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UK new car average CO2 now under 140g/km

UK motor industry body the Society of Motor Manufacturers and Traders (SMMT) claims 56% of new cars sold in the UK during 2010 boasted carbon dioxide (CO2) emissions figures below 140g/km. New car emissions of CO2 continued to fall at an increased rate year-on-year, dropping 3.5% over 2009’s figures and representing a cumulative drop in new car CO2 emissions of 20.3% since 2000.  The data comes from the release of the SMMT’s annual New Car Carbon Dioxide (CO2) report for 2011, out today. UK vehicle fleet CO2 continues to fall The presence of lower-polluting new vehicles in the overall UK vehicle parc (the total fleet of new and existing vehicles on the roads) has driven parcwide CO2 levels down 7.8% since 2000, and 2.7% since 2009.  This is partly thanks to new vehicles, and also due to reduction of higher-polluting vehicles via legislation and scrappage incentive schemes. The overall reduction also comes in spite of an increased number of vehicles on the road, and greater average distances travelled compared to 2000. Diesel’s rise continues One notable trend has been market penetration of diesel-powered cars. In 2000 petrol powered cars held 85.9% of the market, with 14.1% diesels.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

New Nissan GT-R Nismo at the 2013 Tokyo Motor Show

The Nissan GT-R – one of the most iconic sports car models of all time – was unveiled in its latest go-even-faster Nismo incarnation in Tokyo on Tuesday 19th November 2013. MSN went to soak up the atmosphere at Nissan’s HQ in Yokohama on the outskirts of Tokyo and speak to the management. “Developing the GT-R is an act of passion and a driver of innovation”, so declared Nissan’s overall boss Carlos Ghosn (bottom left) after he was driven on stage by record-breaking driver Michael Krumm at the exclusive reveal of its GT-R supercar in Yokohama.