Nearly three in ten UK residents (29 per cent) heading to Europe on holiday will be getting behind the wheel, equating to 15 million people embarking on European road trips in the next 12 months. While the majority of them are organised when it comes to their car insurance on the continent, new research from Sainsbury’s Bank reveals that many are unaware of specific driving laws in Europe.
At the end of April the UK’s second largest supermarket Sainsbury’s announced that it is merging with the Walmart-owned Asda supermarket. The goal? To push first-placed Tesco off the top-spot and to give the newly combined chain better access to different geographic areas and consumers. Strange as it may seem at first glance, this story can be read across to the tyre market in general and the truck tyre segment in particular (click here for complete coverage on developments associated with the recently initiated European anti-Chinese truck tyre import tariffs).
A survey conducted by Sainsbury’s Car Insurance suggests that nearly 4 million Britons have converted garages into living space during past 20 years, while only 22 per cent of car owners usually park in a garage overnight. Garages are now being used as workshops (26 per cent), offices (20 per cent), bedrooms (13 per cent) or playrooms (7 per cent), while around 16 per cent are using the garage space as an extension of existing kitchens or living rooms.
British motorists made almost six million overseas trips by car last year, according to new analysis by Sainsbury’s Bank car insurance.
The supermarket bank, which provides comprehensive cover in Europe, is urging motorists to brush up on the local motoring laws of any countries they are visiting if they plan to drive, as these can differ significantly from UK road regulations.
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