Adaptive pricing is needed to ensure grid stability as demand for Electric Vehicles increases, according to research by the University of Cologne. The pricing scheme, created by Professor Wolf Ketter and his co-authors Konstantina Valogianni, John Collins and Dmitry Zhdanov, is based on mathematic modelling and real-world data, which adapts to customer … [Read more...]
Roads, pollution and fuels focus fleet minds, says Arval Mobility report
Road infrastructure, Clean Air Zones and the adoption of alternative fuels top the list of challenges reported by fleet and mobility managers over the next five years. The finding comes from authoritative new research in the Arval Mobility Observatory, which gains insight from businesses via a wide ranging set of questions to uncover broader trends and … [Read more...]
Newslines 18 June
The arrival of the new BMW M5 Competition sees the high-performance saloon from BMW M GmbH returning to the stage in its sharpest and most performance-focused form to date. Fusing a high-revving, 625hp 4.4-litre V8 turbocharged engine with a finely-tuned chassis that incorporates new dampers, features such as M Mode and a central information display … [Read more...]
Fuel prices fall but rise coming, says RAC
The average price a litre of unleaded petrol fell below the 106p mark in May, the first time in more than four years that the price has dropped to this level, although drivers should be braced for the start of price rises, suggest latest RAC Fuel Watch data. As the lockdown in England was eased and more drivers headed onto the roads, the cost of refilling a … [Read more...]
Fuel costs falling again
The average cost of filling up a car with unleaded petrol has dropped to its lowest level since May 2016, as a result of the historic oil price falls caused by the coronavirus outbreak, shows data from RAC Fuel Watch. The average price of a litre of petrol fell by 4.15p in April, from 113.1p to 108.95p, meaning the cost of filling a 55-litre hatchback car … [Read more...]
Fuel prices rip off claim
Motorists are being ripped off by petrol companies,claims the AA has which says falling oil prices are not being reflected on forecourts. The motoring group calculates drivers are overcharged by more than £5 a tank. "Questions will be asked about the fairness of pump prices during the great oil crash of 2020," the AA said. The RAC has said the same. Bu … [Read more...]
Fuel prices collapse but there’s a warning as well
Amid exceptional circumstances, UK petrol prices fell by their largest margin in 12 years in March, triggered by a complete collapse in the world oil price, says the latest RAC Fuel Watch report. While the price of a barrel of crude oil began the month above $50, by the end of March it had plummeted by 66% to under $18, its lowest level in 18 years. This … [Read more...]
Tradelines 25 March
Petrol prices crashed to an 18-year low this week. Falling oil wholesale cost saving are now reaching forecourts and Morrison’s has slashed 12ppl petrol and 8ppl diesel with prices at about 104ppl and 111ppl respectively, says the RAC, which is urging drivers to only go out if vital and support small independent retailers if they can. National Express … [Read more...]
Newslines 13 March
The first BMW 2 Series Gran Coupe goes on sale this week from £25,815. Unveiled in November, it completes the 2 Series line and the company’s four-door coupe range and will be available with a choice of 140hp or 306hp petrol engines and a 190hp diesel. Almost half the Ford UK 400 dealers could be axed in a radical shakeup to boost profits by the car-maker, … [Read more...]
Fuel prices fall may be hit by Budget bash, warn RAC
Don’t hold your breath for fuel cuts, warn the RAC. The plunging price of oil over the weekend should bring down pump prices within days, but RAC fuel spokesman Simon Williams said, “This is looking like the biggest single daily drop in the oil price in 20 years. “It should translate to some serious cuts at the pumps, particularly as the price of both … [Read more...]
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