FairFuelUK warns that rising inflation — from 2.9% to 3.1% — combined with petrol and diesel prices hitting their highest levels in four years, is inflicting severe and accelerating financial damage on households, small businesses and the UK economy. FairFuelUK says the Government must act now by cutting Fuel Duty and introducing a legally‑enforced … [Read more...]
Fuel prices rising every day
There has been another rise in fuel prices today. RAC head of policy Simon Williams said, “Average pump prices have jumped by yet another penny in just a day. Petrol has now broken through the £1.70-a-litre barrier and stands at 170.54p – its highest since 23 August 2022 – and diesel has risen to 192.86p – its highest since 29 July 2022. "Unfortunately … [Read more...]
Newlines 14 September
Toyota and IVECO announce a new collaboration under EMPOWER – the EU-funded Horizon Europe project dedicated to advancing zero-emission heavy-duty transport – marking a significant milestone in the development of next-generation fuel cell electric vehicles (FCEVs) for the heavy-duty transport sector. Under the EMPOWER project, Toyota will provide the fuel … [Read more...]
Filling stations lack pump-prices competition
The Competition and Markets Authority has published its latest road fuel monitoring report, setting out how the conflict in the Middle East has affected what drivers pay at the pump. The report also assesses fuel margins – the difference between the price petrol stations pay for fuel and the price they sell it at – and provides an update on Fuel Finder … [Read more...]
Iran war batters drivers’ wallets
Almost three quarters of motorists (73%) say their finances have been stretched by the impact of the war in Iran, according to new research. July’s Startline Used Car Tracker shows a third (33%) think it will be at least six months before their situation recovers, a quarter (25%) more than 12 months, and 10% over two years. Consequences such as rising pump … [Read more...]
Tradelines 20 May
Mazda Motor Europe has joined Drive Sustainability, an automotive industry initiative focused on promoting ethical, responsible and environmentally friendly practices across global supply chains. By joining the collaboration, Mazda is advocating business integrity and enhancing its ability to apply common sustainability standards and guidelines throughout … [Read more...]
Iran War fuels switch to EVs
More than nine out of 10 dealers (92%) say events such as the war in Iran make more car buyers think about switching to electric. May’s Startline Used Car Tracker shows 67% believe potential buyers are aware fuelling an electric car is potentially much cheaper than petrol or diesel, 57% that the sheer speed of fuel price rises is a factor and 21% that the … [Read more...]
Fuel bills are worrying motorists
Rising fuel bills are motorists major concern. RAC head of policy Simon Williams said: “Drivers tell us the cost of motoring is a major concern, and fuel is a huge contributor to that, so making sure they’re paying a fair price at the pumps is essential. For that reason, we welcome the competition watchdog's scrutiny of what’s happening on forecourts … [Read more...]
Too early to expect pump prices to rise
It is too soon to say if pump prices will rise after the outbreak of Middle East hostilities on Saturday. RAC head of policy Simon Williams said, “While the conflict in the Middle East undoubtedly has the potential to push up pump prices in the UK, it’s not a certainty. The oil price would have to rise significantly and stay that way for some time to have … [Read more...]
Fuel finder announced by Government
Fuel Finder is a new government service that helps drivers find the cheapest fuel near them. It makes fuel prices available to third party apps and websites so motorists can compare prices easily. Users simply have to register with the Government to access all the data with updates sent out within 30 mins of changes. Anyone can use this service to … [Read more...]
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