Close to half of 18-34 year olds are struggling with fuels and cost of living rises, forcing them to borrow money from friends, family - or even banks. Research for ChooseMyCar.com, showed that 46% of this age group have asked friends and family for money, due to huge spikes in fuel costs and that’s in contrast to older age groups, with only 21% of 35-54 … [Read more...]
EVs registrations climbing through April
Latest UK electric car sales data shows one in ten new cars registered in April were fully electric. This data is from New AutoMotive’s Electric Car Count (ECC) – the most up-to-date and comprehensive electric car sales data in the UK. British brand Jaguar is the quickest by far to electrify, with 47% of cars sold in April being fully electric. Petrol … [Read more...]
New car sales crumble, used-models in demand
New car sales are still crumbling under the weight of supply shortages, rising costs and concerned buyers facing higher costs of living. UK new car registrations fell by -15.8% to 119,167 units in April, according to the Society of Motor Manufacturers and Traders. Despite showrooms being open for the entire month, unlike the previous year which saw … [Read more...]
EVs spark life into 24 year car sales slump
New car registrations collapsed to a 24-year low last month, despite bulging orders which car makers cannot supply. UK new car registrations fell by -14.3% to 243,479 units in March, according to the latest figures from the Society of Motor Manufacturers and Traders. Wales bucked the trend and saw 9,523 new cars registered with the new 71-plate in March, a … [Read more...]
Short-circuit finance costs of new-generation zero cars
New data from Leasing.com shows that leasing a battery electric vehicle is on average 18%, and potentially up to 31%, cheaper than funding a new vehicle on personal contract purchase. According to 2022 pricing data across Leasing.com’s top 15 most popular BEVs, leasing was the cheapest and most cost-effective option on 87% (13) of those models. Across the … [Read more...]
EVs are changing the look of fleets
Strong impetus for fleets to electrify while new car supply remains highly inconsistent is changing the badge composition of some fleets, says FleetCheck. Peter Golding, managing director at the fleet software specialist (below) said that several manufacturers who previously had low or non-existent fleet profiles were gaining ground. “There are a … [Read more...]
EVs big savings with off-peak charging over petrol & diesel
EV motorists will have an advantage over drivers with petrol or diesel cars following the energy price hike, say experts at Select Car Leasing. With the energy price cap rising, Brits are expected to see their energy bills skyrocket by 54%. This, combined with rising fuel costs which have hit all-time records for petrol and diesel, means many motorists … [Read more...]
EV sales offer hope as new car market staggers
New car registrations in Wales rose the most in mainland Britain last month, according to figures from the Society of Motor Manufactuers and Traders. Welsh showrooms saw 4,166 new cars leaving in 2022 compared to 2,654 as the year started in 2021, a 56.97% jump. The latest figures from the SMMT show that 115,087 new cars were registered in January, some … [Read more...]
Hyundai WRC drive for top British junior driver
The winner of the 2022 Motorsport UK Junior British Rally Championship will be offered a career-defining opportunity to contest a round of the FIA World Rally Championship, behind the wheel of a Hyundai Motorsport Customer Racing-built i20 N Rally2. For the third time since its inception in 2019, a collaboration between the British Rally Championship and … [Read more...]
Newslines 5 November
The Volkswagen ID.5 and ID.5 GTX are the latest all electric models from the German car maker. The new SUV coupe styling covers a common platform but with a choice of single or double electric motors and it will go on sale in the UK next year. The SEVEN is the name of the forthcoming all-electric car from Hyundai and to be sold under the sub-brand … [Read more...]
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