Commuters will be priced off Cardiff streets under radical plans being considered this month. The City Council wants to force drivers who travel into the capital to use park and ride schemes from the outskirts or public transport. This will reduce congestion and pollution while raising revenue for the council and will help residents with cars to park … [Read more...]
Finance
Mounting concern over insurance cover
It can be easier than expected to invalidate your car insurance. Searches for ‘what can invalidate your insurance’ have risen 133% in the last 12 months totalling 2,140 searches by Brits. Brits were also found to be interested in modifications which without declaration can invalidate insurance. ‘Personalised number plates’ received an average of 3,840,240 … [Read more...]
Insurance costs major worry to motorists & EV cover soars
Almost three out of four motorists (73%) are worried about car insurance costs rising in 2024, reveals latest research. The January Startline Used Car Tracker also shows that 67% are concerned about rising petrol and diesel prices and 34% about the cost of servicing. Additionally, there is apprehension about not just the cost of running an … [Read more...]
EVs being priced out of reach for many, says analysis
The cost-of-living crisis is causing a drop in demand for electric vehicles as these cars are typically more expensive than petrol equivalents, according to Compare the Market comparison site. Sales of new electric cars have declined by 17.1% year-on-year in November according to figures from the Society of Motor Manufacturers and … [Read more...]
Car makers want more EV incentives for private buyers
The UK new car market has recorded its best year since the pandemic as a strong December up 9.8%, wrapped up the 17th month of consecutive growth. Some 1.903 million new cars reached the road during 2023 – an increase of 17.9%, according to the latest figures from the Society of Motor Manufacturers and Traders. In Wales last year, registrations reached … [Read more...]
Fuel prices fall could be greater, says RAC
The average price of petrol across the UK reduced by 6p a litre in December to under 147p (146.69p), making for two consecutive monthly falls, shows data from RAC Fuel Watch. The drop means a full 55-litre tank now costs £77.32, down £3.40 in the month. Diesel also came down by 5p to 149.18p, saving almost £3 (£2.86) on a fill-up (£82.05). Unleaded is now … [Read more...]
Sell evs or pay penalties, makers and dealers told
Expect a big drive by dealers and manufacturers to sell electric models from today or face £15,000 fines for each model above statutory limits laid down by the Government. The rules mandating the minimum number of new pure electric cars and vans that have to be sold in the UK have come into force. From today, (Jan 3) at least 22% of new cars sold by … [Read more...]
Tradelines 3 January
The RAC is giving drivers the chance to protect themselves against unexpected repair bills by launching a new online-only warranty product. The 12-month warranty has a £2,000 total claim limit which covers the cost of labour and parts needed to fix mechanical or electrical failures at a cost of £300 and it works through approved RAC workshops and the … [Read more...]
Newslines 2 January
China's biggest electric car maker in the world, BYD, announced the next stage of its European strategy with the construction of a massive manufacturing and production centre in Szeged, Hungary. The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe and will have a highly advanced car production line as … [Read more...]
£11.2 billion tied up in unused cars
UK drivers could be sitting on a staggering £11.2 billion tied up in unused cars, a new study estimates. That’s the equivalent of a festive turkey feast for almost 439 million households or 17 million fully funded Christmases. There are now over three million cars with a SORN (Statutory Off Road Notification) declaration in the UK with a potential average … [Read more...]
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