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Retailers urged to cut fuel prices

FUEL RETAILERS have been urged to "immediately" ease pressure at the pumps by passing on a drop in wholesale prices to motorists. The RAC said a litre of unleaded petrol sold wholesale for 6p less since the end of August, while diesel was down by 2p a litre, giving petrol stations the power to lower prices on the forecourt. The car services company explained lower prices were due to a drop in oil prices since Syria agreed to sign an international treaty banning chemical weapons and the pound reaching a seven-month high against the dollar.

Fiat, Magna, investment firm are three finalists to buy Opel

Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.

Ruf Stormster concept (2009): the electric Porsche Cayenne

Ruf might be a tiny German tuner, but it’s just unveiled the first ever electric Cayenne. Called the Stormster it's Ruf's second battery-powered Porsche, uses the same motor as the company's electric 911, weighs close to 2.7 tonnes and hits 62mph in ten seconds. No at all – in fact, earlier this week Ruf took its 676bhp GT2 to 229mph at the Nardo test track in southern Italy.