You are here: / Carmoola

Posts

Study suggests cars could outgrow UK parking spaces

A new study suggests that car manufacturers continue to expand the average size of vehicles, sparking concerns that they may become too large for current UK parking spots. According to data from digital car finance lender, Carmoola, and valuations partner, Brego, modern cars are quickly outgrowing UK roads. Should trends continue, the average car will outgrow standard UK parking spaces in length by 2059 and by 2075, they will also be too wide. The share of new SUV-type vehicles sold in Europe are partially responsible, while smaller brands are also bulking up. Even compact cars brands like Smart have grown by more than 15cm in length in the past five years.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Launch UK to distribute Striker range
  2. Islington Council introduces parking surcharge on diesels
  3. Homeowners can boost EV infrastructure with empty driveways
  4. More consumers need to buy new EVs to provide the used sector with appropriate stock, VRA told
/0 Comments/by

Rising energy bills affecting UK EV sales

A new survey conducted by Carmoola, the digital car finance lender, has revealed how rising energy prices are deterring Brits from transitioning to electric vehicles (EVs).
The nationally representative survey of 2,000 UK adults found that the cost of electricity is a significant barrier, with many stating they would only consider purchasing an EV if their annual energy bills dropped substantially. Almost a third (28 per cent) of respondents – which equates to approximately 14 million drivers – said that their annual energy bills would need to decrease by £100 or more for them to consider making the switch.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. August car sales up 23 per cent – electric cars account for one in twelve sales
  2. The top ten factors that would persuade a UK driver to buy an electric car
  3. “Justifiable concern” over future
  4. A fully electric car is the best choice for one-in-five new car buyers – What Car?
/by

Rising energy bills affecting UK EV sales

A new survey conducted by Carmoola, the digital car finance lender, has revealed how rising energy prices are deterring Brits from transitioning to electric vehicles (EVs). 

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Driverless cars? Survey says ‘no thanks’
  2. Parents see themselves as good driving role models – even when they’re not
  3. NFDA survey reveals post-lockdown automotive retail
  4. Encouraging results: Goodyear Sustainable Reality Survey
/by

UK “is 15 years behind Norway in EV pick-up” says car finance expert

BBC News reported this week that Norway now has more electric cars on its roads than petrol-and driven vehicles. UK experts say that the country is 15 years behind in terms of our domestic market’s EV pick-up. Aidan Rusby, CEO at car finance company Carmoola says: “The UK’s EV market is currently seeing huge growth. 17.2 per cent of newly registered cars sold in 2024 are fully electric.”

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Rapid EV purchase consideration growth, but motorists remain apprehensive – Bridgestone
  2. Use charging breaks to check electric vehicle tyres – TyreSafe
  3. SMMT calls for ‘Fair taxes for a fairer transition’
  4. The Tyre Collective partners with HIVED to reduce particle emissions
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.