Britain’s drive towards zero emissions is slowing down. Today, the Government announced a relaxation of electric vehicle sales targets to help the car industry in the face of trade tariffs from the US and a slow take up for pure electric cars with manufacturer incentives costing them millions of pounds. It is what the motor industry and component suppliers … [Read more...]
EU car sales soar nearly 30%
The EU car market recorded a significant 28.8% increase in passenger car registrations in March, surpassing more than a million units (1,087,939). All the bloc’s largest markets saw double-digit growth last month, with Spain (66.1%) and Italy (40.7%) in the lead. In the first quarter of 2023, the EU car market saw a substantial increase in new car … [Read more...]
Fuel for thought as petrol-car sales rise
New figures showing a rise in the sale of petrol vehicles highlight the urgent need to address motoring emissions, according to a leading fuel tech company. Information from the Society of Motor Manufacturers and Traders last week showed sales of petrol vehicles rose 14.6% year-on-year, accounting for 44.7% of all new cars sold in January. By … [Read more...]
Bigger savings emerging with electric cars
The annual running cost of an electric vehicle is now £579 cheaper on average than a petrol-fuelled car, according to the latest research from comparethemarket.com. This saving in cost has increased from 2021 when EVs were just over £400 cheaper to run. The research, which analyses the price of insurance, fuel, and road taxes, shows that the average annual … [Read more...]
More buyers looking at used cars
It is positive to see that the used car market grew in the last quarter of the year, said Sue Robinson, Director of the National Franchised Dealers Association. The used car market saw a growth of 2.4% in the last quarter of 2019 with 1,804,343 transactions. Overall in 2019, the used car market finished almost on par with the previous year with a marginal … [Read more...]
Uber blamed for rising pollution in urban areas
Uber is adding more polluting car trips to already-clogged European cities such as London and Paris, new analysis suggests - contributing to air pollution and climate change and exploding the company’s sustainability claims. Data compiled by Euromonitor for European research and campaign group Transport & Environment shows a surge in the number of Uber … [Read more...]
Dealers worried over deadline for petrol & diesel cars
Close Brothers Motor Finance’s Dealer Satisfaction Survey has found that two-thirds (66%) of car dealers believe the Government’s plans to ban petrol and diesel cars by 2032 will be too early. The qualitative survey of more than 200 dealers nationwide found that the vast majority (86%) believed the ban would cause another layer of confusion to the market, … [Read more...]
Used diesels dropping in price, petrols rise
The average price of a used diesel car fell by 10.3% between Q1 2017 and Q4 2018. Diesel car values dropped 5% through 2017, on the back of consistent negative news about the fuel, and new data shows that slump continued through 2018 at a near-identical rate. The analysis from car buying comparison website Motorway.co.uk also shows equivalent used … [Read more...]
Europe is turning its back on diesel, says JATO
The decline in diesel sales is accelerating across Europe. The European car industry had a solid 2017, with new registrations totalling 15.57 million, an increase of 3.1% when compared to 2016 and the highest volume of registrations since 2007 when 16.02 million units were registered but there is still concern over the results of the UK, according to the … [Read more...]
Diesel decline threatens emissions targets
Diesel’s market share in the EU-15 fell from 50.2% to 46.3% of new car registrations in the first half of 2017. In absolute numbers, 152,323 less diesel cars were sold and the drop was offset by an increase in the sale of petrol vehicles. Auto makers caution that this shift to petrol engines with higher CO2 values will pose additional challenges to … [Read more...]
