Some premium pure electric cars have slumped in value, according to Auto Trader. The Jaguar I-Pace crashed by 15.6 per cent year on year (YoY) and dropped by 4.1 per cent between December 2022 and January 2023. The average asking price of the Austrian-made Jaguar was £48,613 last month. Other premium second-hand EVs also slipped further in January, including the Tesla Model S (down six per cent … [Read more...]
Newslines 30 January
A petition has been launched by automotive trade bodies to stop the Government’s plans to extend the period before a vehicle has its first MOT, in order to reduce preventable casualties and deaths caused by vehicle defects. The petition created by the Independent Garages Association states the proposal would be: Dangerous: Increased casualties and deaths caused by vehicle defects; Expensive: … [Read more...]
Newslines 1 March
Welsh Government is allocating a further £18.6M to underwrite public transport over the next six months. Details will be given in the Welsh Budget tomorrow. The cost of running a car for young drivers has fallen by £296 year-on-year, primarily driven by decreases in fuel and insurance costs, according to comparethemarket.com’s study. On average, a 17 to 24-year-old driver will now pay £2,074 to … [Read more...]
Tradelines 11 November
Fourteen Tory MPs are among signatories to a FairFuelUK open letter to Transport Secretary Grant Shapps calling for an end to the road narrowing, blockages and dedicated cycle lanes eating into urban roadspace. Others who have added their names represent hauliers, drivers’ group and motorcyclists who say the policies have become a war on the motorist, who contribute billions of pounds to the … [Read more...]
Residuals of electric cars may shock you
The electric car market is on a charge. New models are joining an ever growing sector and their numbers are expected to very quickly swell once the coronavirus lockdown ends and a semblance of normality returns to showrooms. So it was interesting to study the results of a valuation survey compiled by Vanrama which looked at the current crop of cars and how they hold onto prices over different … [Read more...]
Tesla on a charge towards wider acceptability in UK
Tesla’s aim is to accelerate the world’s transition to sustainable transport. They were founded in 2003 by a group of engineers in Silicon Valley, California who wanted to prove electric powered cars could be better than petrol ones. Electric power gives instant driving torque, high power and no emissions at the tailpipe. To promote the use of electric power for passenger cars Tesla have … [Read more...]