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Ford prices new 2012 Focus ST from £21,995

Ford has confirmed prices for the new Focus ST. The new 247bhp hot hatch will cost from £21,995 for the hatchback, or £23,095 for the Focus ST estate. That undercuts the VW Golf GTI, which has bumped up in price in recent years to a stout £25,330 despite having a more modest 207bhp. It also makes it better value than the £26,995 Vauxhall Astra VXR and Renaultsport Megane RS 265 at £24,840.

CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.

Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.

Ford Fiesta retains eco marathon title

A FORD Fiesta has been crowned the winner of the ALD Automotive/Shell Fuelsave MPG Marathon for the second year running. The 1.6-litre diesel Fiesta Econetic achieved 88.69mpg over 339.3 miles on what some observers say was the toughest course yet for the annual event. Hills, bad weather and heavy traffic were all obstacles faced by the 46 competitors who set out from Tankersley Manor, near Sheffield.