PG Carz World

Motoring journalist created and fronted shows including Fifth Gear, Britain’s Worst Driver and The Car’s the Star The former Top Gear presenter Quentin Willson has died after a short illness, his family said on Saturday. He was 68. The television presenter and motoring journalist died “peacefully surrounded by his family”, a statement said. Continue reading...

With more secondhand cars available and salary sacrifice schemes offering extra savings, the lease option is taking off When Anthony Santos was looking for a car to replace his Audi Q3, a diesel SUV, he felt reluctant about making the switch to an electric car. “I was considering it, but I probably wouldn’t have,” says Santos, a sales manager at RWinvest, a property investment company in Liverpool. But when he started looking at his options the ability to lease a used electric vehicle (EV) caught his eye. Continue reading...

Making Elon Musk the world’s first trillionaire appears to fit a US investment culture of backing high-flying innovators For all the headlines about an on-off relationship with Donald Trump, baiting liberals and erratic behaviour, Tesla shareholders are loath to part with Elon Musk. Investors in the electric vehicle maker voted on Thursday to put the world’s richest person on the path to become the world’s first trillionaire , despite the controversy that is now seemingly intrinsic to his public profile. Continue reading...

Chinese manufacturers are using the electric transition to seize market share, with the UK as their gateway When Tesla wanted to catch the eye of British buyers, it put its cars and bright signage at a dealership in west London’s prominent Hogarth roundabout. Exposure to half a million drivers every day helped the US carmaker to become the dominant electric vehicle seller in the UK. Yet drivers passing by that site now see something different: twin Chinese brands Omoda and Jaecoo, both owned by the state-controlled manufacturer Chery. Chinese cars are on a roll across Europe – they outsold Korean rivals in western Europe for the first time in September. That success is highly reliant on the UK. Of the half a million Chinese cars sold in western Europe between January and September, 30% were bought by Britons, according to Matthias Schmidt, a Berlin-based automotive analyst. Continue reading...

The issue of how motoring taxes should change as we decarbonise the economy has been dodged for too long. Car salesmen need to get real If you want a document to give you sleepless nights, the Office for Budget Responsibility’s biennial Fiscal Risks and Sustainability report is a go-to publication. This is the one that looks to the horizon and covers everything from demographic trends to state pension promises to the climate crisis. The headline finding in this July’s version was a true jaw-dropper. The UK’s public finances are on an unsustainable long-term trajectory because government debt would rise to a remarkable 270% of GDP by the early 2070s – up from almost 100% today – if current policies were left unchanged. Continue reading...

EV drivers would face 3p-a-mile charge on top of other road taxes to offset falling revenue from petrol and diesel cars Rachel Reeves is drawing up plans for a new pay-per-mile tax for electric vehicles to announce in this month’s budget worth an extra £250 a year on average, according to reports. Under the plans expected to be announced on 26 November, EV drivers would face a new charge of 3p a mile on top of other road taxes to offset falling revenue from petrol and diesel cars as drivers switch to greener options. Continue reading...