Cost of living

Rising prices means falling ownership

The cost of living crisis is having a negative impact on car ownership. According to MotoNovo Finance’s latest Customer Insight research, the fall in car ownership reported by the SMMT […]

Fuel prices driving EV uptake

An online Opinion Matters poll commissioned by The Motor Ombudsman has found than 48% of UK car owners are considering a switch to electric a fuel prices continue to rise. […]

Fuel prices need ‘urgent review’

The RAC and the AA have backed calls from government ministers for an urgent review of rising fuel prices. They want to establish if the cut in fuel duty is […]

RAC warns of steepling fuel costs

The RAC has warned that fuel prices could top 180p per litre this week. It has reported that prices on the forecourt spiked by nearly 5p a litre during the […]

Car sales stutter amidst supply shortages

New UK car registrations fell 20.6% to 124,394 units in the second weakest May since 1992 as supply shortages continue to hamper new purchases and the fulfilment of existing orders. […]

Car clubs reducing UK car parc

The number of active car club members in the UK almost doubled last year according to a new report, which concluded that more than 116,000 privately-owned vehicles have been removed […]

Growth slows for car finance market

The Finance & Leasing Association (FLA) has reported that the consumer car finance market saw new business volumes up in March 2022 by two per cent compared with the same […]

Appetite increases for used cars

Seven out of ten consumers (70%) say that used cars have become more appealing purchases than new in the last month. This is according to the very first monthly Startline […]

March sees record fuel prices

Pump prices rose more in March than in any previous month on record, according to the RAC Fuel Watch. This is despite the 5p fuel duty cut announced in the […]

Fuel duty cut in Spring Statement

The government has announced a 5p per litre cut in fuel duty. Speaking in his Spring Statement, Chancellor Rishi Sunak said the cut was being introduced to mitigate the rising […]

Drivers urged to tread carefully

The rising cost of living could see motorists rejecting new tyres in favour of cheaper, part-worn tyres described by safety experts as ‘death traps’. Research conducted by the UK’s leading […]