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50,000 new drivers lose licence within two years
Sat, 30 Nov 2013Under current legislation, any new driver who receives six (or more) penalty points within two years of passing their test automatically has their licence revoked. Swiftcover.com has been sifting through the official data, and found that almost 50,000 new drivers have been banned in this fashion in the last four years. On Bing: see pictures of new drivers Find out how much a first car costs on Auto Trader The data, which comes from the Drive and Vehicle Licencing Agency (DVLA), reveals that 48,983 drivers have had their licence revoked under the 1995 Road Traffic (New Drivers) Act since 2009.
Fiat taking 35% stake in Chrysler
Tue, 20 Jan 2009Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.
Lotus gets Ferrari Designer
Wed, 16 Dec 2009Ferrari Designer Donato Coco joins Lotus as Director of Design As we’ve reported umpteen times this year, Lotus are getting things very right. They’re selling the new Lotus Evora hand over fist and have plans in place to a convertible Evora and of course the new Lotus Esprit. Part of the long-term plan at Lotus is to bring the Hethel boys back to the top of the heap in the way Lotus were in the glory days of Colin Chapman.