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Car spending 'more than holidays'

NEARLY HALF of drivers in the UK spend more disposable income on their car than anything else, according to a survey. Spending on cars (47%) easily outweighs the amount spent on holidays (21%) and socialising with friends (13%), the poll from Halfords Autocentres showed. But the survey also found that 10% of drivers were cutting back on car maintenance to save money.

Daimler, Renault are set to share vehicle platforms and engines

Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.

Chrysler prices SRT 2012 models

Chrysler Group, which is reviving its SRT performance brand, has set prices on the first four SRT vehicles it is selling: the Chrysler 300 SRT8, Dodge Charger SRT8, Dodge Challenger SRT8 and Jeep Grand Cherokee SRT8. Chrysler will start building the vehicles at the end of July and they will arrive in dealerships before the end of the third quarter. Prices, including $825 shipping, are as follows: -- 2012 Dodge Charger SRT8 -- $46,660 • 2012 Chrysler 300 SRT8 -- $47,995 • 2012 Jeep Grand Cherokee SRT8 -- $55,295 • 2012 Dodge Challenger SRT8 -- $44,077 (price does not include a $1,300 gas guzzler tax on the automatic transmission and $1,000 for the six-speed manual.) The 2012 Challenger is largely a carryover from the 2011 model.