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Nissan Townpod concept preview
Thu, 09 Sep 2010Nissan has just released this image of its new Townpod concept, which offers insight into how the brand could expand its portfolio of zero-emission vehicles. It will be displayed at the Paris motor show. Designed to offer zero-emissions mobility to a future generation of home-based, innovative entrepreneurs who are creative and tech-savvy, the Townpod "combines eye-catching design with a spacious and practical interior," Nissan says. "[It's] more than just a car and it's more than just a van – it heralds a new-era of flexible, stylish vehicles that will bring electric-vehicle mobility to the masses." We'll bring you more information, our critique of the design and our own unique photographs of the Townpod in a few weeks' time.
UK's emergency Budget 2010: how it affects motorists
Mon, 21 Jun 2010Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists. The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.
General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept
Wed, 29 Jul 2009General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...