Motorists can get some relief from today's Spring Statement by the Chancellor. John Cassidy, Director of Sales at Close Brothers Motor Finance said, “The Chancellor reconfirming her pledge to extend the freeze of fuel duty, as well as the temporary five pence cut, until March 2026, will offer a glimmer of relief to motorists concerned about the soaring cost … [Read more...]
Pouring oil into troubled EV commercial vehicle sales
Hydrotreated vegetable oil could be the key environmentally positive fuel for fleets as electric van and truck sales continue to almost flatline, believes FleetCheck. Barrie Wilson (below), commercial fleet consultant at the fleet software specialist, said that as the majority of the commercial vehicle market was persistently rejecting electrification, … [Read more...]
Wales’ fuel prices rising again says RAC
The price of petrol and diesel has risen for the fourth straight month, making unleaded 5p a litre more expensive than it was at the start of October and diesel 6p more, says RAC Fuel Watch. Petrol went up 2p a litre in January to an average of 139p (136.9p at start of 2025) and diesel by nearly 3p to 145.7p (from 142.9p). This means filling up a 55-litre … [Read more...]
Newslines 27 January
Swansea ranks second for cheapest diesel in Britain, averaging £1.41 per litre, according to WhatPrice.co.uk, Belfast is cheaper at £1.35p but Cambridge is most expensive costing £1.47p and when it comes to petrol the dearest also Cambridge, Crawley, Poole and Bournemouth at £1.40p while the least expensive is Belfast again at £1.32p. Hyundai Motor Group … [Read more...]
Rising costs worry motorists
Almost seven out of 10 motorists (69%) are worried about petrol and diesel costs rising this year, reveals new research. January’s Startline Used Car Tracker also shows that 60% are concerned about rising insurance premiums, 47% the cost of buying a car and 42% the cost of servicing. Other costs expected to increase include repairs (41%), electric vehicle … [Read more...]
Motorists saw a better fuel deal last year
Fuel prices went up by under a penny in December making for the third rise in as many months but still remain close to late 2019 levels, reveals new data from RAC Fuel Watch. Petrol finished the month averaging 136.9p across the UK, up a third of a pence (0.36p) while diesel rose two-thirds of a pence (0.67p) to 142.9p. Petrol has increased from 135p at the … [Read more...]
Resellers told to expect a big market change
It seems 2024 will be the year of 'peak petrol' when it comes to how UK cars are powered, more than 160 delegates heard at the annual seminar of the Vehicle Remarketing Association. Louis Maxwell, senior insight manager at Auto Trader, told the audience at The Slate, Warwick University, that growth in sales of electric vehicles (EVs) meant that volumes of … [Read more...]
Fuel prices slipping back before Christmas
The Christmas getaway is going to be cheaper this year. Despite a slight rise at the pumps in November, drivers are on the road to enjoy the cheapest Christmas at the pumps since the pandemic, according to new data from RAC Fuel Watch. Petrol went up by a penny to 136.5p over the month while diesel rose by nearly 2p (1.8p) to 142.25p, taking the cost of … [Read more...]
EV, petrol and diesel prices still too high
Motorists are paying too much to keep driving, say Government watchdogs and the RAC. Petrol and diesel prices are staying high because there are fewer forecourts vying for business, according to the latest report from the Competition and Markets Authority. And EV charge-point operators have not slashed prices despite wholesale generation costs coming … [Read more...]
The many obstacles to EV ownership
Chancellor Rachel Reeves' recent vehicle tax reforms aimed at accelerating the UK's transition to electric vehicles have sparked discussions about their potential impact on both private and corporate vehicle ownership. Now, new insights from private plate supplier Regtransfers reveal a substantial gap between government policy intentions and public … [Read more...]
