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UK Government cuts car aid, EV grants at risk

By Tim Pollard Motor Industry 30 June 2010 15:48 Britain's business secretary Vince Cable today fired a warning shot across the bows of the car industry, saying that subsidies would end and warning that the pledged £5000 subsidy off the first electric cars was in peril.'Our starting point is very clear,' he told delegates at an automotive summit arranged by the Society of Motor Manufacturers and Traders. 'We've moved on from the era of subsidies. We just have to be realistic about what's affordable.'Cable said the new coalition Conservative-Liberal Government had not yet decided whether or how to implement the new low-carbon vehicle subsidies promised under Labour, which had set aside £250m in initial funding.'It is still actively under consideration,' said Cable.

Aston Martin V12 Vantage Roadster & new Vanquish hit the Nurburgring (video)

Aston Martin may have already revealed the new Vanquish and the V12 Vanquish Roadster, but they’re still playing at the Nurburgring. For a small company with limited resources, Aston Martin is doing very well on the new model front. First we had the launch of a new car with an old name – the new Aston Martin Vanquish – followed earlier this month by the official reveal of the soft-top V12 Vantage – the Aston Martin V12 Vantage Roadster.

Ford Fiesta retains eco marathon title

A FORD Fiesta has been crowned the winner of the ALD Automotive/Shell Fuelsave MPG Marathon for the second year running. The 1.6-litre diesel Fiesta Econetic achieved 88.69mpg over 339.3 miles on what some observers say was the toughest course yet for the annual event. Hills, bad weather and heavy traffic were all obstacles faced by the 46 competitors who set out from Tankersley Manor, near Sheffield.