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Lamborghini 'their choice' says Webb

IT WILL be up to pensioners whether they spend their retirement pot on a Lamborghini, Pensions Minister Steve Webb said as he defended a relaxation of rules announced in the Budget. Critics have warned that allowing pensioners to draw down the cash rather than being forced to buy an annuity will result in some blowing the fund and relying solely on state help. The luxury Italian sport cars sell for six-figure sums.

Videos: Chris Bangle shares his views on design and the future of car design

Chris Bangle is a man that needs no introduction on these pages. Both revered and castigated, Bangle's work has undoubtedly been influential for a generation of designers. His unconventional practices – employed at a time when design was still largely segregated from other departments during the development process – yielded many avantgarde and contentious designs, but Bangle's fundamental understanding of the design process, creative vision and desire for change can never be cast in doubt. While Bangle shares his views on the future of the car in the video to the right, the video to the left provides an insight into the former BMW design chief's thought processes and gives us a glimpse into his home and studio in the Piedmont region of northern Italy.

World’s fastest motorbike is electric

THE FASTEST motorcycle in the world that you can ride on the road is now a battery-powered machine from Lightning. Built in the USA, the Lightning LS-218 has a top speed of 218mph and is based on the company’s racing motorbike. An electric motor that produces 200bhp powers the LS-218 and offers maximum power from almost tickover all the way to the motor’s 10,500rpm limit.