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GM to recall 1.5 million vehicles for fire risk

General Motors Co. said it is recalling 1.5 million vehicles with heated washer-fluid systems following engine fires that occurred even after a 2008 fix on many of the same cars for similar problems. The recalls, to begin by June 14, will affect 18 models of 2006-2009 Buicks, Cadillacs, Chevrolets, GMCs, Hummers and Saturns, the National Highway Traffic Safety Administration said on its Web site today.

Hyundai to guarantee trade-in values

Starting May 1, Hyundai Motor Co. will guarantee the future trade-in value of its new vehicles. When a consumer buys a new vehicle from a Hyundai dealership, the company will guarantee what the trade-in value of that vehicle will be after the second full year of ownership through the fourth year.

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.