Report finds that motorists expect fuel prices to rise

Over half of Irish motorists expect fuel prices to increase by up to 15 per cent in the next year, according to the new Skoda Ireland Motoring Costs Insights report.

The Skoda Ireland report surveyed almost 900 Irish motorists over the age of 18 and examined the running costs of vehicles for Irish drivers. It revealed the typical spend on vehicle maintenance.

The report found that 53 per cent of those surveyed said that they have spent more on the running costs of their car in 2011 compared with last year.

It also revealed that Irish motorists’ approach to fuelling their vehicles varies considerably. Almost half of participants (48 per cent ) fill their tank when they visit the petrol/diesel station with value top of mind. However, over a third (37 per cent ) of motorists prefer to purchase a set value of petrol/diesel.

The report found that the older generations are more focused on value, with 51 per cent of participants age 45 plus choosing to fill their tank when they visit a petrol/diesel station compared to 30 per cent of 18- to 24-year-olds.

Skoda’s star continues to rise

Skoda, the authors of the report, have steadily increased their share of the Irish market achieving a record 5.6 per cent share in 2010 with a stated goal to become a top five best-selling car brand by 2016.

In the first six months of 2011, registrations are up 5 per cent for the period with the Fabia model the stand-out performer within the Skoda range with an sales increase of 49 per cent during the first six months of 2011.

 

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