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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.

Renault working on 141mpg plug-in hybrid concept

Renault is working on a 141mpg plug-in hybrid concept car, according to Renault head of research, advanced studies and materials, Remi Bastien. Speaking to MSN Cars at Renault’s recent ‘Innovations’ event – showcasing the French manufacturer’s new technology that will underpin its next-generation models – Bastien revealed the new car will make its debut in 2014. On Bing: see pictures of Renaults Find out how much a used Renault costs on Auto Trader This means the ‘2l/100km’ concept car will likely make its first public appearance at the 2014 Geneva Motor Show, alongside the firm’s new rear-engined Twingo city car.

Special BMW M3 Competition Edition coupe gets Frozen Silver matte paint

Directly on the heels of SEMA, the matte capital of the world, BMW announced a special run of the 2012 BMW M3 Competition Edition coupe in Frozen Silver matte paint. And we mean extremely limited: just 40 cars celebrating 40 years of BMW racing in North America will be made. Each car will have the Frozen Silver paint, black hood intakes and dark chrome exterior trim.