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Tag Archives: Petrol

Petrol cars twice as likely to be written off as BEVs

Petrol and diesel cars are written off at over double the rate of fully electric vehicles, according to a new study by automotive data experts at cap hpi. The study, which examines data from 2015 to August 2024, found 0.9% of EVs under five years old have been written off, compared to 1.89% of petrol and diesel vehicles. A similar ...

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Used car market sees ‘significant’ shift to hybrids

The used car market is witnessing a “significant” shift towards hybrids away from petrol. That’s the conclusion of the latest Indicata Market Watch report. IT said mild Hybrid Electric Vehicles (MHEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) accounted for almost one in three (30.8%) of July’s sales of used cars up to four years old. This came at the expense ...

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Diesel share of new car sales to fall to 3% by 2028

The UK new car market is set to undergo a “radical change” by 2028 with diesel’s share falling to just 3% and overall ICE vehicles falling to 38”. The decline in new diesel cars and a reduction in petrol registrations will have a profound impact on the used market, according to the latest Cox Automotive new and used car market ...

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…Surge in fuel prices triggers ‘huge spike’ in demand for EVs

The surge in fuel prices and the dawn of the £100 tank has triggered a ‘huge spike’ in demand for electric vehicles (EV) on the Auto Trader marketplace. Auto Trader’s findings come as official figures show inflation in May rising to 9.1%, the highest for four decades, with the potential savings only set to increase as fuel prices continue to ...

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Consumers cut motoring costs as inflation hits 40-year high

Consumers are cutting back on motoring and non-essential car journeys as inflation bites. Figures from the Office for National Statistics (ONS) show that 40% of consumers are cutting back on non-essential journeys in order to reduce their outgoings. It said that inflation was now running at a 40-year high at 9.1% and is expected to go into double figures later ...

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Government ICE move sparks surge in interest in EVs

The government’s decision to fast track the ban on the sale of new internal combustion engine (ICE) cars to 2030 has resulted in a spike in interest in electric vehicles (EV). On the 18 November, the day after the Prime Minister confirmed the move, advert views on Auto Trader for new EVs increased 124%, whilst Auto Trader’s pay per click ...

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