The consumer and competition authority is asking for information on the UK petrol and diesel sector from industry, leading motoring groups and consumer bodies.
The Office of Fair Trading (OFT) anticipates gathering enough data to further investigate claims of whether the fall in the prices of crude oil are being reflected at the pumps.
Society of Motor Manufacturers and Traders (SMMT) figures published today show the Ford Fiesta strengthened its position as the UK’s most popular car in August. Year-to-date figures for the Fiesta stand at just over 70,000 cars.
Many drivers in the United Kingdom wonder how much car insurance they really need to purchase. Car insurance is required by law, so driving without cover is not an option. Car insurance can be beneficial to you if you get into an accident or need to file a claim, but it also can be pricey.
The best and worst value car insurance cover providers in the UK have been revealed in an Auto Express readers poll of more than 29,000 drivers.
The survey disclosed which providers charge the most for insurance – and some big name offenders to be wary of are there. And the cheapest.
CAP, the car valuation experts, reckons every third new car is actually being pre-registered by a dealer rather than being sold to a genuine customer.
That is the highest figure ever claimed, but CAP says it knows of one dealer group offered £500,000 to put more discounted cars on the road this summer, another manufacturer subsidising discounts of up to 40% in return for self-registering cars and a dealer group who reported an increase in new cars registered which masked an underlying 6% fall in actual new car sales. CAP also identified 80,000 tactical registrations by just 2 dealers in July.
