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 down, added the RAC. RAC head of policy … [Read more...]
Tradelines 2 October
Eye snatching is the term being applied to the increasing number of LED headlight thefts worth thousands of pounds for each unit. Thieves are increasingly targeting expensive models to hack out and disconnect the multi-lenses to be sold on the parts' black market, said Philip Swift, Technical Director at Claims Management and Adjusting. Europe's component makers are worried by the rush into EV … [Read more...]
Time to apply the weedkiller for thieves
Motor insurance loss adjuster Claims Management & Adjusting is calling on the police to abolish the stolen vehicle data handling process known as ‘six-week weeding’. According to the latest data from the Office of National Statistics, as many as 350 vehicles are stolen each day in the UK. Any Lost or Stolen marker placed against a Vehicle Registration Mark must be manually confirmed by the … [Read more...]
Newslines 9 August
The North East is home to Great Britain’s safest roads, with just under 2% of all the country’s collisions in 2022, according to analysis of accident data. The study by Go.Compare Car Insurance said North East had just 6,122 accidents across the year, while Wales and Scotland complete the three safest British regions, both boasting just 4% of all total collisions while they jointly made up less … [Read more...]
Motorists fleeced out of extra £1.6 Billion in 12 months
Filling stations have pocketed an extra £1.6 Billion from motorists through overcharging on fuel, according to the latest Competition and Markets Authority. Supermarkets and roadside filling stations have steadily increased their profit take per litre and it raises questions about a possible illegal cartel operating behind the scenes with rivals reluctant to break the spiral. RAC head of policy … [Read more...]
Motorists getting very poor pump deals
Drivers across the UK – with the exception of those in Northern Ireland – are continuing to get an extremely poor deal every time they fill up, new data from the RAC reveals. The RAC believes the average prices of both petrol and diesel are far higher than they should be in comparison to wholesale costs which have been falling since the end of April, and that the distraction of the General … [Read more...]
Tradelines 31 January
Specialist motor insurance loss adjuster Claims Management & Adjusting says new Office for National Statistics figures showing an 8% annual increase in vehicle thefts are shockingly unsurprising. According to the ONS’s latest Crime Survey for England and Wales instances of “theft or unauthorised taking of a motor vehicle” increased from 122,423 in the year October 2021 to September 2022, to … [Read more...]
Con-artists are recovering their own cars
The latest used car scam is restealing, warn investigtors. The UK’s oldest specialist motor insurance loss adjuster, Claims Management & Adjusting, has reported a worrying increase in the used car scam, particularly in the North of England. The con sees an unsuspecting consumer purchasing a cloned vehicle, only to have it stolen within days by the very people who sold it to them. The … [Read more...]
Tradelines 27 September
A new study by Auto Trader has found that the number of people claiming they’ll never buy an EV has nearly doubled, on the back of the government’s U-turn last week. Of the 1,700 in-market car buyers who responded to questioning, 37 per cent said they were unlikely to ever buy an EV and the figure is close to double the 21 per cent of people who said they would never go electric when the 2030 ban … [Read more...]
RAC urges Government to force fuel changes
The RAC is concerned that Government plans to monitor pump prices are little more than window dressing. Grant Shapps is meeting supermarket bosses today after a report found the big retailers were profiteering from higher prices and not timely cutting them when wholesale costs fell. The Government has suggested a price monitor but this already exists with many smart phone apps and the RAC wants … [Read more...]
