October’s new car market grew by 14.3% to reach 153,529 registrations, 7.2% above pre-pandemic levels and marking the best performance for the month since 2018, according to the Society of Motor Manufacturers and Traders. The 15th month of consecutive growth was driven almost entirely by large fleet registrations, which grew 28.8% to reach 87,479 … [Read more...]
Financial squeeze is cutting used car choice
The financial squeeze is starting to hurt car buyers. AA Finance said motorists are borrowing 5% less for used car purchases this year as the cost-of-living crisis bites. This time last year, the average loan would be enough to buy seven of the 10 most popular used cars but only four would be affordable after price rises were taken into account this … [Read more...]
Global warming needs new fuel approach to crisis
The world cannot wait for alternative fuel sources and needs to take action now to cut the impact of fossil fuels, said a leading international fuel tech company. New analysis has revealed that human fossil fuel emissions are threatening the key 1.5C climate threshold twice as quickly as previously thought. Researchers say the limit could be continually … [Read more...]
Newslines 3 November
Mid and West Wales has the lowest ratio of car thefts to population in Britain, said Go.Compare. Its analysis of crime data reveals Dyfed-Powys police marked up just 0.49 thefts per 1,000 registered cars compared to the highest of 12.67 per thousand in Cleveland, with the Ford Fiesta the most stolen model. Around 60,000 vehicle owners a day are paying the … [Read more...]
Wales’ drivers get more out of evs in winter
South and West Wales drivers will suffer less than the north of Britain as winter sweeps in and cuts the mileage from their electric cars and vans. Technical components distributor Distrelec estimates that the ideal climate for an EV is 21°C to get the most miles out of a single charge. Comparatively, EVs tend to achieve more mileage in climates that are … [Read more...]
Wales write-offs are lowest in UK
Have an accident in Wales and your car is less likely to be written off than any other part of Britain, according to the latest analysis. One in three (37%) UK drivers have had a car written off by an insurance company, with this rising to two fifths of men (41%), compared to a third of women (33%). In the Opinium survey of 2,000 UK drivers, for … [Read more...]
2024 Kwik Fit BTCC boosted
The Kwik Fit British Touring Car Championship says all cars will receive double the power via its hybrid-turbo boost system from next season onwards. The BTCC became the first touring car series in the world to introduce hybrid power when it was officially launched for the 2022 season, which was followed by further tweaking to the way in which the hybrid … [Read more...]
Cover insurance claims with facts
Walking the car insurance tightrope can be difficult since not all policies extend coverage to natural disasters or unforeseen events, like the recent floods caused by Storm Babet or the Luton Airport fire that damaged 1,500 cars. Storm Ciarán is forecast to bring 80mph winds and heavy rain to southern parts of the UK on Wednesday night until Thursday which … [Read more...]
Car makers call for push-back from cliff
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...]
Fleets warned of possible Chinese burn
Fleets need to check new entrant Chinese manufacturers for credibility before committing to buying their vehicles, FleetCheck is warning. Peter Golding, managing director at the fleet management software company, said that electric vehicle manufacturers from China were undergoing a period of rapid consolidation, and that some were likely to export simply as … [Read more...]
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