The cost of car insurance has increased by 46% year on year, according to new Premium Drivers research from Compare the Market, and young drivers are seeing the biggest jump. The typical premium stands at £892 in February 2024, after rising by £279 over the previous 12 months. The substantial increase in the cost of car insurance may in part be due to a rise in the cost of claims for … [Read more...]
Finance News
Tradelines 27 March
Nissan will launch 14 new petrol engined models to meet demand where electrification is not in great demand, it said announcing its business plan for the the next three years. Nissan revealed a new broad-based product offensive in the next three years, including thirty new models of which 16 would be electrified, plus 14 new internal combustion engine models to “meet the diversified customer … [Read more...]
Welsh Ministers cover 280,000 miles in chauffered cars
Labour Ministers have racked up nearly 280,000 miles in ministerial cars over the past 2 years. The fleet of mostly non-electric cars covered 278,969 miles Janet Finch-Saunders MS, Shadow Climate Change Minister, was told in a written reply by the First Minister. Afterwards she said, “This revelation undermines Labour’s green credentials and their hypocrisy is plain to see. “It is beyond … [Read more...]
Newslines 25 March
Labour and Plaid Cymru politicians in the Senedd have voted to introduce toll charging on Welsh roads. The Infrastructure (Wales) Bill passed last week follows a decision to allow councils to introduce road congestion charging if they want at some point in the future but Welsh Conservatives secured amendments requiring the specific tolling and charging plans must be discussed by AMs before … [Read more...]
New Government challenged over fuel and roads
Fairer petrol and diesel pricing (68%) and fewer potholes (66%) are the two areas where motorists most want to see action from 2024’s new government, according to the latest research. Also, 45% would like to see moves made to reduce insurance premiums and 32% want to see traffic congestion tackled, shows March’s new monthly Used Car Tracker from Startline Motor Finance. Paul Burgess, CEO at … [Read more...]
Fleet professionals calling the shots
Details have been confirmed for this year’s annual conference from the Association of Fleet Professionals, with the main themes chosen by members. Taking place at The British Motor Museum, Gaydon, on Wednesday 15 May, it is expected to attract around 250 members and is sponsored by Enterprise Mobility. Subjects covered have been nominated by AFP fleet managers and include new manufacturer … [Read more...]
Polo overtakes Fiesta as Wales most popular used model
Research has revealed the most desirable second-hand cars, with the Ford Fiesta topping the ranking. However, searches for the Fiesta in Wales are actually down with Welsh drivers instead searching for the Volkswagen Polo - with searches for this model having increased by 38% over the last three months. The data, carried out by the experts at Uswitch Car Insurance, analysed factors such as … [Read more...]
Tradelines 20 March
INEOS Automotive has launched a five-seat double cab Chassis variant of the Grenadier Quartermaster pick-up, aimed at specialist vehicle converters and commercial body builders worldwide. Developed in tandem with the Quartermaster pick-up, the Chassis Cab is engineered to deliver a class-leading combination of off-road capability and load-carrying versatility, with the comfort, safety, refinement … [Read more...]
Shocking depreciation of EVs worries trade
The steep depreciation on some EV models has made dealers wary of buying them for stock, according to new research by HonkHonk.co.uk. HonkHonk is the trading platform that brings motorists together with dealers who want to buy their cars and is now warning EV drivers to expect little enthusiasm when they offer theirs for sale. More than one in three used car dealers report that they are 'much … [Read more...]
Pothole problems deepen as funds dry up
Road safety and breakdown recovery specialist GEM Motoring Assist is warning drivers to be on the look-out for increasingly dangerous potholes. The GEM message comes as council budgets for compensation fall by more than a half, with potholes across the country remaining unrepaired for months at a time. The latest Annual Local Authority Road Maintenance report suggests 18 per cent of local roads … [Read more...]