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UK's emergency Budget 2010: how it affects motorists

Chancellor 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.

Audi unveils fuel sipping A3 1.6 TDI ultra

Audi has just revealed a new version of its popular A3 hatchback, this one aimed straight at fuel economy figures that'll put hybrids to shame. The new A3 1.6 TDI ultra uses just 3.2 liters of diesel per 100 kilometers as the Europeans like to put it, or 73.5 miles per U.S. gallon.

Jaguar to hand-build build six new 'Lightweight' E-Types

JAGUAR is bringing history to life with an incredible mission to build six ‘Lightweight’ E-Types from scratch – by hand. The firm’s ‘finest craftsmen’ will hand-build each of the ultra-rare E-Type racers to the exact specification dictated on the original plans, including the 3.8-litre straight-six petrol engine. The cars were originally destined to be built in the 1960s as part of a run of 18, but only 12 were ever made.