A leasing company has analysed a popular online car marketplace and compared the prices of the UK’s most popular used cars against the number of miles the car had done to uncover the average depreciation cost per mile our cars drive. The average price an petrol or diesel car depreciates is 67ppm or by £4,669.90 a year compared with an evs cost of 55ppm and … [Read more...]
JLR loses £9M through semi-conductor shortages
Jaguar Land Rover lost £9m in the last three months of 2021 amid the computer chip shortage. Global sales fall 37.6% compared to a year earlier with just 80,126 vehicles delivered in the quarter to the end of December but despite that fall in production the company saw revenue of £4.7bn, up 22% on the previous quarter. UK car production … [Read more...]
Newlines 1 February
Tesla has delayed production plans for their cyber truck until 2023. It has also postponed launching a compact European sized electric Model2 below its current Model3 and ModelS as it builds on capacity for the current cars enjoying unprecedented demand which will see the company make over a million models this year. Toyota Motor Co sales rose by 10.1% … [Read more...]
Driven by anger over tailgaters & signal failure
Over half of drivers in the UK have admitted to regularly getting angry behind the wheel (51%), with a further 1 in 4 drivers (25%) even swearing at others when making a journey. Experts at car finance company Zuto have conducted research to find out what annoys UK drivers the most, as well as identifying which cities suffer with the worst road rage. With … [Read more...]
Welsh economy committee backs logistics case
Following evidence provided by Logistics UK and other key industry representatives, the Economy, Trade and Rural Affairs Committee of the Welsh Senedd has published its recommendations to the Welsh Government to overcome the nation’s HGV driver shortage. Lobbyist Chris Yarsley, Logistics UK’s Policy Manager for Wales, said, “The Committee’s proactive and … [Read more...]
Half of drivers don’t know new rules of the road
A poll conducted by NFU Mutual has found that 57% of Brits are not aware of Highway Code changes coming into force tomorrow with particular importance in rural areas. The poll, conducted on Twitter by leading rural insurer NFU Mutual, calls into question whether the majority of road users will be familiar with the Highway Code when it changes on 29th … [Read more...]
EV charging costs are postcode lottery
Figures from British Gas show there are currently 21 local authorities in England and Wales that allow drivers to charge their batteries free of charge but in some areas motorists are forced to pay as much as £4 per kilowatt hour. Analysis found that at that price it would cost around £240 to charge a typical EV from full to flat while it would cost around … [Read more...]
Smartwatches are new hands on danger for drivers
Nearly half of UK drivers who wear smartwatches admit to regularly using them while driving their vehicles. The research by Choose My Car, showed that shockingly, 43 per cent of drivers openly admit to using their smartwatches behind the wheel. Men were more likely to check them than women, with a whopping 49 per cent admitting to using the devices while … [Read more...]
Car sales shifting towards cross-overs
Despite ongoing availability issues at dealerships, European consumers last year continued to shift from traditional vehicles such as hatchbacks, sedans and MPVs, to SUVs. These vehicles have continued to perform well thanks to the arrival of new electrified models. Last year, registrations of SUVs totaled 5.34 million units, up by 11% when compared to … [Read more...]
Bentley will go all electric beginning in three years time
Bentley is going electric. A new family of luxury bespoke cars will be assembled in its Crewe factory from 2025 as part of a £2.5 Billion investment in sustainability over the next decade. The first BEV is scheduled to roll off the production line in 2025 and will mark a significant moment in Bentley’s long and illustrious history. It is also a critical … [Read more...]
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