Financially challenged Welsh families are forking out more of their weekly income for fuel than Londoners. The North East has the most expensive fuel in the entire UK, new research can reveal and they spend a bigger percentage of their weekly wage on fuel than any other region in the UK, as petrol prices hit their highest level on record. Motorists in the North East spend £77.93 on a tank of … [Read more...]
£80 fill-up hits forecourts for first time
Fuel prices are soaring to new levels and it looks like a very expensive winter for drivers, says the RAC. RAC fuel spokesman Simon Williams said, “The price of petrol has continued to rise since it broke through the previous record high of 142.48p on 24 October, going up 3.5p in nearly three weeks. "This means filling up a 55-litre family car with unleaded has now topped £80 for the first … [Read more...]
Fuel shortages drying up car sales, says finance company
The ongoing fuel crisis is detering new car buyers, according to Close Brothers Motor Finance. A fifth (20%) of the UK public admit the fuel shortage up and down the country has put them off buying a new car. The research, which examined the impact of the national fuel shortage on car buying, found that well over a quarter (27%) say the crisis has made them think about purchasing an … [Read more...]
Tradelines 6 October
Amidst the fuel delivery crisis the average price of a litre of both petrol and diesel rose in September to make a tank around £12 more expensive than a year ago, according to new RAC Fuel Watch data. Unrelated to the current troubles at the pumps, unleaded went up 1.5p to 136.83p while diesel rose by 2.5p to 139.25p, making petrol 22p a litre more expensive than a year ago (114.61p 30 … [Read more...]
Newslines 28 September
Rolls-Royce Motor Cars will tomorrow unveil its detailed plans for a pure electric model before the end of this decade. The company has already said what priorities it will use to launch the model when it is right for their customers and the recharging infrastructure exists to support the car, after showing a concept several months ago. Welsh Conservative Shadow Minister for Technology … [Read more...]
Fuel prices rise for seventh consecutive month
After the seventh month of rising prices petrol is now more than 22p a litre more expensive than a year ago – the biggest 12-month increase seen for 11 years, says RAC Fuel Watch. Unleaded went up by more than 2p a litre (2.24p) in May to 129.27p while diesel also increased by a similar amount (1.95p) to 131.59p. In the seven months since the country last saw the average price of petrol fall … [Read more...]
Tradelines 21 April
The Volkswagen ID.4 has been voted World Car of the Year 2021. Over 90 international motoring writers nominated the pure electric model and it marks the fifth time VW has taken the top award. Future smart motorways have been parked up until radar technology improves to make them safer after a series of fatal accidents and severe injuries. The Government announced the halt following protests … [Read more...]
Drivers in line for fuel price cut
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 month (114.53p at the start of the … [Read more...]
Newslines 12 May
RAC fuel spokesman Simon Williams welcomed the move by Morrisons supermarket to cut fuel to under 100p a litre, but had a warning. “Unfortunately though there is a darker side to any large price cuts – they heap yet more pressure on smaller independent fuel retailers, who in some cases are already fighting for survival as a result of the coronavirus outbreak and iIt remains to be seen how long … [Read more...]
Fuel costs falling again
The average cost of filling up a car with unleaded petrol has dropped to its lowest level since May 2016, as a result of the historic oil price falls caused by the coronavirus outbreak, shows data from RAC Fuel Watch. The average price of a litre of petrol fell by 4.15p in April, from 113.1p to 108.95p, meaning the cost of filling a 55-litre hatchback car fell from £62.21 to just £59.92. Those … [Read more...]
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