Demand at online marketplaces could settle at a new, higher normal, with the crisis leaving consumers ‘scarred’
Car buyers’ interest in electric cars has surged across Europe since the start of the war in Iran, as the rising cost of petrol highlights the cheaper power available from a plug.
Online marketplaces in the UK, Germany, France and Spain reported huge increases in inquiries about electric vehicles since the start of the conflict in February.
Continue reading...UK researcher uses maths to explain seeming inevitability of phenomenon experienced by many motorists
It is a situation experienced by many motorists: one driver overtakes another only to find the slower car is right behind them when they reach a red light. Now a researcher has used mathematics to reveal why the situation feels inevitable.
Dr Conor Boland from Dublin City University has called his work “The Voorhees law of traffic”.
Continue reading...City regulator reduces number of loan agreements in line for compensation from 14m to 12m
Victims of the car finance scandal will be in line for payouts worth £830 on average, as the City regulator tightened the rules of its compensation scheme to cover fewer contracts.
The Financial Conduct Authority (FCA) released the final details of its planned redress programme, saying it had narrowed the number of loan agreements eligible for payouts from 14m to 12.1m contracts.
Continue reading...More use of two-way charging will earn money for owners and could avoid the need to expand North Sea oil drilling
The Iran war has sent petrol and diesel prices to their highest levels in years, sparked warnings of fuel rationing across Europe and triggered calls for Britain to drill more North Sea oil and gas. But analysis suggests the UK is looking for solutions in the wrong places – and that one of them is sitting on people’s driveways or parked in the street.
If more drivers switched electric vehicles, Britain would sharply reduce its petrol and diesel consumption, with every car charged from the grid rather than the pump extending the country’s fuel reserves – and experts say the potential impact goes far beyond that.
If more drivers switched to electric vehicles, Britain could sharply reduce its petrol and diesel consumption. Every car charged from the grid rather than the pump extends the country’s fuel reserves – and experts say the potential impact goes far beyond that.
Carmaker’s decision to drop NissanConnect EV app on relatively recent cars fuels warnings from experts
Owners of some Nissan Leaf electric vehicles are angry after the carmaker announced it would shut down an app that lets them remotely control battery charging and other functions.
Drivers of Leaf cars made before May 2019 and the e-NV200 van (produced until 2022) have been told that the NissanConnect EV app linked to their vehicles will “cease operation” from 30 March. This means they will lose remote services, including turning on the heating, and some map features.
Continue reading...Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say
European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.
A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing data from 2022, when Russia’s invasion of Ukraine pushed the oil price to the $100 mark, with data from 2017-2019.
Continue reading...Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts say
European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.
A sustained oil price of $100 a barrel, the level seen on Monday, would mean motorists in the EU paying €55bn more over a year, researchers at the Transport & Environment (T&E) thinktank estimated. That is the equivalent of an average of €220 for each driver, with higher-mileage drivers facing even bigger hikes. The assessment was made by comparing data from 2022, when Russia’s invasion of Ukraine pushed the oil price to the $100 mark, with data from 2017-2019.
Continue reading...Lawsuits and slander claims fly in IG Metall’s battle with Elon Musk over employment rights and conditions
Europe’s largest trade union is trying to gain control of the works council at Elon Musk’s Tesla gigafactory near Berlin, in an industrial relations showdown marked by lawsuits and mutual accusations of slander.
The works council, an elected body of employees that negotiates everything from working hours to pay deals with a company’s management, is considered an entrenched aspect of the German corporate world, particularly in the car industry.
Continue reading...Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds
Rachel Reeves targeted Britain’s wealthiest households with a £26bn tax-raising budget to fund scrapping the two-child benefit policy and cutting energy bills.
On a chaotic day that involved key details of her budget accidentally being released early by the Office for Budget Responsibility (OBR), the chancellor defended the measures, saying she was “asking everyone to make a contribution to repair the public finances”, but that she wanted the wealthiest to pay the most.
Continue reading...Campaigners claim AI algorithms are behind hefty increases in renewal quotes for home and car cover
Shortly after her husband died, Kay Lawley* received renewal quotes from the couple’s home and car insurance provider, Ageas. She told the company of his death and was stunned that the quotes then increased by up to 15%.
Her car insurance quote went from £301 to £348, while her home and contents policy rose by almost 12% – from £1,039 to £1,161.
Continue reading...In effort to tackle severe backlog and end resale market, only learner drivers will be able to make bookings
Bots and third parties will be banned from booking driving tests as part of a government shake-up to tackle a severe backlog of almost 670,000 learners booked in for a practical assessment.
The Department for Transport (DfT), which recently consulted on how to crack down on touts reselling test slots at inflated prices, said that only learner drivers themselves and not their instructors would be able to make bookings.
Continue reading...Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade war
Nexperia, the EU-based automotive chipmaker at the centre of a geopolitical dispute, has suspended supplies to its Chinese factory, stepping up a trade war that threatens to halt production at carmakers around the world.
The company wrote to customers this week informing them all supplies to a Chinese plant had been suspended.
Continue reading...Former Paralympics champion says inaccessible charging points show government ‘has forgotten about us’
Campaigners including Tanni Grey-Thompson have warned that disabled drivers are at risk of being locked out of the electric car transition because of inaccessible chargers.
The former Paralympics champion and the Electric Vehicle Association England are pushing for the government to introduce standards to ensure chargers are easy to reach.
Continue reading...Europe has been slow to embrace robotaxis but Germany will allow remote-controlled rental cars from December
Having been summoned by a few clicks in an app, the electric car slows to a halt outside the former cargo hall of Berlin’s now defunct Tegel airport. No one is at the wheel, but upon a passenger stepping inside, a voice announces: “This is Bartek, I am your driver today. Please buckle up and we can be on our way.”
The car emits a friendly jingle, then makes its way to the former runway, where it performs a fault-free manoeuvre around a route marked by traffic cones.
Continue reading...South Korea concerned after hundreds were arrested at Georgia work site making batteries for Hyundai and Kia cars
Hundreds of workers at a factory being built in Georgia to make car batteries for Hyundai and Kia electric vehicles were detained in a huge raid by Immigration and Customs Enforcement (Ice) on Thursday that stopped construction.
The facility is part of what would be the biggest industrial investment in the state’s history and had been hailed as a huge boost for the economy by Georgia’s Republican governor, Brian Kemp.
Continue reading...Campaigners call for Paris-style parking charges amid fears big vehicles are taking up excessive public space
The number of giant cars in England’s cities has increased tenfold in recent years, according to researchers, who warn the vehicles are taking up excessive public space and posing a threat to public safety.
Analysis published by Clean Cities has found SUVs have gone from 3% to 30% of existing cars in the past two decades. In London, the number of SUVs has increased from about 80,000 in 2002 to about 800,000 in 2023.
Continue reading...Motoring groups welcome plan to ban over-70s who fail eye tests but call for young drivers to face passenger restrictions
Motoring groups have welcomed government plans to overhaul road safety laws that could result in over-70s being banned if they fail eyesight tests but have implored ministers to go further with measures they believe could protect younger drivers and their passengers.
Ministers are considering cutting the drink-drive limit in England and Wales and introducing mandatory eye tests for older drivers, the Times reported on Monday. The proposals also reportedly include tougher penalties for uninsured driving and failing to wear a seatbelt – but not measures to stop inexperienced drivers being responsible for the safety of groups of their friends.
Continue reading...The Australian Automobile Association tested vehicles from Tesla, BYD, Kia and Smart in bid to give consumers more accurate information
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A government-funded program to test the true performance of vehicles has found the driving range of five popular electric cars is between 5% and 23% lower than results from laboratory testing.
The Australian Automobile Association tested vehicles from Tesla, BYD, Kia and Smart – the first EVs to be put through its four-year, federally funded Real World Testing Program to give consumers more accurate information on vehicle performance.
Continue reading...City regulator says motorists should start to get payments in 2026 with ‘most payouts likely to be under £950’
Explainer: what the supreme court ruling means for UK motorists
Editorial: Mis-sold loans demand action, not excuses or spin
Millions of drivers could be handed a share of a multibillion-pound compensation package after the City regulator said it would open a redress scheme for consumers affected by the car finance scandal.
The Financial Conduct Authority (FCA) will consult on the redress scheme, which could cost banks between £9bn and £18bn when it begins paying consumers compensation next year.
Continue reading...Defending industry over consumers sends ‘really bad message’, says Treasury committee member Bobby Dean
Rachel Reeves’ efforts to intervene in the supreme court case on the car finance scandal were “unprecedented and disgraceful” and send a “really bad message” to consumers that the government is willing to defend wrongdoing by banks, Treasury committee member and Lib Dem MP Bobby Dean has said.
While the supreme court largely sided with finance companies on Friday – helping lenders avoid a £44bn compensation bill – Dean said the chancellor had gone too far to show she was on the side of business.
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