in second place, tax incentives … [Read more...]
Newslines 23 August
Octopus Energy Group and National Grid ESO have announced the first successful integration of vehicle-to-grid technology, using a test environment of the Balancing Mechanism, the primary tool used by National Grid ESO to balance Great Britain’s electricity system in real-time. This is the first time that vehicle-to-grid technology has been demonstrated in Great Britain to show that electric … [Read more...]
Mixed signals in bus and cv sales, say manufacturers
SMMT released its second quarter registration figures for the HGV, Bus and Coach sectors, and mixed signals could be found. The UK new bus and coach market grew slightly by 0.6% to 1,066 units, with the good news that single-deck buses were up 65.3%, while double deckers – which represent a greater share of the market – fell by -24.9%. While ridership levels have gradually been improving since … [Read more...]
Newslines 23 August
The Swedish electric performance car company Polestar confirmed plans to put their electric roadster concept into production. The production car is expected to launch in 2026 as the Polestar 6 electric performance roadster and interested customers can now reserve a car online. Latest research shows that an increasing number of young Brits are bracing themselves for the huge … [Read more...]
Inflation puts brakes on ev models
Rising inflation and cost of living will put the brakes on car sales, particularly electric models, says Close Brothers Motor Finance. It will also slow down the UK Government’s drive towards greener policies for other products and services, according to Lisa Watson, Director of Sales at Close Brothers. The cost-of-living crisis is having a hugely damaging impact on people’s lives, and … [Read more...]