Cost of living

EV interest plummets amidst rising costs

The government has been urged do more to encourage EV adoption as buyer interest has plummeted in the face of higher vehicle and energy prices coupled with the cost-of living […]

Cost of living bites as car finance dips

New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in February 2023 by five per cent compared with the same […]

Drivers cut back on miles to cut costs

Nearly two thirds of UK motorists are reducing their vehicle usage to cut fuel bills. According to new research by BookMyGarage, 64% of UK motorists are driver less often than […]

New car buyers driven in droves to used market

New research has found that the cost-of-living crisis is having a significant impact on new car buyers, with many switching to the used vehicle market or not replacing their existing […]

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 […]

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 […]