The chips shortage continues to pressure industry and presents a significant to existential challenge for automotive suppliers, highlighting the need for a dedicated semiconductor strategy and tangible action from policymakers. European automotive suppliers welcome the European Commission’s initiative for an EU Chips Act, due to be published 8 February, … [Read more...]
EVs big savings with off-peak charging over petrol & diesel
EV motorists will have an advantage over drivers with petrol or diesel cars following the energy price hike, say experts at Select Car Leasing. With the energy price cap rising, Brits are expected to see their energy bills skyrocket by 54%. This, combined with rising fuel costs which have hit all-time records for petrol and diesel, means many motorists … [Read more...]
Massive boost needed for ev points, says report
There will be 130 million electric vehicles on Europe's roads by 2035, said Ernst & Young and the electricity industry trade association Eurelectric. The current total of 5 million will accelerate to 65 million over the next eight years but then double in the following five years. “It took us 10 years to install 400,000 chargers,” says … [Read more...]
Ford Fiesta most stolen model
The Ford Fiesta was the most stolen car in 2021 in the UK, and the Mitsubishi Outlander was the most stolen plug-in, according to DVLA data analysed by car leasing comparison website LeaseLoco. Some 48,493 stolen cars were reported by the police to the DVLA in 2021. That’s a car stolen from its owner every 11 minutes somewhere in the UK. There were 1,617 … [Read more...]
Newslines 15 February
The supply of used diesel cars is dwindling in parts of the UK, with market share falling by as much as 40% in a year in some areas, analysis by AA Cars. Sales of new diesel and petrol cars will be banned from 2030, and some drivers have already begun shifting to greener vehicles while the introduction of Clean Air Zones and higher taxes on the most … [Read more...]
Fuel suppliers face penalty payment for climate clean up
Fuel companies might in future have to contribute a penalty for each litre they sell to motorists, says environmental group T&E. For a fair and just environmental transition, the EU should pass on part of the carbon price for cars and homes to fuel suppliers rather than European households. The EU can legally require fuel suppliers to absorb part of … [Read more...]
No justification for fuel pump rises, says RAC
The RAC is urging retailers to hold firm and not hike pump prices, despite a barrel of oil nearing $100 – a price last seen in September 2014, nearly seven and a half years ago. The cost of oil has increased by more than 60% in the last 12 months, from around $60 last February, due to global oil production continuing to be out of kilter with demand which is … [Read more...]
Used cars bounce back led by hybrids
The UK’s used car market grew by 11.5% to 7,530,956 transactions in 2021, according to the Society of Motor Manufacturers and Traders. It reported 777,997 more cars changed hands than in 2020, a year which was even more badly affected by Covid lockdowns and unsettled consumer and business confidence. Despite this growth, the 2021 performance was still -5.5% … [Read more...]
Lovers are turned off by electric cars
With Valentines Day in mind, National Tyres and Autocare surveyed 1,000 of their customers to find out their turn off’s when it comes to someone else's vehicle and the way they drive. Nearly half of respondents told us that if they discovered that their date drove an electric or hybrid car, it would not give off a good impression. In fact, 41.3% of drivers … [Read more...]
Newslines 11 February
Suzuki GB PLC has updated its Approved Used Car Programme which provides a more structured and clearer process in helping customers find their car of choice. Suzuki was voted the best Automotive brand in the Summer 2021 UK Customer Satisfaction Index which emphasises the strong relationships that the 150 strong dealer network has with its customers – both … [Read more...]
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