The firm states that even if the Ukraine crisis didn’t happen, they had to lower their prediction for new car development because the supply did not improve, even with reports of automakers achieving leasing orders.
Nearly one in five vehicle purchasers who didn’t consider an electric car before are now thinking about it to counter inflation.
What’s popular and what’s not? The recent SMMT car registrations data clearly shows us the vehicles that are winning the hearts of British consumers, as well as the ones losing their appeal.
The Highway Code witnessed a series of important modifications at the start of this year, but millions of motorists do not know about them, according to a study conducted by the IAM Roadsmart charity.
The three finalists include the Ford Mustang Mach-E, Hyundai Ioniq 5, and Kia EV6, with the last two EVs from the South Korean duo lately winning the highest accolades in the UK and European Car of the Year awards separately.
Amid Russia’s incursion on Ukraine and rising oil prices, there is a need to save fuel to curb severe price hikes. The International Energy Agency has come up with a 10-point strategy created to lessen worldwide oil demand, thus decreasing the potential for rising fuel prices.
The UK authorities have set new regulations for private parking companies that forbid them to release Penalty Charge Notices (PCNs) of more than £50.
The valuations expert Cap HPI recently released data regarding vehicles that witnessed the highest price increase between January 2021 and January 2022. Owing to the lower supply of new cars courtesy of the semiconductor shortage, the Brits had to resort to the UK’s used car market.
Auto Trader’s new Retail Price Index reveals the growth of 30.5 per cent year-on-year in December 2021.
Exploring further, we found that the new-generation Nissan Leaf (2018 forwards) received the second spot with a 97.7 percent success rate, while the 2014-2020 Volkswagen e-Golf secured the third position in the list with a 93.94 per cent pass rate.
