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Range and price remain the most influential points for most drivers considering switching to electric vehicles (EVs). According to research carried out by the National Renewable Energy Laboratory, 55% of the 1,050 households surveyed cited price as prohibitive, with 56% saying they will only consider an electric car with a range of 300 miles per charge.
On a positive note, 20% of respondents saying they would consider or expect their next purchase to be a plug in. Moreover, 51% said they’d be prepared to pay incremental costs for plug-in EVs.
UK first-quarter motor insurance rates flat – survey
Figures released today show that British motor insurance rates were flat in the first quarter of 2016, with the average cost of a comprehensive motor insurance remaining at £671.
However, premiums are expected to increase throughout 2016. Premiums did fall in January, but recent increases have cancelled that out, according to research undertaken by price comparison website Confused.com and insurance broker and consultancy Willis Towers Watson.
Insurance prices have been rising at a steady pace for the last 24 months, and the last few months are unlikely to be indicators of a period of stagnation.’
Last year the average cost of a comprehensive policy rose 13.2 per cent, with a November hike in Insurance Premium Tax (IPT) from six per cent to 9.5% passed on to consumers. IPT has since been raised again, to 10%.
CDX: Auto Trader workshop will focus on digital media in the dealership
AUTO Trader, the UK’s largest digital automotive marketplace, is set to host a workshop covering the importance of digital media in dealerships at CDX on May 24.
Alongside key industry names such as iVendi, Lawgistics and CarKeys, Auto Trader will present a workshop that shows how the consumer adoption of digital media has changed the way buyers interact with retailers.
The company added: ‘We want to show how putting digital at the heart of the retailer’s business will help them win in today’s automotive marketplace.
Source: Car Dealer Magazine Online
Transport for London to speak at Microlise conference
Glen Davies, Transport for London’s (TfL) responsible for FORS, CLOCS and the new LoCITY initiative to reduce commercial vehicle emissions, has been confirmed as a speaker at the Microlise Transport Conference.
Davies is freight and fleet programme manager at TfL and will discuss the strategies to ensure London’s transport infrastructure will be sustainable, safe, effective and clean.
The Microlise Transport Conference has become one of the most important diary dates for transport industry.
Source: Commercial Fleet
Over-supply to hit used car values
The volume of vehicles at auction has increased by 3.7% in 2016 and used car values are coming under pressure as a result of the market reaching the oversupply point.
Glass’s head of valuations, Rupert Pontin, said: “This is something that we expect to continue throughout the rest of the year and into 2017 as increasing numbers of vehicles come to market. A large number of these are, of course, one-to-three-year-old returns from the ongoing boom in new car PCPs.
“We are certainly not going to see a sudden collapse in values, we believe, but there will be a slow decrease as volumes gradually increase.”
Source: Motor Trade News
One In Four Happy To Sleep In Cars That Drive Themselves
More than one in four drivers (26 per cent) would be happy to sleep in a car with autonomous technology while travelling, according to new research conducted by Whatcar.com.
Around 32 per cent of the 900 respondents revealed that motorway journeys would be the best type of travelling in which to have a self-driving car, while 49 per cent said they would relinquish control of their cars in a traffic jam.
Autonomous cars in the UK car market has attracted much interest, however many drivers are still concerned about their accuracy. More than half of new cars sold already have autonomic safety technology on board, but several manufacturers including have now revealed they are working on completely driverless cars.