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 […]
inflation
Drivers ditch services as cost-of-living crisis deepens
A third of motorists say they are likely or very likely to either delay or skip having their vehicle serviced in the next 12 months due to the cost-of-living crisis. […]
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 […]
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 […]
Sales recovery stalled by inflation
New data has reported that new car sales across Europe grew for the second month in a row during September. According to ACEA, a combined 1.05 million vehicles were delivered […]
Older drivers priced off the road
The cost-of-living crisis will force more than half of older drivers to make fewer journeys and limit their own mobility. This is according to a new survey by disability motoring […]
Drivers neglecting tyre safety
New research has found that motorists are delaying critical tyre maintenance because of the cost-of-living crisis. Road safety charity IAM RoadSmart asked 1,004 motorists whether they have delayed making vehicle […]
Finance applications surge amidst rising costs
Car finance company Carmoney has discovered that there has been a 105% increase in the number of car finance applications in the past year. It has also identified a 53% […]
Used car market undisturbed by economic turbulence
Consumer demand for used vehicles has remained largely unaffected by the economic uncertainty. This is according to data from Auto Trader, which found the volume of advert views on its […]
Customer demand dips as inflation rises
New data has revealed that customer demand for new and used vehicles fell in September compared to the same month in 2021. According to iTrackLEADS there was a 24.8% decline […]
Regional ranges in insurance premiums
New data has revealed wild variations in insurance premiums according to region in the UK. According to insurance comparison platform Quotezone, drivers in London are forking out considerably more than […]
Cost-of-living cooling car ownership
A new survey of dealers has identified a growing trend among motorists now wishing to own their own vehicles. According to Startline’s Used Car Tracker, drivers choosing not to own […]
