New car registrations collapsed to a 22 year low last month due to the semi-conductor shortage delaying scores of models' introduction.Society of Motor Manufacturers and Traders reported sales plummeted 34.4% year on year in September – traditionally one of the busiest months for the industry after the March new-plate change.Just 214,312 new cars were registered with the latest plate … [Read more...]
EVs cheaper to insure than petrol or diesel cars
GoCompare car insurance data shows Electric Vehicles are now cheaper to insure than petrol or diesel cars.The average cost of insuring an electric car in July 2021 was £484, compared with £489 for a petrol vehicle and £534 for a diesel car.The average cost of insuring electric vehicles has also seen a steady decrease since 2019 – with a £65 drop in average costs from the first six months … [Read more...]
Newslines 21 September
IHS Markit, whose production projections are cited by automakers, suppliers and research analysts the world over, just took its biggest chop yet to estimates that have been falling all year due to the global chip shortage.IHS Markit slashed its production forecast for this year by 6.2 percent -- or 5.02 million vehicles -- and lowered its projection for next year by 9.3 percent, or 8.45 … [Read more...]
Newslines 13 September
Car rental experts at StressFreeCarRental.com have launched a campaign for the Government to ensure all motorists have a dash cam in place in their vehicles to record incidents while they are driving.It comes as Department for Transport figures showed there were 24,470 people killed or seriously injured in road traffic accidents reported to the police for the year ending June 2020, with the … [Read more...]
Vauxhall and VW looking to dominate EV sales this year
Audi, BMW and Mercedes-Benz have all spotted the risk Tesla and other EV-based manufacturers have on the dominance in the sector and will all end 2021 with upwards of four models. But according to motor dealer Peter Vardy, it’s Vauxhall and Volkswagen that are currently the most eager for dominance in the EV market in 2021. Volkswagen is set to rival Tesla with 6 EV models available by the end … [Read more...]
Newslines 10 August
The iconic electric-first brand, Tesla has come out as the Euro NCAP’s safest car brand tied with Polestar, a Swedish EV manufacturer who’s owned by Volvo Cars. Both companies scored an impressive 87% safety rating out of a possible 100%, while Lexus, the luxury division of Toyota, came in third with their safety rating of 86%, closely followed by Genesis and Volvo with 85%, reported … [Read more...]
Newslines 16 July
Tesla is on course to notch up a million pure battery car sales by next April, the first manufacturer to do so. VW is tipped to overtake them two years later and Mercedes-Benz will be close behind, according to projections calculated by Moneyshake. As Germany ramps up estimates of EV sales to 14M on its roads inside eight years analysts believe 55% of all EU sales will be electric in the same … [Read more...]
Newslines 9 July
GoCompare says just 14% of drivers are considering an EV as their next car and of those who would consider buying an EV as their next vehicle, 60% are male and 40% are female. When asked the reasons why people are put off buying an electric vehicle, price topped the list – with more than half saying that electric vehicles are too expensive and 50% said they wouldn’t choose an electric vehicle … [Read more...]
Tesla top UK registrations as recovery continues
New car sales are recovering but more slowly than expected by car makers. The global shortage of micro-chips is affecting outputs from plants, said the Society of Motor Manufacturers and Traders. June’s UK registrations of 186,128 new cars is 16.4% below the last decade’s average for the month and the second quarter’s total is still 9,000 units short of their expectations due to the chip … [Read more...]
Newslines 14 June
BMW has enhanced its BMW X3 and BMW X4 models with a comprehensive refresh that includes sportier styling together with modern interiors, new equipment and updated infotainment. The strongest visual aspect of the enhancements is the redesigned front and rear section which, in the latest third-generation of the BMW X3, accentuates the robust Sports Activity Vehicle appearance and its Sports … [Read more...]
