While December saw the average price of fuel fall by 9p a litre saving drivers £5 a tank, the RAC believes drivers should have seen much bigger drops due to far lower wholesale costs. RAC Fuel Watch data shows petrol fell by 8.4p last month to 151.06p making a full 55-litre tank for a family car £4.63 cheaper (£83.08). Diesel came down by 9.4p to 173.97p … [Read more...]
Finance News
Best Used Cars of 2022
Hatchbacks and city cars were the fastest selling used models of 2022, according to the latest ranking by AA Cars. The Ford Fiesta has retained its title of the most popular car overall for the eighth year in a row. The trend for smaller vehicles in this year’s fastest selling list reverses 2021’s ranking, in which eight of the top 10 quickest selling … [Read more...]
EVs overtake diesels in 2022 UK market
New car registrations continued to improve in December and the market in Britain reached 1.61M, but still the lowest in three decades. The UK new car market recorded its fifth consecutive month of growth in December, with an 18.3% increase to reach 128,462 new registrations, according to the latest figures from the Society of Motor Manufacturers and … [Read more...]
TfW’s five-year plan to boost public transport
Transport for Wales has published a five-year Corporate Strategy outlining how they’ll improve public transport and encourage more people to travel sustainably. The not-for-profit organisation, which is wholly owned by Welsh Government is delivering a transformational programme that will enhance rail, bus and active travel routes. Last year, the Welsh … [Read more...]
Production levels lifting at last
Though well-documented supply challenges continue to affect car production, pressure appears to be easing as manufacturers push to return to pre-pandemic levels, accoridng to Lisa Watson, director of sales at Close Brothers Motor Finance. Speaking after the latest UK car production figures were released for November, she went on, “Challenges such as the … [Read more...]
Newslines 2 January
J&J Motors of South Wales has collected prestigious British awards from Suzuki GB. Sussex based dealer Eastbourne Suzuki was crowned overall National Dealer of the Year while J&J Bridgend (above) provided the Best Customer Experience throughout the year and J&J Motors also received a 25 Years long service award for its Swansea based dealer and … [Read more...]
Winter will drive up fuel costs
Poor fuel efficiency caused by cold weather over winter will cost car drivers an extra £1.7bn, new research by Go.Compare Car Insurance has revealed. All vehicles will require more energy to run during the colder months, leaving Brits with yet another extra expenditure during a period of rapid inflation and economic uncertainty. Many factors lead to … [Read more...]
Choosing wisely to keep down car costs
With petrol prices hitting record highs, driving is becoming a luxury Brits can no longer afford. The choice of car may be the reason for your higher monthly expenses. Fortunately, CarMats.co.uk has utilised its nationwide sales data to find out the 30 most popular UK cars and their costs to run. In first place for cheapest running costs was the Audi A1, … [Read more...]
EV crash repairs & costs to be assessed
Risk intelligence specialist Thatcham Research will lead a funded project focused on Electric Vehicle collision repair and salvage processes and their impact on insurance claims and their associated costs. EVs are set to play a central role in achieving the Government’s 2050 net zero target. However, with the repair and insurance process for an … [Read more...]
Over £3M spent on 50mph Welsh speed cameras
Over £3m of taxpayer money has been spent by the Welsh Government installing speed cameras on five stretches of major Welsh roads. A written question from the Welsh Conservatives has shown £3.34m was spent on installing speed cameras on the M4 in Newport and Port Talbot as well the A470 in Pontypridd, A483 in Wrexham, and A494 in Deeside. Commenting, Welsh … [Read more...]
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