One in four motorists have struggled to afford the cost of driving in the past month, according to comparethemarket.com. The research, based on a national poll of 2,000 motorists, found one in three drivers (33%) is worried that they won't be able to cover the cost of driving in the coming weeks. Driving has become increasingly unaffordable, as 84% of … [Read more...]
Finance News
Rural Welsh less likely to make EV switch
Research by NFU Mutual, one of the UK’s leading mutual insurers, reveals that 45% of Brits would not consider buying an electric vehicle (EV) in the next 10 years, with battery range, lack of charging infrastructure and charging time among key worries. The insurer, which offers insurance tailored to electric vehicle (EV) owners, carried out a survey of … [Read more...]
We’re keeping cars longer and going further, says Co-op
Co-op Insurance has revealed that British motorists are quite literally in it for the long haul when it comes to their cars. Figures from the Driver and Vehicle Standards Agency reveal that over nine million vehicles – more than one in five of the 40.3 million on the road today – has over 100,000 miles on the clock. Data from the insurer also shows that … [Read more...]
SsangYong Cawdor widens footprint in Wales
Cawdor Cars of Llanybydder in Carmarthenshire has joined SsangYong Motors UK network, with immediate effect. Located at The Old Foundry in Llanybydder, the showroom displays the flagship Rexton, and newly facelifted Musso pick-up truck, along with the crossover Korando and the Tivoli compact SUV. Soon, the new pure electric Korando e-Motion will join the … [Read more...]
Tradelines 11 May
The first Aston Martin DBX707 has been built for a customer at the St Athan factory. Aston Martin took on 100 additional people for the new model’s assembly and the car is a progressive development of the first generation DBX SUV with enhanced performance and subtle styling and equipment changes but the DBXV8 and China-only straight-six cylinder versions … [Read more...]
EV and used car sales are soaring
The UK’s used car market increased 5.1% in the first quarter of 2022, according to the latest figures by the Society of Motor Manufacturers and Traders. Some 1,774,351 transactions took place, with 86,596 additional cars changing hands compared with the same period in 2021, when car showrooms nationwide were closed due to pandemic-related lockdowns with … [Read more...]
Car ownership is old fashioned, says sharing business
The relationship between the British public and their vehicles has changed a lot over the last few years. With the rise of working from home and hybrid work schedules, car ownership numbers all over the country and the entire UK are dropping considerably. In fact, the Society of Motor Manufacturers and Traders found that March 2022 saw new car sales … [Read more...]
E-scooters’ plans and legal steps
University of Warwick proposes new quality and safety regulations report for e-scooters, which are expected to be outlined in the Queen's Speech when opening Parliament today. The UK is the last major Western economy not to legislate ‘Powered Micro Vehicles’. The University of Warwick wants to change that and has proposed a new set of regulations for … [Read more...]
EVs registrations climbing through April
Latest UK electric car sales data shows one in ten new cars registered in April were fully electric. This data is from New AutoMotive’s Electric Car Count (ECC) – the most up-to-date and comprehensive electric car sales data in the UK. British brand Jaguar is the quickest by far to electrify, with 47% of cars sold in April being fully electric. Petrol … [Read more...]
Newslines 6 May
Automotive finance provider, JBR Capital, has launched into 2022 with a record-setting four-month period – the most successful since the company was founded in 2015. Based in London, JBR Capital has lent over £80 million from 1 January to 30 April 30, enabling an ever-growing number of clients to fund their passion for high-end vehicles. The new 536bhp … [Read more...]
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