The average price of a used diesel car fell by 10.3% between Q1 2017 and Q4 2018. Diesel car values dropped 5% through 2017, on the back of consistent negative news about the fuel, and new data shows that slump continued through 2018 at a near-identical rate. The analysis from car buying comparison website Motorway.co.uk also shows equivalent used … [Read more...]
Diesel shortages beginning to show, prices rising
New diesel car sales are falling so quickly that there could be shortages of them on the used market in the near future, says the Vehicle Remarketing Association. The organisation – which represent companies that handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year – says that while new car diesel demand has plummeted, … [Read more...]
Newslines 8 January
Volvo UK sold a record 50,000 cars last year and 9% above 2017 in a market down by 7%. It is part of the 640,000 sold by the Swedish brand in its best ever global year. Asda has further cut pump prices. But the RAC says supermarkets are no longer competing like they did for fuel sales and motorists are losing out on wholesale price cuts not being … [Read more...]
Fuel retailers keeping up pump prices, says RAC
Pump prices fell for the second consecutive month in December, but not by the level they should have done considering the sharp drop in the price of oil, data from RAC Fuel Watch shows. The average price of unleaded went down 2.75p from 123.67p to 120.92p and diesel reduced by 3.08p from 133.09p to 130.01p. Oil, however, crashed 14.5% from $60.31 at the … [Read more...]
Falling fuel prices are not enough, say RAC
November saw largest petrol price drop in four years – but retailers still didn’t cut far enough, says the RAC. In Wales the monthly drop was just over 5pp litre down to 124.73ppl, tenth out of 12 parts of the UK which recorded decreases. The price of petrol fell by more than 5p per litre in November, the biggest monthly drop since January 2015 and … [Read more...]
Newslines 16 November
Cardiff Council is expected to get tough on illegally parked or untaxed vehicles abandoned on the streets, and it could be removing 20 a week. It already has powers to clamp and remove illegally parked vehicles but does not always use them and the additional powers would see them taking over duties from the DVLA with abandoned cars early in 2019. Wales … [Read more...]
Newslines 9 November
Citroën has announced UK pricing and specification details for New C5 Aircross SUV. Prices start at £23,225 and the UK ‘on sale’ date for New C5 Aircross SUV is Monday 4 February, with order books opening across the Citroën dealer network on Monday 3 December. The fall in fuel prices has been welcomed by the RAC, which has been pressing for the cut to … [Read more...]
Prepayment fuel pumps warnings
Police have suggested a move towards pre-payment fuel pumps would overcome the 25,000 drive-offs a year reported by filling stations. Following up this theft costs time and money and now police are advocating more pay-at-pump technology. But they also acknowledge it could mean lower add-on sales in forecourt shops if drivers don’t go inside to pay and … [Read more...]
Diesel sales collapsing across Europe
Disaffection towards diesel engine cars is spreading all over Europe, said the International Energy Agency. The market share of diesel cars in the European Union fell to 36.5 percent in the first half of 2018 from 42.5 percent in the first half of 2017, reported the IEA. Sales declined by 16 percent to 3.12 million units, with Britain sinking to 30 … [Read more...]
Brits burn £20 Billion in wasted fuel due to flawed tests
British motorists have burned through an extra £20 Billion in fuel over two decades due to exhaust emission cheating by car makers, claim an environmental group. The real cost of carmakers manipulating fuel efficiency tests is now revealed. The additional fuel burned because of widespread industry manipulation has cost drivers an extra €149.6 billion for … [Read more...]
