A new survey of 2,000 UK drivers reveals that almost a third (30 per cent) say that if they were buying a new car or a new second-hand car they would not know whether to buy a petrol, electric or diesel one. Younger drivers, 18 – 34s, are even more undecided with 41 per cent saying they are unsure what type of fuel-powered car to go for.
Klarius Products Ltd. has slammed the government’s proposal to bring forward the ban on new petrol and diesel cars to 2035, calling the decision “an unworkable fantasy” that is more about political gain than solving a problem.
Despite the environment being the biggest driver for switching to an electric vehicle, new research by digital transformation agency, Somo, has identified that the interest in petrol vehicles is not declining. In fact, over half would consider purchasing a petrol engine vehicle next, and, surprisingly, a quarter are still considering diesel engines.
New car buyers can get the biggest savings off list prices on diesel cars according to the latest research by Britain’s leading consumer champion and new car buying platform, What Car? Analysis of the UK car market by What Car?’s Target Price mystery shoppers found the average discount on a new diesel car at the beginning of March was 7.82 per cent off the list price, or £2731. Discounts on diesel were only marginally higher than for petrol models, which stood at 7.11 per cent or £2101.
Porsche is the latest vehicle manufacturer to announce that it is to stop producing diesel cars. It follows a 2015 scandal in which its parent company, Volkswagen, admitted it had cheated emissions tests for diesel engines. The Porsche chief executive said the company was “not demonising diesel”.
The Society of Motor Manufacturers and Traders (SMMT) is urging the UK government to act to support the sale of traditionally fuelled vehicles following the news that the UK new car market declined moderately in June. Year-on-year demand fell by -3.5 per cent, the SMMT stated, as 234,945 new cars joined British roads, representing relative stabilisation considering recent turbulence over the past year or so. While alternatively fuelled vehicle sales continue to rise, they are not yet at a level that can relieve the decline in traditionally fuelled vehicle sales, and the SMMT argues for government to provide increased support for petrol and especially new technology diesel vehicles.
The balance of stocking diesel, petrol, hybrid and alternative fuel used cars is set to become a more important issue for dealers over the course of 2018, says the Vehicle Remarketing Association. The trade body, which represents members that are involved in the remarketing of more than 1.5m vehicles per year in total, says that the process is likely to be relatively measured but also unavoidable.
The recent rise in fuel prices in the UK is likely to see more fluctuation, but predictions suggest that diesel may continue to rise ahead of petrol. “Much of the sharp upswing in the UK wholesale cost of petrol, caused by a big surge of global prices in the immediate aftermath of the hurricane, was absorbed by retailers such that average pump prices only rose by just over 2.0pp,” commented Brian Madderson, chairman of the Petrol Retailers Association (PRA).
The UK government has decided to ban the sale of both new petrol and new diesel cars from 2040. The goal isn’t as ambitious as Norway’s, which aims to do the same by 2025. India thinks it can do it by 2031. And France is on par with the UK, also aiming to ban sales of new combustion engine-based cars by 2040. However, in the UK at least, electric cars sales currently represent less than 1 per cent of new registrations. Therefore a lot has to happen between now and 2040 for this new rule to become reality. What is clear is that there is now real legislative momentum in favour of electric vehicles in the UK and that this will have an inevitable impact on OE suppliers, and in turn the UK replacement tyre market, especially in three key areas: weight, torque and rolling resistance.
Today the government launched its “UK plan for tackling roadside nitrogen dioxide concentrations”. And with it came the decision to ban the sale of both new petrol and new diesel cars from 2040. However, electric cars sales currently represent less than 1 per cent of new registrations. Therefore a lot has to happen between now and 2040 for this new rule to become reality. What is clear is that there is now real legislative momentum in favour of electric vehicles in the UK and that this will have an inevitable impact on OE suppliers and in turn the UK replacement tyre market.
The Petrol Retailers Association (PRA) has announced that Brian Madderson has agreed to continue his role as Chairman of the Association, following a meeting with PRA Executive Committee.
Madderson comments, “Since 2010, the PRA has retained 90 per cent of the top 50 independent petrol retailers in membership, with sites numbering ing over 3,000. Regional committees have been established in both Northern Ireland and Scotland, and we have formed positive relations with key government officials and politicians in all four home countries.
The Petrol Retailers Association (PRA) has raised their concerns following news that a UK police force has declared that driving away from a petrol station without paying for fuel is no longer considered a crime. Devon and Cornwall Police said it would not investigate such incidents unless there was obvious proof of criminal intent – such as false number plates – and the force has blamed government cuts for the decision.