Go.Compare insurance has found that one in five parents with children who have a car could be risking a significant fine and a criminal record for ‘fronting’ their child’s insurance policy. ‘Fronting’ is when an older or more experienced driver - usually a parent - claims that they’re the main user of the car but it’s mostly driven by a young person, or … [Read more...]
September registrations’ uplift for the fallen
Britain's new car market rose 1.2% in August, said the Society of Motor Manufacturers and Traders. The growth, albeit marginal, is the first seen since February with some 68,858 new vehicles joining the road during what is typically the second quietest month of the year as many buyers choose to wait for a ‘new’ numberplate in September. In Wales, new … [Read more...]
Newslines 5 September
A Ford Escort RS Turbo driven by Diana, Princess of Wales, and seen in many photographs has sold for £650,000 at auction. The black Escort driven by the late royal from August 1985 to May 1988, went to a UK buyer at the Silverstone Auctions last week and including the auctioneers premium cost £730,000 in total. Five months ago on 1 April Honda broke … [Read more...]
Drivers still short-changed on fuel, says RAC
Despite a further 12p (12.31p) coming off the price of the average price of petrol last month – the largest monthly drop on record – pump prices remain a long way off what the RAC believes are fair given current wholesale fuel costs, new RAC Fuel Watch analysis shows. The average price of a litre of unleaded is now under 170p (169.8p) for the first time … [Read more...]
Manual cars are dying out among learners
Practical driving tests will soon be conducted almost exclusively in automatic electric cars, according to one electromobility expert. Emma Loveday (below), EV Consultant at Volkswagen Financial Services UK, explained that young people learning to drive in automatic vehicles will ‘soon be the norm’ as consumers become more environmentally conscious and cost … [Read more...]
Range Rover is top of flops
Land Rover Range Rover is the most unreliable used car, according to Warrantywise’s annual Reliability Index. Warrantywise, the country’s leading extended car warranty provider, reveals that Land Rovers, BMWs, and Porsches take up seven out of ten of the least reliable models from the Reliability Index data range. The data, only including cars that are … [Read more...]
Dealers and makers’ reputations bashed by delays
Car manufacturers and dealers are suffering reputational damage as a result of unavoidable supply chain disruption, according to research from Close Brothers Motor Finance. While two-thirds (66%) of consumers considering a new car say they understand the difficulties involved, nearly half (48%) say the delays negatively impact their perception of motor … [Read more...]
Auctions still doing well in recession
Despite the challenges currently facing the automobile industry, the auction market is in a positive state. Supply and demand have been stable for the last month, with summer soon to draw to an end. "We are expecting that September will see a steady surge as customers return from holidays, boosting the market”, commented Paul Hill, National Association of … [Read more...]
Tradelines 31 August
Nearly half of motorists planning to buy a car in the next year would be prepared to pay more to skip waiting lists caused by supply chain problems, according to research from Close Brothers Motor Finance. It follows a fifth consecutive month of decline in registrations in August, which the Society of Motor Manufacturers and Traders attributes to ongoing … [Read more...]
Britain unprepared for ev switch in eight years
Rising electric costs are blowing the fuse on plans for expanding ev sales in Britain. A comprehensive survey by Rivervale Leasing found that the escalating cost of energy is the most common concern, as 21% say that they think the potential of higher home charging tariffs could stop the UK from switching to electric. Vince Pemberton, Chief executive … [Read more...]
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