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...]
Fuel prices fall may be hit by Budget bash, warn RAC
Don’t hold your breath for fuel cuts, warn the RAC. The plunging price of oil over the weekend should bring down pump prices within days, but RAC fuel spokesman Simon Williams said, “This is looking like the biggest single daily drop in the oil price in 20 years. “It should translate to some serious cuts at the pumps, particularly as the price of both … [Read more...]
Newslines 13 August – Pembs new road plan
Four possible schemes to improve safety on the A40 north of Narberth have been unveiled by Welsh Government. It has launched a consultation exercise with a public meeting in the town on 2 September before opinions close 20 September for overcoming the staggered cross-roads between Penblewin and Redstone Cross, which have resulted in serious accidents and … [Read more...]
Newslines 3 May
Thirteen million leisure trips are expected to be taken by car this coming weekend, the busiest in three years, according to research of drivers’ plans conducted by the RAC. Friday is expected to be busiest with around 4.4m separate leisure journeys by car, 1.5m more than the same day last year, followed by Saturday (3.4m, up 900,000 on 2018) and the bank … [Read more...]
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