Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

New cars can save drivers up to 25%

BUYING a new car instead of a secondhand one could save drivers as much as 25% on their motoring costs in the first year of ownership. These savings come from cheaper insurance, lower road tax costs, improved fuel economy and no MoT test. Comparing a brand new Volkswagen Golf with a five-year old model, the new car reduces the annual spend on motoring from £1689 to £1267, saving £422 in the first year of ownership.

Toyota sets electric car record at Nurburgring with TMG EV P001

Toyota TMG EV P001 - new EV lap record at the Nurburgring Every car maker wants a lap record at the Nurburgring, and Toyota is no different. What is different this time is that Toyota has taken a non-production car with an electric motor – the Toyota TMG EV P001 – to crack the record for an EV. Nurburgring regular Jochen Krumbach took the Toyota Motorsport EV P001 round the 20.8km Nürburgring Nordschleife circuit in a blistering 7m 47.794s, annihilating the previous record of 9m 1.388s.

Economic downturn might hit plans for Porsche small roadster

Porsche's decision on whether to build an entry-level roadster will depend on the global economy, CEO Matthias Mueller said. Mueller said that if the automaker decides to go ahead with the car, sales would begin at the earliest in the third quarter of 2014, but probably later. A decision on production will depend on how the global economic situation pans out, particularly in relation to the auto industry, Mueller said.