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General Motors halts Hummer production until sale is completed

General Motors will stop production of Hummers at the end of this week as the automaker waits for Chinese regulators to approve the brand's sale to Sichuan Tengzhong Heavy Industrial Machinery Co. Output of Hummer H3 and H3T models at GM's Shreveport, La., plant will resume once the pending acquisition is completed, Hummer spokesman Nick Richards said. Richards declined to specify what issues remain to be approved by the Chinese government.

Bench Racing: New crop of supercars

It's been a while since we've hypothetically raced a handful of cars around the office; long enough that an entirely new crop of supercars has arrived for us to chart, graph and dissect. Today we're zeroing in on the $1-$3 million price tag range, which fits the Ferrari LaFerrari, McLaren P1, Pagani Huayra and the Bugatti Veyron Super Sport. The first three fit neatly, pricewise, at about $1.3 million.

Cost of fuel has increased 50% in seven years

THE PRICE of fuel in the UK has increased by over 50% in just over seven years, according to a recent investigation. A study conducted on behalf of Asda Money indicates that the cost of fuel in the UK has risen from around 90p per litre at the start of 2006 to the current average of around £1.38. The Autumn Statement from the Chancellor of the Exchequer cancelled the proposed rise in fuel duty that was due to come into force on the first of January 2013, and which had already been postponed once, but UK motorists are still paying out at the pumps.