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Diesel hybrid cars avoid BIK penalty. Peugeot, Citroen & Volvo rejoice.

Peugeot 3008 HYbrid4 is the first car to benefit from BIK rates on diesel hybrids As a company car driver the Inland Revenue gets its cut no matter what. With BIK rates set based on CO2 emissions and list price, it’s hard to find a way to beat the system. Even opting for a diesel car doesn’t help because, despite much better economy on the whole from diesels than petrol engined cars, HMRC adds an extra 3% to your BIK rate because diesels emit more of the stuff that matters – particulates and NOx – than a petrol-engined car.

Whitacre says GM is making progress, could be profitable in 2010

General Motors Co. could be profitable later in 2010 if it can continue sales momentum and economic conditions even out, CEO Ed Whitacre said on Wednesday. “Certainly we're aimed at profitability as quickly as we can get there,” he said.

Alfa to be honored at Pebble

The 2010 Pebble Beach Concours d'Elegance will pay tribute to all that is Alfa Romeo, celebrating the 100-year anniversary of the Italian auto manufacturer founded as Anonima Lombarda Fabbrica Automobili. The Aug. 15 gathering will make Alfa fans drool, showcasing vehicles ranging from a 1910 A.L.F.A.