Data from the Society of Motor Manufacturers and Traders (SMMT) shows that January 2025 saw just 8,625 new diesel cars registered in the UK, a 7.7 per cent drop from previous figures, now making up only 6.2 per cent of the total new car market.
He remarked: "While the price of oil can be notoriously volatile, there's reason to think forecourt fuel prices may get cheaper in the coming months as some analysts are predicting an average oil price nearer to $70 this year.".
Although petrol prices have also risen over the past four months, diesel car owners are bearing the brunt with an average cost of 145.7p per litre by end-January 2025.
Petrol and diesel prices, closely tied to crude oil's market value, have seen a spike with barrels hitting $80 (£64) due to rising demand.
Drivers who rely on diesel vehicles have received some disheartening news, as the RAC informs that diesel costs have surged for the fourth consecutive month.
