A 10-WEEK slump in UK petrol prices has ended as commodity speculation rolled back a third of the recent fall in wholesale petrol costs, according to the AA. Average petrol prices that had peaked at 142.48p a litre in mid-April bottomed out at 130.81p at the beginning of July … Continue reading
SINCE April 2002 company car benefit-in-kind tax has been based on a vehicle’s list price and its official carbon dioxide emission figure. Over the years, despite a gradual tightening of tax bands, the Government’s tax take from company cars has reduced along with the number of company car drivers. Simultaneously, … Continue reading
NEW car sales in the UK are being inflated by ‘significant self-registration activity’ by dealers, according to one of the UK’s fastest growing vehicle retailers. Paul Williams, chairman of Vertu Motors, told the company’s annual meeting that new retail car sales volumes grew on a like-for-like basis in the … Continue reading
FOUR out of five motorists say drivers who repeatedly drink-drive should have their vehicles seized and sold or scrapped, according to a poll by the IAM (InstituteofAdvanced Motorists). And half of those surveyed think that it should also happen to drivers several times over the limit. The respondents … Continue reading
THE Government has given the green light for plans to introduce tolling on an existing major dual carriageway – the A14 linking the Midlands to the busy East Anglian port of Felixstowe – prompting fears that could set a precedent for more road charging in the future. The major … Continue reading
USED car trade buyers are becoming more ‘choosy’ about the vehicles they bid on and ultimately acquire, according to the Vehicle Remarketing Association (VRA). The less desirable cars in the wrong colours are now proving very difficult to shift, so adjusting the reserve price accordingly may be the only … Continue reading
DEMAND remains strong for upper executive, sports and luxury cars says BCA, as buyers continue to support the company’s programme of Top Car and Executive sales. In the first half of the year, BCA sold 8,356 cars valued in excess of £20,000, worth a combined £231.4 million. Across … Continue reading
HONDA is the most reliable used car brand in the UK for the seventh consecutive year, according to the annual survey by Warranty Direct and consumer magazine What Car? Honda, which is about to launch a new version of its CR-V, has a reliability record of just a one … Continue reading