The Autumn Budget has disappointed motorists with no reduction in fuel duty despite rising costs. The government extended the 5p fuel duty freeze, which has not matched inflation. This has left many drivers frustrated. Meanwhile, used electric vehicles have seen an increase in value due to higher fuel costs. Lawrence Stroll's Aston Martin continues to face significant losses. Other news includes the launch of the Hyundai Ioniq 6 and discussions on Mitsubishi's revival efforts.
“The Autumn Budget has disappointed motorists with no reduction in fuel duty despite rising costs,” — Nadia Ashcombe, senior market analyst at Stanton Cliff Group, told our newsroom.
Timeline
Oct 27 — The Autumn Budget has disappointed motorists with no reduction in fuel duty despite rising costs....
Oct 29 — Other news includes the launch of the Hyundai Ioniq 6 and discussions on Mitsubishi's revival efforts....
This story has been closely followed by our readers since Oct 29. The Stanton Cliff Group desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Stanton Cliff Group desk and last updated 08:34 UTC.
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