S&P Global Ratings calculates it will be two years before the global car market picks up and blames weakening demand despite supply chain issues easing. The credit rating agency said worldwide car sales were likely to be flat this year, with Europe performing the worst of all regions and it’ll be late 2024 at the earliest before sales even get near … [Read more...]
World Rally Car Era celebrated at Rallyday
Since inaugurated in 2001, Castle Combe-based Rallyday has established itself as the ‘Go To’ event for rally fans in the UK. This year the organizers of Europe’s biggest one-day rally show were mindful of the sad passing of our inspirational and much-loved monarch, her majesty Queen Elizabeth II, and a minute’s silence and black armbands some of the … [Read more...]
Welsh car sales falling back
Wales saw a fall in new car registrations last month, the only part of Britain suffering as the cost of living rose. The Society of Motor Manufacturers and Traders reported 8,342 new cars were registered by Welsh dealerships last month compared with 8,637 a year ago. That’s a decline of 3.42% on the year to date. The top ten models sold in Wales in … [Read more...]
Toyota Aygo X makes its mark in Wales
Car sales in Wales last month saw the Toyota Aygo X the best seller for the first time as it stood out in a declining market. While Ford never figured in the UK top ten last month it was again notiching up double success in Wales with Kuga and Puma in the top ten, revealed by the Society of Motor Manufacturers and Traders. Total Welsh registrations … [Read more...]
Ford take top sales in Wales
Ford has returned to the top spot in Wales once again. It has been hamstrung by vehicle shortages due to components being unavailable to build cars across Europe but it has slowly been improving this year as alternative sources are used. Now in May it saw the Puma and Kuga clearly ahead in Welsh registrations with the former making big gains in particular … [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 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...]
September registrations worst for over two decades
New car registrations collapsed to a 22 year low last month due to the semi-conductor shortage delaying scores of models' introduction. Society of Motor Manufacturers and Traders reported sales plummeted 34.4% year on year in September – traditionally one of the busiest months for the industry after the March new-plate change. Just 214,312 new cars … [Read more...]
EVs cheaper to insure than petrol or diesel cars
GoCompare car insurance data shows Electric Vehicles are now cheaper to insure than petrol or diesel cars. The average cost of insuring an electric car in July 2021 was £484, compared with £489 for a petrol vehicle and £534 for a diesel car. The average cost of insuring electric vehicles has also seen a steady decrease since 2019 – with a £65 drop in … [Read more...]
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