Virtually static petrol prices in October should give way to pump price cuts of up to 5p per litre within the next two weeks, according to RAC Fuel Watch, with Asda already leading the charge with a fuel price cut this morning. Although the price of a litre of petrol was practically unchanged for a second month running at a little over 114p on average last … [Read more...]
Retail
Newslines 3 November
Demand for used cars is 15% higher than it was at this time last year, coinciding with a decline in sales of new cars, says AA Cars. Drivers’ interest in used cars spiked to 9.1%above pre-pandemic levels when forecourts re-opened in June, but the new analysis shows that demand has continued to pick up since then with searches on the AA Cars platform in … [Read more...]
BREAKING NEWS: Welsh showrooms can reopen next week
Car dealerships in Wales can resume normal trading with local customers from Monday morning. The Welsh Government earlier announcing the post-lockdown actions said non-essential businesses which closed at the beginning of last week can reopen with social distancing safeguards in place. Dealerships in England must close on thursday for a month under … [Read more...]
Premiums remain at four-years low
The average price that motorists are paying for their motor insurance continues to remain at a four year low according to the ABI’s latest Motor Insurance Premium Tracker. The ABI’s Tracker is the only survey that looks at the price consumers pay for their cover, rather than the price they are quoted. The average price paid for comprehensive motor … [Read more...]
Insurance warning over lapsed MoTs
The coronavirus lockdown earlier this year resulted in millions of cars receiving a six-month extension to their MOT certificate but that leeway has ended. With the current MOT failure rate at 32%, millions of vehicles that don’t meet levels of roadworthiness could be on the streets. GoCompare Car Insurance is warning that this year, more than ever, it’s … [Read more...]
Sunday drive: BMW 5 Series Touring 520d M Sport
The longest serving model range in the BMW line-up is the 5 Series launched seven generations ago in 1972, writes David Miles. Since the last new models were launched in 2017 over 66,000 of them have been sold in the UK and 600,000 of them globally, now it the latest updated models which have just gone on sale and there are more versions to … [Read more...]
Weekend roadtest: Mazda MX-5 R-Sport SE
The world’s best selling two-seater sports car has just become much rarer. The Mazda MX-5 R Sport Convertible is limited to 150 examples in the UK, where it has consistently led the sector since introduced in the '90s with revisions and upgrades keeping it at the forefront of demand without diluting its simple and so satisfying basic design. This stand-out … [Read more...]
MOT failures expected to surge
The number of MOTs set to be carried out in October and November will be 60 percent higher than normal volumes, according to the latest DVSA forecast. Motorists were no longer able to extend their MOT for six months from 1 August. It’s therefore important that the appropriate repair and maintenance is carried out before booking to avoid common MOT … [Read more...]
Aston Martin to get future Mercedes powertrains
Aston Martin's future electrified vehicles will have Mercedes-Benz powertrains when they go into production in St Athan in a few years. The technical deal is part of a massive investment by Daimler taking a 20% stake in the British luxury car-maker over the next three years. The two have been working together since 2013 when MB supplied petrol engines to … [Read more...]
Call for clarity on new BIK tax until 2030
New company car benefit-in-kind tax tables should be provided up to 2030 if the Government adopts this date as its new electrification target, says the Association of Fleet Professionals. The industry body said it had been widely reported that an announcement would be made during November to halt sales of internal combustion engined vehicles by the end of … [Read more...]
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