New data from Wagonex revealed that younger drivers are most likely to acquire a car on subscription. Drivers aged 26-35 are six times more likely to get a car on subscription than those aged 56-65, and eleven times more likely than those aged 65+. With the latest sector statistics revealing that the UK’s car subscription market is the biggest in Europe … [Read more...]
Vehicle thefts soaring again & Wales in top five
Over 350 vehicles a day are taken and a large number are never seen again, according to the latest ONS crime report. Government data shows that there were nearly 130,000 recorded vehicle theft crimes in the 12 months to March 2024, and many end up broken for parts or shipped abroad for resale. One region in Wales was in the top five favoured by … [Read more...]
On-line car sales have limited appeal, trade believes
Limited potential for online-only motor sales was the top reason for the recent collapse of Cazoo, say dealers. Research from July’s Startline Used Car Tracker shows half of dealers surveyed said this was a problem, followed by 37% who said investors overestimated efficiencies that could be accessed through technology, and 35% that they failed to recognise … [Read more...]
EV holiday drivers face up to 120 hrs to charge cars
With the six-week holidays around the corner, Cornwall, Devon and North Wales have emerged as the best UK staycation destinations to visit in an electric vehicle. New research by ATS Euromaster has shown these hotspots ranking top in a nationwide study into the number of summer holiday visitors versus EV chargers in some of the UK’s leading staycation … [Read more...]
Go.Compare reports falling premiums
Go.Compare car insurance says car insurance costs are beginning to fall, with the average insurance premium now at £447. The comparison website’s latest price index has revealed that even though the average cost of car insurance fell by £18 in the last quarter - from £465 to £447 - prices are still up on 2023 figures, with the average policy costing £343 … [Read more...]
Vans are mobile adverts for businesses
Vansdirect has spotted that searches for ‘van modifications near me’ have increased by a staggering 150% in the last three months, highlighting the growing interest in personalising vans and improving the vehicle’s efficiencies. Fortunately, for those spending considerable time on the road, there are many modifications that can improve the safety, comfort, … [Read more...]
Young drivers hit with premiums over £3,000
The cost of car insurance for a 17-year-old motorist who has just passed their driving test has reached £3,075 on average, according to new research from Compare the Market. This is a substantial £1,071 increase, or 53%, in the typical cost of car insurance for a 17-year-old from last year's £2,004. The average cost of car insurance for a driver with a … [Read more...]
Octopus Energy power manages a gigawatt of batteries
Octopus Energy says that the UK’s most popular electric vehicle tariff, Intelligent Octopus Go, now manages a combined 1 gigawatt (GW) worth of EV batteries. 150,000 EV batteries are combined into a virtual power plant via Octopus Energy’s proprietary technology platform, Kraken. This enables them to automatically shift their charging to greener and … [Read more...]
Golden anniversary of Mitsubishi in Britain
Mitsubishi Motors in the UK is celebrating its 50th year of trading in 2024 and is marking the anniversary with a calendar of events to honour the brand and its heritage. The 50th anniversary year kicked off in February at the annual Mitsubishi Motors in the UK Aftersales Conference. The event brought together all 110 Mitsubishi aftersales dealers across … [Read more...]
Gone but not forgotten classics we still hanker for
Cars are discontinued as they become less profitable, powerful and able to compete within the market. It has already been announced that models such as the Audi R8, Mercedes-Benz C Class and Jeep Cherokee will be discontinued in 2024 and ATS Euromaster has used on-line search data over the last 12 months to determine which discontinued cars are missed the … [Read more...]
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