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 … [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 … [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 … [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 … [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 … [Read more...]
Fuel prices rip off claim
Motorists are being ripped off by petrol companies,claims the AA has which says falling oil prices are not being reflected on forecourts. The motoring group calculates drivers are overcharged by more than £5 a tank. "Questions will be asked about the fairness of pump prices during the great oil crash of 2020," the AA said. The RAC has said the same. Bu … [Read more...]
Sunday drive: On the road and in the news
With the greater part of the World in coronavirus lockdown, in the UK there are no showrooms open with any business available mainly being done on-line and all car and component manufacturers factories are shut down, writes David Miles. UK new car sales figures released this week by the Society of Motor Manufacturers and Traders show sales fell by 44.4% in … [Read more...]
Fuel prices collapse but there’s a warning as well
Amid exceptional circumstances, UK petrol prices fell by their largest margin in 12 years in March, triggered by a complete collapse in the world oil price, says the latest RAC Fuel Watch report. While the price of a barrel of crude oil began the month above $50, by the end of March it had plummeted by 66% to under $18, its lowest level in 18 years. This … [Read more...]
Tradelines 25 March
Petrol prices crashed to an 18-year low this week. Falling oil wholesale cost saving are now reaching forecourts and Morrison’s has slashed 12ppl petrol and 8ppl diesel with prices at about 104ppl and 111ppl respectively, says the RAC, which is urging drivers to only go out if vital and support small independent retailers if they can. National Express … [Read more...]
Newslines 13 March
The first BMW 2 Series Gran Coupe goes on sale this week from £25,815. Unveiled in November, it completes the 2 Series line and the company’s four-door coupe range and will be available with a choice of 140hp or 306hp petrol engines and a 190hp diesel. Almost half the Ford UK 400 dealers could be axed in a radical shakeup to boost profits by the car-maker, … [Read more...]
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