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Cautious welcome for fuel duty freeze
Tue, 01 Oct 2013MOTORING groups have given a cautious welcome to Chancellor George Osborne's announcement of a freeze on fuel duty until May 2015. Both the AA and the RAC pointed out that Mr Osborne was already getting big sums from motorists in taxation. Professor Stephen Glaister, director of the RAC Foundation, said: "Transport is the single biggest area of household expenditure bar none and our own research shows that 800,000 of the poorest households are in transport poverty, spending a quarter or more of their income on running a car.
New Peugeot 108 revealed ahead of Geneva debut
Fri, 14 Feb 2014The new Peugeot 108 (pictured) revealed ahead of a Geneva debut The new Peugeot 108, revealed this morning ahead of a Geneva Motor Show debut, is Peugeot’s new take on the city car and, certainly at first look, it seems a good effort. We always liked the Peugeot 107 and its ability to look better than its Citroen and Toyota siblings, be nippy and frugal around town and small enough to park almost anywhere. And although the new Peugeot 108 looks more grown-up, it does seem to promise what the 107 delivered but in a more sophisticated package.
Marchionne's dilemma: To sell or not to sell Alfa to Volkswagen?
Wed, 01 Dec 2010Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match. In a public test of Marchionne's faith in his own turnaround strategy, in September Volkswagen Chairman Ferdinand Piech bluntly announced that he wants to buy Alfa Romeo. Piech was suggesting that VW--and only VW--could transform Fiat's perennial money-losing brand into a real moneymaker.