The escalating conflict in the Middle East has put $100-per-barrel crude oil prices into sharp focus. Analysts from major institutions such as Barclays, Goldman Sachs, and JPMorgan are projecting potential spikes to $100-130 per barrel if the Hormuz Strait faces prolonged disruptions, as it handles about 20-21% of global oil supply and significant LNG … [Read more...]
New Chinese brands now spreading through used market
Almost half of used dealers (45%) say they have added cars from Chinese new entrants to their stock, according to new findings. February’s Startline Used Car Tracker shows 45% say they sell quickly, 33% they represent good value and 20% buyers like the cars on offer. However, 37% of motor retailers are waiting to see how reliable they prove to be, 20% … [Read more...]
Pass or fail could be down to timing
Experts at LeaseCar have crunched the latest DVSA figures to highlight the best and worst days to take driving tests across Great Britain. With waiting lists still stuck at a painful 22-week average according to the National Audit Office, picking the right time of day could be the difference between tearing up your L-plates and going through another six … [Read more...]
Race Retro shines in natural setting
BRSomehow Race Retro’s pleasant rural Warwickshire setting captures the true nature of all historic and club motor sport facets that the popular annual Stoneleigh gathering personifies. Porsche won its first of 19 Le Mans 24-hour victories in 1970 with a 917 driven by Hans Herrmann and British BRM F1 driver Richard Attwood, who anonymously sat next to me in … [Read more...]
Aston Martin car plant workers facing cuts
Scores of jobs are on the line in Aston Martin's St Athan plant. The luxury sports car brand today announced a 20% cut in its 3,000 strong workforce in Britain, mostly at its Gaydon HQ and St Athan plants. Aston Martin has confirmed the firm's net losses jumped 52% last year to £493.2m. It has this month announced plans to raise some capital by … [Read more...]
Arval safety video for all new EV drivers
A video designed to help first time electric company car drivers adapt to their new vehicle safely has been created by Arval UK. It highlights five key areas: adjusting to the quicker acceleration of electric cars; understanding how to use regenerative braking; considering the need for longer stopping distances; exercising additional caution due to the … [Read more...]
Octopus Fleet spreads its power tentacles
The UK’s shift to cheap, clean transport got a major boost with the launch of ‘Octopus Fleet’ – the one-stop shop for all businesses looking to electrify their fleet operations with ease. Whether businesses are just getting started with EVs or already going full throttle, Octopus Fleet offers the ultimate mix-and-match of smart solutions – from fleet … [Read more...]
Newslines 24 February
Toyota’s successful three-year fixed price insurance offer is being extended to 31 March, giving customers the opportunity to obtain insurance cover with the same price guaranteed for three years. For example, the award-winning Aygo X Hybrid can be insured for just £450 a year with the offer, while the annual price for the Yaris hatchback and Yaris Cross … [Read more...]
Smart Charging to cut EV running costs
Despite growing adoption of electric vehicles, widespread misconceptions about cost and charging still shape public opinion. Recent research from the AA shows that 80% of drivers believe electric cars are too expensive to purchase, while only 21% think EVs are cheaper to run than petrol or diesel vehicles. One in five motorists also believes charging away … [Read more...]
Repeat drink‑driving figures shock
More than 2,500 motorists were caught drink-driving three or more times in the last 11 years. RAC analysis uncovered the scale of repeat drink‑driving as more than 150,000 drivers hold alcohol‑related convictions. A Freedom of Information request submitted by the RAC found 2,553 accrued three or more DR10 or DR20 endorsements for drink-driving since 2014. … [Read more...]
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