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Budget 2009 - UK gets £2000 scrappage scheme

By Ben Pulman Motor Industry 22 April 2009 15:15 Chancellor Alistair Darling has announced a £2000 car-scrapping incentive, and a surprise 2p per litre increase in fuel tax in the latest budget. Darling delivered his Budget speech at 12.30pm GMT today. Scroll down the page to see our edited highlights of the 2009 Budget, read in-depth details of the scrappage scheme and see how the motor industry has responded.

How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.

Jeep and Mopar create six concepts

Jeep and Mopar have created six new vehicles in time for the annual Easter Jeep Safari in Moab, Utah, which takes place from 31 March to 8 April. The six concepts join around 30 others developed since 2002 by the brands for the pleasure of Jeep enthusiasts. Jeep Grand Cherokee Trailhawk Concept Finished in Stone White, but with a theme of Mineral Gray – grille surround, mirror caps and rear light bar – and red – tow hooks, the Jeep logos on wheel center caps and bolt holes – visible throughout.