With sales soaring, Kia has launched big incentives to switch to its expanding range of electric models. Offers begin this week and end Monday,30 September, with 2.9 per cent APR on finance options for EV6 (above), Niro EV and Soul EV; 4.9 per cent APR available on the fully electric Kia EV9; upgrade to EV with a £500 saving for existing finance customers … [Read more...]
Finance News
New car registrations pushed over a million
The UK new car market has hit the million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1% to reach 179,263 units, according to the Society of Motor Manufacturers and Traders. As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0% on the previous year but still down -20.7% on … [Read more...]
British breakthrough in EV battery design
Nyobolt is taking its high-power density, fast-charging battery technology from the lab into the real world by revealing the first running Nyobolt EV prototype. Designed and engineered with CALLUM, the Nyobolt EV will be used to both validate the company’s battery performance in a high-performance environment, as well as allow car makers to witness an … [Read more...]
Financiers must support EV sales
Almost all dealers (97%) surveyed in June’s Startline Used Car Tracker say that more support is needed from motor finance providers for electric vehicle (EV) funding. In the research, 52% say their lenders are less keen to finance EVs, 45% charge higher finance rates and 21% want higher deposits. Also, 14% say their lenders won’t finance EVs at … [Read more...]
Go.Compare reports falling premiums
Go.Compare car insurance says car insurance costs are beginning to fall, with the average insurance premium now at £447. The comparison website’s latest price index has revealed that even though the average cost of car insurance fell by £18 in the last quarter - from £465 to £447 - prices are still up on 2023 figures, with the average policy costing £343 … [Read more...]
Expert insights on parties’ plans for drivers
With the UK General Election 2024 around the corner, each of the political parties battle for your vote. Manifestos can be as long as 136 pages, and weekly live television debates add to the complexity, making it challenging to keep track of each party’s initiatives and promises. In fact, many people are even debating over who they vote for with search … [Read more...]
Forecourts still keeping up fuel prices
Fuel prices fell for the second consecutive month but not by as much as they should have with a litre of petrol reducing by 3p and diesel by nearly 4p, shows analysis by RAC Fuel Watch. At the end of June the average price of petrol across the UK was just under 145p a litre – down from 148p at the start of the month. Diesel dropped to under 150p (150.13p) … [Read more...]
Newcomers 1 July
Hyundai Motor Company unveiled the all-electric INSTER, a new A-segment sub-compact EV offering unique design, segment-leading driving range and versatility, and advanced technology at the 2024 Busan International Mobility Show. INSTER’s bold design combines a futuristic, innovative image with a spacious interior in a small SUV body. With a sophisticated … [Read more...]
Newlines 1 July
Cardiff risks losing major concert and sporting events because the road and rail network cannot cope with heavy demand, say Welsh Conservatives. There were 19 miles of traffic jams on the M4 before the Foo Fighters concert and rail services were jammed by broken down equipment on main lines while city streets were filled with motorists looking for places … [Read more...]
Kim Kardashian’s $306,000 Range Rover L460
Kim Kardashian commissions Platinum Motorsport and Urban Automotive to create her custom $306,000 Range Rover L460, modified to her exacting specification. Kim’s exclusive carbon styling kit was designed and manufactured in the UK, and assembled in California – with over 300 hours invested in the complete build process. The star is renowned as having a … [Read more...]
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