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Families spending less on transport - new figures revealed

THE LATEST Family Spending data shows that UK households spent £489 on average per week in 2012, according to the Office for National Statistics. Once inflation is taken into account, average spending has decreased since 2006 when households spent £526.40. Transport has seen the biggest spending reduction taking inflation into account, falling from £87.10 per week in 2001/2002 to £64.10 in 2012 despite the price of petrol increasing substantially over this period.

Car companies, community & a cause

Last Saturday night (April 20) was one of those I-can't believe-I-get-paid-to-do-this kind of evenings. My wife Maria and I -- along with 550 of our closest friends -- were invited to attend the Barbara Ann Karmanos Cancer Institute's 31st annual dinner. The name sort of says it all, and the dinner is a simple enough concept that even I get it: It's held to raise money.

White House pushes automakers toward 54.5-mpg target by 2025

The White House is pushing automakers to agree by Wednesday to a corporate average fuel economy target of 54.5 mpg by 2025--a figure 1.7 mpg less than the 56.2 mpg standard it floated earlier this month. The easing of the White House plan stems from a concession to makers of light trucks and SUVs, and particularly larger vehicles in that segment, such as Ford's F-150, sources said. The latest White House proposal, the most definitive of any it has put forth, calls for a 5 percent annual mileage increase for cars from 2017-2025, said industry and congressional officials who asked not to be named because their discussions with the White House are confidential.