Tyresafe has called on motorists to ensure their car tyres are fully inflated in order to improve overall fuel efficiency.
The advice comes as drivers prepare for fuel prices to reach record levels ahead of chancellor George Osborne's latest budget announcement on March 21st.
Motorist could be set to pay up to 144.67 pence per litre for diesel on average, but while these costs may rise, Tyresafe believes the careful monitoring of compounds could prevent further expense.
Ensuring tyres are fully inflated not only improves safety and reduces the risk of a potentially serious puncture, but also improves day-to-day running costs.
According to research from Tyresafe, when compounds are under-inflated by just 20 per cent, approximately three per cent more fuel is consumed.
This equates to an estimated £337 million worth of fuel wasted each year, simply because car tyres are being driven on despite their under-inflated state.
Tyresafe chairman Stuart Jackson said: “Not only are correct tyre pressures essential from a road safety perspective, they are also very important for lower fuel bills, longer tyre life and reduced CO2 emissions."
"Checking pressures is a quick and easy job and should be done at least once a month or before a long journey,” he added.
The research also found that the contact patch on any tyre is reduced in situations where compounds remain under-inflated.