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UK Government cuts car aid, EV grants at risk

By Tim Pollard Motor Industry 30 June 2010 15:48 Britain's business secretary Vince Cable today fired a warning shot across the bows of the car industry, saying that subsidies would end and warning that the pledged £5000 subsidy off the first electric cars was in peril.'Our starting point is very clear,' he told delegates at an automotive summit arranged by the Society of Motor Manufacturers and Traders. 'We've moved on from the era of subsidies. We just have to be realistic about what's affordable.'Cable said the new coalition Conservative-Liberal Government had not yet decided whether or how to implement the new low-carbon vehicle subsidies promised under Labour, which had set aside £250m in initial funding.'It is still actively under consideration,' said Cable.

BMW confirms its hiring of former Opel product chief Frank Weber

BMW AG confirmed it has hired Frank Weber, former head of product planning at General Motors Co.'s Opel/Vauxhall unit. Weber will become head of vehicle architecture and integration at BMW, a spokesman for the premium carmaker told Automotive News Europe today. The spokesman did not give details of when Weber will start at BMW.

Arash AF-8 (2008): first official pictures

By Ben Pulman First Official Pictures 21 January 2008 16:49 Arash Farboud, the man who created the car that spawned the Farbio GTS, has today announced details of his latest supercar venture, the AF-8. Priced at £120,000, the AF-8 is the baby brother to the AF-10 - a smaller, more user-friendly car than the hardcore hypercar. Though both cars will use the same GM-sourced 7.0-litre V8, the AF-10 will use a tweaked version with 550bhp, while the AF-8 will use the unit in standard Corvette Z06 tune.