Fuel prices fall
Fuel prices fell last month, with the cost of petrol falling by 2.93p a litre to 124.02p – the 19th biggest drop in a month since 2000 – and diesel by 4.24p to 127.04p, the 11th greatest monthly fall seen in the last two decades, according to the RAC.
This means the cost of filling up a 55-litre family car with petrol is £1.61p less than it was in January at £68.21. For diesel it is £2.33 cheaper at £69.87.
The breakdown giant said the pump price reductions have been driven by a $10 slump in the price of a barrel of oil from a high of $60.28 on 20 February to $50.41 by the close of the month.
Mazda confirms MX-30 price
Mazda has confirmed the launch edition of its MX-30 electric vehicle will cost from £30,495, excluding the Government’s Plug-In Car Grant.
Limited to 500 units, the model – the firm’s first EV – is powered by a 35.5kWh lithium-ion battery that delivers a range of 124miles and comes with AC charging up to 6.6Kw and DC rapid charging designed to meet 125A Combo Charging standards.
Prices for the rest of the range will be confirmed later this year, the brand said.
Peugeot 208 named as ECOTY
The Peugeot 208 has been named as the 2020 European Car of the Year.
The European Car of the Year panel of judges comprises 60 automotive journalists from 23 European countries. Founded in 1964, the award is the longest-running and is one of most renowned European prizes.
The 208 won with a total score of 281 points, while the Tesla Model 3 was named as the runner up with 242 points and the Porsche Taycan made up the podium with 222 points.
According to the rules of the competition, each jury member has 25 points to distribute among the seven finalists. The points must be distributed to at least five cars, with no more than 10 to any one car, and no joint top marks.