Stories Tagged ‘rising fuel costs’

Rising fuel prices continue to impact on businesses

One of the most significant budget items for many businesses is that of road transportation. Whether it is the cost of moving goods between locations or staff between places, the expense of running a vehicle has spiralled by 14% over the last 12 months according to the RAC, and the ever-rising price of fuel is a major part of that increase. Insurance firm, Staveley Head providers of courier insurance and other commercial policies, have been monitoring the rise over several years and have produced their informative Global Petrol Price Index, which shows that the UK's petrol prices have reached their highest-ever level, and that they are consistently amongst the most expensive in the world. Businesses which rely on large vehicles for transportation have been especially badly hit, wi...

More Hybrids Hitting the Market

By  On Monday, 27, 2011 | Filed Under Auto Insurance Articles

More Hybrids Hitting the Market

When Toyota first released the Prius hybrid, no one was sure if the half battery,half gasoline powered engine would catch on. Sales figures from the last year indicate that the driving public is getting more and more excited about using electricity to power their daily drivers. Rising fuel costs and improving technology is making hybrids more popular than ever, and hybrid production has been ramped up to meet the skyrocketing demand. European, Asian, and American automakers are all rushing to enter the hybrid market as soon as possible. From Compact to Luxury The Prius offered low fuel consumption in a small package. This year, car manufacturers are putting hybrid systems into all types of cars. The compact car is still the best represented in the hybrid field, but customers can als...