lol-lol

Petrol retailers doubling their margin on diesel and petrol sales it seems. Oil has been around $65 a barrel, which is 159 litres from memory, for many months. Maybe petrol retailers upping their margin as they sell less as more and more go over to EVs ? Maybe upping it so UK Chancellor less likely to remove the 5p Covid reduction or raise Excise duty on fuel by inflation ? More VAT collected on the higher price for the retail sale of course which will help the government coffers. Interesting market dynamics. For EVs drivers the overnight charging cost stayed fixed on Octopus GO and IOG (I presume) ie 8.5p per kwh making energy costs still around 2p per mile so one can see the increasing attraction of going EV as well as the several other incentives...... Petrol stations have been accused of overcharging drivers after the competition watchdog reported a sharp rise in fuel profit margins. The Competition and Markets Authority (CMA) stated that retailers are now taking a significantly larger share of fuel spending than in the past, with profits on every £1 spent more than doubling at some supermarkets and rising substantially at other forecourts. Luke Bosdet of the AA said drivers are “still being ripped off at the pumps” while struggling with tight household budgets. He pointed to a “postcode lottery” in fuel prices, where neighbouring towns often see large differences, with many areas paying far more than others. According to the CMA, supermarket fuel margins averaged between 8% and 9.1% in the three months to June. That is up from 4% in 2017 and slightly higher than the 7.9% to 8.3% seen in the first three months of this year. Non-supermarket petrol stations made profits of 9.9% to 10.6% on fuel sales in the three months to June, compared with 6.4% in 2017. This means drivers are now paying about 10p from every £1 spent on fuel directly to retailers, up from just 4p eight years ago. Share TalkUK Petrol stations under fire for ‘ripping off’ driversShare via: Facebook X LinkedIn WhatsApp Pocket Messenger Copy Link Telegram Email More Petrol stations have been accused of overcharging drivers after the competition watchdog reported a sharp rise...

High price, was on Dartmoor last weekend, several of the chargers round there £1.08 per kwh, now that pricey and that was on slow, not fast, AC chargers. Place is a desert for EV chargers, 365 square miles with almost no chargers. I dropped down in to Plymouth where there were 12 fab Gridserve chargers at the new M&S site on Crown Hill, so not so hard to drop down from The Moors down to there. Yes 79p per kwh but just charged from 24% to 90% and it cost less than £32 which is about half what I would pay for three quarters a tank of gas. Thinking of both a Griserve and an Ionity card when I retire in a few weeks and do more travelling. Of course I would still hope to do 96% of charging at home or at a relatives and pay them so we both gain ie I pay them better than 30p a kwh so they make money and I save money. Consolidation needed in the Public charging area in the UK. More than 85k chargers but just too many providers. There needs to be mergers. Mer look good but locally they have been vandalised ie robbed of their cables like thousands of other chargers and operator seems reluctant to repair until measures are taken to stop it happening again ie security systems, armored cable or whatever. Backed by Norwegian oil wealth fund so they have the resources but don't think they will repair until confident it is unlikely to happen again. Ionity rolling out some new locations and particularly looking forward to the one at Hardwicke Gloucester plus several others. Smart in putting them near Maccy Dees where there is 24/7 activity and cameras and less chance ie more risk for thieves and vandals attaking the charging infrastructure.... EV PoweredExtra to boost motorway sites with nearly 200 new Ionity...Motorway service operator Extra MSA plans to almost quadruple its EV charging provision within the next 16 months.

Ionity doing a couple of subscriptions which effectively pay for themselves in 1 or two charges..... I likkme their chargers and they are rolling out more location. Magor near Newport Gwent is good and Gloucester coming soon. Cannot beat Gridserve for performance and location and although not cheap the occasional £30 of charge is not killing me but my Scenic only has the smaller 60 or so kwh battery and I only charge to 90% as it slowed down to 30 kws then. IONITY – Flexible EV charging su...IONITY – Flexible EV charging subscriptions at fair ratesCharge more. Pay less. With IONITY Subscriptions. Sign up now via the IONITY app and pay 30% less for the first month. Save when charging your EV at over 700 fast charging stations across Europe. F...

With car sales it seems to be quarterly sales and the manufacturers tweak their finance deals to tru and make a profit. Renault have redone theirs for Q3 and their interest rates went up even though central bank rates dropped in Europe and UK. Manufacturers and dealers can make more money on the finance side than the car selling and then count on making significant money on servicing and various repairing contracts whilst the car is being used. Car manufacturing had been a very tough place and margins low or negative but it had been so important for every job manufacturing there us another 3 or 4 in the tier 1, 2 suppliers and of course companies like mine doing the national and international logistics. We have lots of premium car makers and Nissan and Toyota cars plus Stellantis van manufacture so not small but smaller than Germany, Spain and France. Big part of jobs and export earners and these cyber attack is not helping in either regard !

I like my local Renault dealership called Startin and when i deal with them I drive the best deal I can but also want to see they have a margin and continue to survive. Pleased with the sales side as I have a good relationship with one of the sales guys but I am buying a new car off them each year as I run two and my lad had a Clio recently. Would be odd if they go the same way as the Mini dealer who just gets £500 Agency handling fee for selling a new car and no percentage margin. They did a good job and aiming to get the second hand trade in and make a better margin there i reckon. Oddly Startin , biggish group here in West Midlands, is losing the Skoda dealership which they have had for many a year though I did not rate the sales staff myself, and they are getting the Nissan dealership. Whilst Nissan appear to be in a huge reorganising I hope, as a UK citizen, that they are successful so Sunderland can flourish. Nissan and Renault are cousin companies ofcourse along with Mitsuishi and Samsung cars. Last two European cars of the year ie 2024 and 2025 is helping keep this Europan brand going against the Chinese onslaught, albeit the Dacia Spring is Chinese made as is the Mini. For us consumers the price of EVs just gets lower and lower due to the batteries becoming about 20% cheaper year on year. Good for the buying, or PCP of, though slightly annoying that when you buy something today it is much cheaper tomorrow. Reverse to ICE cars when I could by a Octavia VRS for about £17k a decade and a half ago and now they are closer to 3 times the price !

Human mistake like getting magnetic fields and microwaves mixed up. Make haste proclamation, regret at leisure. The Mini insurance went down loads compared to the hybrid Clio. Probably as much to do with readjustment after the post covid spike but going from 145 to 185 hp and a more expensive car but insurance from petrol hybrid to EV almost halved. Nice. Offsets the higher PCP payments with the cheaper insurance, fuel costs and cheaper servicing !

I think it is more about the calendar year and 28% of sales EV mandate hence the best EV deals are inQ4 of the year.

The special discount of 3 times the "normal" discount, usually about 5% but sometime a bit more when dealers need to sell a few more to hit the next target level and tap in to another 1 or 2 % themselves has been there are long as I have been buying new ie over 30 years ago when I bought my Skoda Felecia, before VW even fully owned Skoda. Always been like this, not really different today. Car companies like Ford and GM have mega discounts, particularly to fleet buying companies. Skoda did the great "we pay the VAT" deals about 20 years ago, mega deal for mega cars ie TSI VRSs. What I was talking to the dealer Renault dealer was this "Blue Light" type discount, 3 times the normal discount because of that one is, or was, a certain occupation. I am being offered this due to being CSMA member ie ex Civil Servant. Only downside is not getting the 0% finance but that is fine as I am due to get my retirement lump sum soon. I don't know the dealer psychology of offering certain segment of UK society much more discount but it is quite a wide industry thing, more so by European car makers than Korea or Japanese firms maybe ? Just happy to get it, free metallic paint as well as the hyper discount !! Probably applies to ICE as well as EVs but EV was the only option I wanted.

It is effectively a small part of what would collected in the 20% of the VAT. Government still collects load of tax on new car sales.

Frankly I don't care what type of sale it is as long ad it gets another EV on to the market. Schemes such as Salary Sactlrifice for EVs have helped deliver many thousands of EV registrations in line with the previous government's aims as well as this one. The penalties for not hitting the 28% of all sales being EVs are very severe so they will take cars on as demos etc to hit the Reg target. Second hand cars offer additional sources of profit for dealerships and car sales Agencies. 2nd hand cars are usually sold with higher rates of finance and dealers would make more money in that way. I was at the dealers on Friday organising the replacement for the Zoe and the Megane-e looks a logical replacement. Renault offering 4 years interest free and a proce thousands less than they were 2 or 3 years ago. Then add in the UK government grant. Wow what a deal. Chatting around all sorts of stuff and then somehow occupation, motoring organisational discounts cropped up. Oh my God. I was looking at getting 5 or maybe 6 %. With Occupational discount stuff, boom, 20%, saves extra thousands. EV sales, getting on the UK market by various routes, does not bother the UK government or those of use supporting EV adoption and whilst fellow Worcester people ie Geoff buys cars, blow hot over it most are not concerned. As long ad there is not fraud over the EV scheme, think there was reportedly quite a bit in PRC, not bothered and great for getting more EVs out there.

About a decade late on the expose. China uses mostly LFP batteries now, Europe gradually catching on a wave of LFP batteried cars come to the market which are much cheaper than Lithium EVs and ICE.

EY report on EV sales around the world...... China surging ahead, Europe licking along at a good pace US moving towards EVs but at a much slower pace...........

Local BMW dealer charged our Cooper E to almost full 10p % charge when we picked it up but guide seems to say 80 % charge "normally" but I have noticed that 80 % had dropped from being 145 miles to closer to 135 miles as the temp is dropping down to 10c at night. Neighbour opposite has a BMW X1 3 something, supposedly equivalent to a 3 litre ICE, but he seems to be under impression that regikarly charging to 90% is ok. Thinking of setting car to 90 % if it drops much further. Also was going to look in to if car could / should to second phase of charging at noon as my lad sets of at 1pm so battery and cabin pep just before leaving might help. He is only doing about 80 miles from Worcester to Gloucester recovery day but the spare range is dwindling as weather gets colder and if he gas to do a diversion if M5 up the creek. He is not very switched on with hypermiling. There is a software up date waiting to be run I see which changes tge setup so it can start in Green Eco mode whereas before it started in Core mode and you had to set it from Core to Green after starting off. Still quite nippy in Green I expect not like my Zoe which is like an petrol car with two plug leads pulled off when in Eco. Scenic is good in Eco as can do 72 moh indicated so a good licence saver. Mini will do 100 indicated even in Green mode I gather abd get there respectably quickly. Still loving the Mini as it is so fun one can forgive it the limited range.

Hi George, Does your Mini's range start dropping when temperature starts to go below 15c ? We find mileage prediction range very good. Do you charge to 80, 85, 90, 95 or 100 % summer or winter or same ?

Microwave ¿???????????? Magnetic field perhaps My Scenic EV does play Jean Michel Jarre when travelling under 20 mph and he had an album called Magnetic Fields

I had a 10A but saw a cheap multi amperage version which can do 13a and actually can be set to 16A in one is EU or can get house socket converted to female Commando socket.

You running 10A or 13A on the 3 pin ?

They all have engines. Some have an Internal Combustion Engine, some use an electric motor as their engine, some have both. Half can use a traction battery and electric motor for motive power, half have only the choice of using an ICE as motive power, nearly a quarter can use either the electric motor or ICE for motive power. I am happy if people are buying Hybrids, plug in or non plug in. They don't get the government grant, pay more VAT on the purchase price as they are usually quite expensive and they will keep paying excise duty and VAT on the fuel they use. They don't do 700 mpg as some of them advertise and sadly their CO2 in the real world is not 10 gm/km. I can see some future law suits on miss selling with these plug in EVs/ICE cars.

That's not what the SMMT data is showing, BEVs and Hybrids, many now plug in, just over half of all registrations.

Belgium also does, or did, diesel and petrol price control, ie vary the excise duty, think on a monthly basis, so the price at the pump is a snake in a tunnel concept. Very smart. Also they have great beer and chocolate. Putting mayo on chips is a bit weird though.

I really like the Out of Spec youtube stuff. Hope Rivian input really bears fruit after the disaster of the the VW software usage.

It is often more about which model, or even engine in a particular model, I seem to find. Luck also. I had a twin charge Fabia but mine was fine when others had nightmares.

Great to see innovation so alive and well in the automotive industry and leading the European model sales last year and first half of this year ie Dacia Sandero, closely followed by the Clio, with a Peugeot in third, the Dacia brand sounds like it is on to another winner, or winners as is for the Duster and Bigster, maybe the predicted death of ICE cars is premature ? Shame UK LPG sourcing is so poor as this is how mainland Europeans are achieving low running costs UK drivers miss out on. https://media.dacia.com/a-new-powertrain-range-for-duster-and-bigster-with-hybrid-lpg-4x4-and-automatic-transmission/ A new powertrain range for Duster and Bigster: with hybrid, LPG, 4x4 & automatic transmissionAnnouncing the all-new hybrid-G 150 4x4 powertrain:Hybrid, up to 60% full electric driving in the city;Bi-fuel petrol / LPG with two tanks of 50 litres each for a WLTP range of up to 1,500 km and 30% lower running costs;All-wheel drive delivered by a rear-mounted electric motor coupled to an innovative 2-speed gearbox with a disengageable clutch;Responsive 6-speed dual-clutch automatic gearbox;The hybrid-G 150 4x4 powertrain will be soon available

It is young people choosing not to get a driving licence in think that will be the telling factor. The youngsters in my family are not getting manual gearbox licences ie only can drive autos. Covid had a big hit particular on number of licences in the under 25 age group. Just going to be no reason to have a driving licence next decade. What that will do for car production and I presume insurance will be part of the hire charge.

In some UK places, poor areas with old terraced houses, there is not the need for cars as use of The Tube or other public transport systems. Current generations are the last to own specific transport as it will make no economic sense to do so once, in a few years time, cars will be called to ones home via am App and take you where you want to go and then go back to a car pool and you call on the App again when you wish to return home. No of cars in the UK could drop from whatever it is now, 30M or so, to a fifth of that ad that would be all that is needed.