Electrification and the impact of the recession look set to be the key fleet issues of 2023, the Association of Fleet Professionals is predicting. Chair Paul Hollick said that that businesses would be looking to fleet managers to deliver more value than ever, especially when it came to cost control and carbon savings. “Next year is going to be a tough one, … [Read more...]
Borrowing to keep driving
As the cost of fuel increases, it is becoming tough for many drivers to stay on the road, said Alex Hasty, director at comparethemarket.com. “Our research shows high petrol and diesel prices are now forcing drivers to make fewer journeys, and some are needing to cut back on seeing friends and family. “More than eight in ten drivers are worried about the … [Read more...]
Millions of motorists consider axing breakdown cover
One-in-five Welsh drivers is considering cancelling their breakdown cover, says IAMRoadSmart. As the cost-of-living crisis deepens, millions of motorists are now considering cancelling their breakdown insurance in a bid to cut back on everyday outgoings. The Welsh findings mirror the national picture after research commissioned by the UK’s leading road … [Read more...]
Premiums rising again and young drivers’ risk
Motor premiums are rising again after months of decline in the wake of coronavirus travel limits. Dan Hutson, head of motor insurance, comparethemarket.com, said, “Car insurance premiums are on the rise and have increased by £16 to £714 in September, from August. “This follows four consecutive months of declining costs leading to premiums reaching the … [Read more...]
