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56% of drivers 'underestimated car expense'

MORE THAN half of people who have bought a second-hand car in the last two years have found it more expensive to run than they expected, according to a Government-backed body. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated and one in five drivers (20%) have resorted to going into debt just to keep their vehicle on the road, the Money Advice Service (MAS) found. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.

Renault Twin’Z Concept previews 2014 Renault Twingo

The Renault Twin’Z Concept, designed by British designer Ross Lovegrove, is an electric city car previewing the 2014 Renault Twingo. The Renault Twin’Z Concept is a small, just 3623mm long, urban runaround with a small electric motor good for 67bhp and 167lb/ft of torque  and weighing in at 980kg, complete with a fairly sophisticated double wishbone suspension and relatively long wheelbase with a wheel at each corner stance. The Twin’Z is very much a concept car - designed by British designer Ross Lovegrove – and comes complete with the usual concept fripperies like electric suicide doors, cameras instead of rear view mirrors, sweeping LED lights, a solid crystal rear spoiler and big, complicated alloys.

Aston Martin to shift Rapide production to U.K.

Aston Martin said it will transfer production of the Rapide sedan to the U.K. from Magna Steyr in Austria. Rapide production will move to the company's headquarters in Gaydon, central England, in the second half of 2012, the company said Tuesday.