Energy crisis impacting EV sales
The ongoing energy and cost-of-living crisis is impacting buyers’ decision to consider an electric vehicle as their next car. This is according to a year’s research carried out by What […]
Cost of living
Auto Trader reports healthy January demand
Retail prices and consumer demand have been healthy in the first few weeks of 2023. According to the latest data from the Auto Trader Price Index, the current average price […]
NBRA to host aftermarket-focused webinars
The NBRA will host a series of six 45-minute webinars to highlight both the changes the industry has gone through over the last three years and the urgent need for […]
Fall in fuel prices not sharp enough
Fuel prices fell 9p a litre in December, but the RAC believes the decreases do not reflect much lower wholesale prices. Its Fuel Watch data found that petrol prices fell […]
Dealerships endure December dip
New research has found that enquiries to car dealerships fell by more than 10% in December compared to the same month in 2021. According to data from iTrackLEADS, enquiries fell […]
Car finance market enjoys October uptick
New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes grew in October 2022 by 4% compared with the same month in […]
Insurers contribute £17.2bn in taxes to UK economy
The insurance and long-term savings industry has contributed a record £17.2bn to the UK economy in tax in 2021-22, according to the Association of British Insurers’ (ABI) latest Total Tax […]
Ben delivers Christmas support to struggling families
Automotive charity Ben has launched a Christmas families project so no one has to choose between heating or eating this Christmas. Over the last 12 months, Ben supported 182 households […]
CMA investigating fuel retail market
A review by the Competition and Markets Authority (CMA) has found that fuel retailers raised prices quickly in line with higher wholesale costs but were slow to reduce them again […]
RAC urges supermarkets to ‘do the right thing’
Data from RAC Fuel Watch has found that supermarkets are currently enjoying margins of about 15p a litre on both petrol and diesel. It says that wholesale prices for petrol […]
Car thefts up nearly a quarter
Vehicle theft has risen by 22% in the last year, according to data released by Statista. It found the cost of living is contributing to the rising incidents. In response, motorists […]
Costs spiral for owners of older cars
More than half of motorists with older cars are holding on to them for longer because of the cost-of-living crisis. A Motorpoint survey of 2,000 UK drivers with cars that […]
