In a letter to European Commission President Ursula von der Leyen, automotive industry leaders have joined forces to call for immediate action to prevent unnecessary tariffs being imposed on vital electric vehicle trade between the EU and the UK. With around two months to go until the current rules of origin (ROO) in the EU-UK trade and cooperation … [Read more...]
Finance News
Transport for Wales investment attacked
The Welsh Government has been criticised for underwriting Transport for Wales to the tune of £125Million without any conditions. Commenting on the response to a Written Question from Labour’s Transport Minister, Welsh Conservatives Shadow Transport Minister, Natasha Asghar MS said, “The level of funding given to TfW without any monitoring is growing ever … [Read more...]
EVs price fall expected as fleets change
Second hand electric cars and vans are expected to dramatically fall in price as businesses contracts roll-over. According to independent transport research group New Automotive, companies now run around 475,000 electric cars, and 200,000 plug-in hybrids, most of which will be held for 2-4 years before being resold into the second-hand market for 50% of the … [Read more...]
Newslines 31 October
A Newport City Council report states the switch to 20mph speed limits in Wales could end up increasing air pollution levels in some parts of Newport, says Welsh Conservatives Shadow Transport Minister, Natasha Asghar MS. “As time goes on it is becoming clearer that Labour’s arguments for 20mph speed limits are falling apart around them. With Labour’s … [Read more...]
EV charging network to get a welcome boost
The Government’s recently announced new electric vehicle (EV) Public Charge Point Regulations 2023 will improve EV drivers’ charging experience as the industry enters the crucial mass adoption phase. These include improved payment methods and a 99% reliable public rapid charging network. This is very good news for EV drivers. Here’s everything you need to … [Read more...]
More lines electrified by TfW
Transport for Wales has now electrified the railway lines from Aberdare to Pontypridd and Merthyr Tydfil to Abercynon. Over 60,000 metres of Overhead Line Equipment has been energised across the whole South Wales Metro rail network. New Citylink Class 398 tram-trains are testing on Metro routes and the £100 million Metro Depot at Taff’s Well is near … [Read more...]
Lexus and Genesis plan updates
The Lexus LS flagship limousine will benefit from technology, safety and comfort enhancements for the 2024 model year and the range structure is also being revised. Across all versions, the LS adopts the latest third generation Lexus Safety System+. This includes a new Driver Monitor and Lane Change Assist function, while Intelligent Park Assist is provided … [Read more...]
RAC calls for fuel price cut at pumps
The RAC is today urging the UK’s biggest fuel retailers to cut the price of petrol by at least 5p a litre to 150p to reflect their far lower wholesale costs. As it stands the Government’s 5p duty cut brought in shortly after Russia’s invasion of Ukraine last year is not benefitting drivers struggling to cope with the cost-of-living crisis and, instead … [Read more...]
Newslines 27 October
The RAV4 Plug-in, Toyota’s flagship hybrid model, has been named as the most satisfying new car to own in a survey of more than 50,000 motorists by consumer champion, Which?. The survey, conducted annually, lists the nation’s favourite and least favourite cars, based on customer satisfaction scores and the likelihood of an owner recommending their car model … [Read more...]
Welsh drivers paying extra 43% in premiums
Motorists over 50 are facing substantial increases in the cost of car insurance, according to new Premium Drivers research from Compare the Market. The typical premium for a driver aged between 45 and 54 is £551 in September 2023 – a £195 (55%) increase for the same month in 2022. The typical premiums for drivers aged between 55-79 have also risen by 54% … [Read more...]
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