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SAIC merges with Nanjing

By Keith Adams Motor Industry 28 December 2007 15:27 Is the Chinese car industry learning to rationalise?  Absolutely. In order to attack world markets, China’s government and its largest automotive players have been getting cute. There’s a rush to merge or combine in order to compete in international markets.

Honda back in F1 as engine supplier to McLaren from 2015

We reported that Honda were looking likely to be heading back in to F1 as engine supplier to McLaren nearly two years ago, and this morning Honda has confirmed they have formed a joint project with McLaren to supply engines and energy recovery systems to McLaren from 2015 in a joint project with the McLaren team becoming McLaren Honda. The new F1 partnership revives a very successful period for McLaren when it last used Honda engines and Prost and Senna dominated F1 with Honda powered McLarens, and fits in nicely with Honda’s return to making supercars with the new Honda NSX. Formula One engines will drop to a 1.6 litre V6 in 2015 – with a turbo – and it will be very easy for parallels to be drawn with the V6 hybrid plant Honda are using on the new NSX, which is going to do its credibility no harm whatsoever.

Fuel Duty frozen and car tax discs scrapped

Fuel Duty frozen and car tax discs scrapped Fuel duty makes up a painful chunk of the price of petrol and diesel, and it was due to be increased again next September. But Chancellor George Osborne has announced that the tax hike will be scrapped – as has been the case every year sicne the Con-Dems came to power – saving motorists an additional 2p on a litre of fuel. It may not be a price cut, but at least it’s not going up.