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UK's emergency Budget 2010: how it affects motorists

Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists.  The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.

Official: Aston Martin Cygnet axed – fewer than 150 sold

Sir Stirling Moss was one of fewer than 150 Aston Martin Cygnet buyers Last month we reported that Aston Martin appeared to have axed their take on a supermini – the Aston Martin Cygnet – after just a couple of years. Now that news seems to be official after Reuters spoke to an Aston Martin source who also said the Cygnet sold so poorly that fewer than 150 were sold. That must make the Cygnet one of the poorest performing cars in any company’s sales history, especially as that fewer than 150 total was supposed to be 4,000 a year.

Audi A8 (2007) facelift: first official pictures

By Mark Nichol First Official Pictures 07 August 2007 06:45 Another mid-life facelift? What's so exciting about that? More than you'd think, actually.