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 […]
cost of living
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 […]
Halfords houses new dedicated cost-saving page
Halfords has launched a raft of initiatives to reduce the cost of driving, with a dedicated landing page for consumers to view them all. It has joined forces with MotorEasy […]
Cost of living drives green parts adoption
The cost-of-living crisis is likely to see a growing number of motorists switch to recycled parts to help reduce motoring bills. This is according to eBay, the UK’s leading online […]
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% […]
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 […]
Car finance booms as cost-of-living crisis bites
The cost-of-living crisis is pushing more new and used car buyers to opt for finance rather than cash purchases. This is according to the latest research by What Car?. It […]
