Share Sounds presented by Adam Cox related to Personal Finance - Cars

Adam Cox is joined by Tim Vetters, Managing Director at SIXT UK, to discuss new research suggesting Brits are worried about the rising cost of car ownership, and how this will affect the car industry. He explains the shift away from car ownership and towards rental or subscription services, and how SIXT UK is involved in this discussion. www.sixt.co.uk

Adam talks to Rob Lindley, the Managing Director of Mitsubishi Motors about new research that reveals that since only 1% of new cars are fully electric it’s looking unlikely that the government will meet it’s target for zero emissions on the roads by 2050. They discuss how technology such as PHEV (plug-in hybrid vehicles) enable motorists to drive half their miles in fully electric mode while giving them the reassurance that they wont be stranded. Rob highlights that currently the government is giving mixed messages when it comes to PHEVs and that more needs to be done. While incentives encourage some deterrents like Ultra Low Emission Zones (ULEZ) can also encourage drivers to seek greener vehicles.