Current owners of petrol or diesel cars plan on sticking with the internal combustion engine for the next nine years on average, they told researchers. When almost 1,300 British motorists who currently drive a petrol or diesel car were questioned by SUSTAIN, six in 10, (59%) planned to keep an internal combustion engine car going as long as possible. On … [Read more...]
Newslines 4 October
The average price of petrol and diesel fell by 6.5p in September – the ninth biggest monthly drop seen since 2000, said RAC Fuel Watch. A litre of unleaded averaged 134.79p, down from 141.26p at the start of the month while diesel fell from 146p to 139.5p so drivers are now saving £3.60 every time they fill up an average 55-litre family car and the RAC … [Read more...]
EV deadline move will bolster buyers ICEs
More than four out of 10 dealers think used car buyers will stick with petrol and diesel cars for longer following the government’s decision to delay the new car electrifcation deadline to 2035. Startline’s November Used Car Tracker also shows that 29% believe the move will mean the used electric vehicle (EV) market will take longer to develop while 19% … [Read more...]
Dealers putting brakes on buying EVs
Dealer margins are being squeezed as despite strong demand it is proving difficult to push retail prices up, according tp CAP HPI. This is due to consumers cost-of-living concerns and high used car prices from increases since the start of COVID, and especially in 2021 when values increased by c.30% on average. Plus there is strong competition from other … [Read more...]
Drivers may delay EV purchases for five years
As many as 14% of drivers – more than ever before – say their next car will be electric, but the proportion of those expecting to be in an EV in the next five years has reduced in the last year, shows new RAC research with more than 3,000 drivers. While figures for the RAC Report on Motoring 2022 indicate the number of drivers planning to change their … [Read more...]
Britain unprepared for ev switch in eight years
Rising electric costs are blowing the fuse on plans for expanding ev sales in Britain. A comprehensive survey by Rivervale Leasing found that the escalating cost of energy is the most common concern, as 21% say that they think the potential of higher home charging tariffs could stop the UK from switching to electric. Vince Pemberton, Chief executive … [Read more...]
EVs to become dominant in three years
Electric models will dominate fleets in three years, managers have told researchers for Arval Mobility. Just half (50%) of vans and a little over a quarter (28%) of UK company cars are predicted to be using petrol or diesel power alone by 2025, research from the latest Arval Mobility Observatory Barometer shows. Fleet and mobility decision makers were … [Read more...]
Brits falling out of love with evs
Brits’ appetite for electric vehicles appears to be declining with fewer people saying they expect to own an EV in the next decade, according to a recent CarGurus study. Despite petrol prices reaching record highs and the sale of new petrol and diesel cars banned from 2030, UK motorists’ appetite for EVs has decreased when comparing interest in 2021 … [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...]
Motor industry at cross-roads, suggests global survey
Car buyers around the world have different opinions on their next vehicle choice, according to an international survey by Arthur D Little researchers. The report entitled ‘The Future Of Automotive Mobility’ based on a survey of over 8,500 end customers in 13 countries shows that global automotive markets are currently at crossroads. While the study … [Read more...]
