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Supermarkets launch new petrol price war

British supermarkets have launched a new fuel price war which will see petrol prices dip down below the 130 pence per litre mark. Sainsbury’s was first to move, by cutting a huge 6p per litre off the price of unleaded – taking prices down to 129.9p. How to find the cheapest fuel in your area Petrol: don’t waste time and money shopping around Asda quickly followed up by saying nobody will pay more than 128.7p for a litre of petrol.

Frank Sinatra's Cadillac, Steve McQueen's Chevy truck to cross the block at ‘Classic California' auction

Bonhams & Butterfields is having a star-studded auction this Saturday at the Petersen Automotive Museum in Los Angeles. Lots of celebrity rides will cross the block at the event, which is being billed as a “Classic California” collection of cars, motorcycles and memorabilia. Here are some of the highlights: -- Actor/racer Steve McQueen's 1949 Chevrolet pickup will be offered for sale for the first time by his widow, Barbara Minty McQueen.

UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.