Welsh motorists are getting some of the cheapest petrol and diesel in the UK, according to data from RAC Fuel Watch. Fuel prices fell for the fifth straight month in March with another penny coming off petrol and 4p off diesel. By the end of the month nationally a litre of unleaded was 146.5p (down from 147.56p) – a price last seen at the end of January 2022, while diesel reduced to 162.94p … [Read more...]
Finance News
New car sales slowly rising
The first quarter of 2023 has been positive for UK new vehicle sales, said Sue Robinson, Chief Executive of the National Franchised Dealers Association. “It is extremely encouraging to see sales figures starting to emulate pre-pandemic trends, particularly for the plate change month of march and consecutive months of optimism and growth,” she said, commenting on the latest SMMT’s new passenger … [Read more...]
Tradelines 5 April
Zero-emission, long-range hydrogen-powered commercial vehicle innovator, Hydrogen Vehicle Systems, has confirmed its state-of-the-art zero-emission hydrogen-electric Heavy Goods Vehicle will have a range of up to 370 miles depending on load and route coupled with an industry-leading refuelling time of just 15 – 20 minutes. The eagerly anticipated HGV will be revealed at the Commercial Vehicle … [Read more...]
Outlaw private parking tickets, say drivers
Four in ten (41%) of drivers believe private companies should not be allowed to issue parking tickets, with more than half (54%) of over 65s saying this. The Opinium survey of 2000 UK drivers, commissioned by InsuretheGap.com, a leading provider of Guaranteed Asset Protection insurance, also finds that paying for parking is a major frustration. Two-fifths (40%) feel it’s unfair that paying by … [Read more...]
Newslines 3 April
The Gordon Murray Automotive T.33 Spider will make its global online debut tomorrow afternoon. The T.33 Spider global reveal can be viewed, along with full technical details, images and supporting films, on Tuesday 04 April from 17:00 by Gordonmurrayautomotive.com. Toyota’s trend-setting Yaris reaches global sales milestone in its 25th year of production. It joins Corolla, Camry, RAV4, Hilux … [Read more...]
Government likely to miss its zero carbon goal
The Government threatens to miss its own zero carbon targets for transport, say car makers. It set out obejectives it wants to attain in a new consultation document last week but critics say it is late, lacks choice, does not address costs and is confusing for vehicle makers. Mike Hawes, SMMT Chief Executive said, “Automotive is on track to deliver zero emission motoring, so we welcome this … [Read more...]
Cutting insurance premiums – legally
With the cost of living continuing to rise and the average annual cost of car insurance reaching £586, many people will be looking for methods to reduce this expense. From enhancing security to seeking rewards, the car insurance experts at Confused.com share their tips on how to get cheaper car insurance: Don’t accept your renewal price - Many factors affect the price of car insurance. In … [Read more...]
Welsh trials power new drive
AFTER trials in North and Mid Wales a new “energy map” to quickly identify the best places to install public chargepoints for electric vehicles (EVs) has been developed as part of an innovative project led by SP Energy Networks. The project also investigated how increased charging demand can be effectively accommodated by the local electricity network. The Charge Project – funded by the … [Read more...]
Dealers putting brakes on buying EVs
Dealer margins are being squeezed as despite strong demand it is proving difficult to push retail prices up, according tp CAP HPI. This is due to consumers cost-of-living concerns and high used car prices from increases since the start of COVID, and especially in 2021 when values increased by c.30% on average. Plus there is strong competition from other physical and online retailers. When you … [Read more...]
Government is failing drive towards EVs
More than seven out of 10 car dealers (71%) say that not enough is being done to support the UK motor industry’s transition to electric vehicle manufacturing. March’s Startline Used Car Tracker shows that 50% believe that the blame lies with the government and 7% with motor manufacturers. Paul Burgess, CEO at Startline Motor Finance, said, “Electrification is the single biggest change to motor … [Read more...]