Almost half of electric vehicle (EV) drivers could be missing out on cheaper off-peak electricity costs at home while inflation reaches a new 30 year-high, a survey by Smart Home Charge, the UK’s leading home charging retailer and installer has revealed. The results show that 88 per cent of those polled own an EV, with 46 per cent of all respondents … [Read more...]
Finance News
EVs beyond reach for 1-in-5 motorists
Almost 20% of the UK cannot afford even the cheapest electric vehicle through finance. The study by car insurance experts CarInsurance.ae used ONS survey data to compare the average monthly income in each area with the estimated cost per month of financing a new electric car. The study based the figures on the 20/4/10 rule for financing a car, which … [Read more...]
Government boost for evs, but critics say it’s inadequate
There will be a massive rise in electric vehicle charging points, the Government has announced, but critics say its still insufficient, Concerns have been expressed for rural communities and where motorists do not have direct access to chargers outside their homes The number of electric vehicle charging points will reach 300,000 by 2030 under government … [Read more...]
UK Garage and Bodyshop Event is back
The UK Garage and Bodyshop Event presented by Automechanika Birmingham provides the first opportunity for the industry to meet face to face on this scale since 2019 and get hands-on, learn, network and prepare for the fast-evolving landscape of the automotive industry. With just under three months to go until the inaugural event, exhibitors are giving a … [Read more...]
Five ways to save fuel and electricity costs
A five point plan to control spending on petrol and diesel has been issued by FleetCheck as prices reach record levels in the wake of the Ukraine invasion. Peter Golding, managing director at the fleet software company, said that fleets should adopt some form of strategy because it appeared the conflict was unlikely to resolve quickly. “The terrible … [Read more...]
Wales’ secondary roads are crumbling away
The local roads repair backlog tops £600 million in Wales, reports this year's ALARM survey. The backlog of carriageway repairs to local roads in Wales is now £640 million, compounded by increased costs caused by rising inaction, reports this year’s Annual Local Authority Road Maintenance survey. The ALARM survey, published today by the Asphalt Industry … [Read more...]
Is your job working against you?
GoCompare has pulled together a list of occupations that have the cheapest and most expensive average premiums. Using the average best price available for each job occupation, the comparison service has revealed who is paying the most - and the least for their insurance. The ten professions paying the most for car insurance … [Read more...]
Insurance risk of personal plates
As the offering of 2022 number plates become available including new options for personalised number plates, GoCompare car insurance is urging drivers to check their insurance before making a personalised plate purchase. The cost of a personalised registration plate from the DVLA starts at £250, but this figure can significantly rise … [Read more...]
Welsh Tories call for fuel duty cut
The Welsh Conservatives are today calling on the Chancellor to cut fuel duty in this week’s Spring Statement to help families with the cost of living amid increasing diesel and petrol prices. Wales’ Shadow Finance Minister has said cutting prices at the pump will help people keep more of their money, allowing them to save more for other essential … [Read more...]
Newslines 18 March
Automobili Lamborghini concluded the financial year 2021 with the best results ever in terms of sales, turnover and profitability, confirming a solid and winning strategy. The Italian supercar maker saw sales rise 13%, turnover went up 19% and profits improved 20.2%, said Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini. The average annual … [Read more...]
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