With geopolitical tensions continuing, the cost of fuel continues to rise but there are some free ways to stretch economy. That's why Ash Young, car expert at 1dot has shared simple tips to help drivers cut fuel use and save money: Check your tyre pressure every other week to reduce drag and increase consumption. Clean your windows and … [Read more...]
Diesel drivers feeling the heat of higher prices
Drivers with diesel cars are really feeling the heat with the average price at the pump climbing above 161p a litre for the first time since early November 2023, said RAC head of policy Simon Williams. Prices have shot up 19p a litre in just over two weeks, adding over £10 to the cost of a full tank. The average cost of filling up a 55-litre family car with … [Read more...]
Fuel bills are worrying motorists
Rising fuel bills are motorists major concern. RAC head of policy Simon Williams said: “Drivers tell us the cost of motoring is a major concern, and fuel is a huge contributor to that, so making sure they’re paying a fair price at the pumps is essential. For that reason, we welcome the competition watchdog's scrutiny of what’s happening on forecourts … [Read more...]
Electric used-cars values still falling
Petrol prices are rising, but not quickly enough to encourage a big swing to electric cars, even used models. More than half of used dealers (52%) believe electric car prices and values could further worsen this year, according to the latest research. March’s Startline Used Car Tracker shows 49% say consumer demand isn’t high enough to support values, 42% … [Read more...]
Weekend roadtest: Geely EX5 Max
If you think Geely is a new brand in Britain, think again. While it launched its first badged model, the Geely EX5, last year it has been quietly contemplating its place and plans for some years. Geely is deeply involved behind the scenes with our own Lotus sports car makers, and is providing the knowledge and expertise for Volvo and Smart electric … [Read more...]
Volvo recall 10,500 cars over EV fire risk
About 10,500 UK users of the Volvo EX30 Long Range model have been told not to recharge them more than 70% because of a fire risk. It is part of a global recall to avoid charging their car beyond 70% capacity until work has been carried out to replace faulty motors supplied by Geely. Globally, 40,000 of Volvo’s EVs have been subject to the recall, which … [Read more...]
Tribunal slashes public charging VAT
Motorists are likely to see a dramatic drop in costs for recharging an electric vehicle in public places as points widen. A UK court has ruled that the 5% ‘domestic’ VAT rate should apply for charging an electric vehicle on the public network, instead of the 20% currently paid by drivers. Community charge point operator, Charge my Street, had protested the … [Read more...]
Too early to expect pump prices to rise
It is too soon to say if pump prices will rise after the outbreak of Middle East hostilities on Saturday. RAC head of policy Simon Williams said, “While the conflict in the Middle East undoubtedly has the potential to push up pump prices in the UK, it’s not a certainty. The oil price would have to rise significantly and stay that way for some time to have … [Read more...]
Middle East conflict warning for motorists
The escalating conflict in the Middle East has put $100-per-barrel crude oil prices into sharp focus. Analysts from major institutions such as Barclays, Goldman Sachs, and JPMorgan are projecting potential spikes to $100-130 per barrel if the Hormuz Strait faces prolonged disruptions, as it handles about 20-21% of global oil supply and significant LNG … [Read more...]
New Chinese brands now spreading through used market
Almost half of used dealers (45%) say they have added cars from Chinese new entrants to their stock, according to new findings. February’s Startline Used Car Tracker shows 45% say they sell quickly, 33% they represent good value and 20% buyers like the cars on offer. However, 37% of motor retailers are waiting to see how reliable they prove to be, 20% … [Read more...]
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