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UK's emergency Budget 2010: how it affects motorists
Mon, 21 Jun 2010Chancellor 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.
Toyota Prius wagon is roomier, heavier than its hatchback sibling
Tue, 08 Mar 2011The new wagon-style Toyota Prius has entered production ahead of its global sales debut next month in Japan. And despite outward similarities with its hatchback predecessor, the newest member of the Prius family also gets noteworthy changes. At a preview and test drive for journalists in Japan, Toyota Motor Corp.
Hyundai future products: New entries seek upscale niches
Mon, 22 Aug 2011Hyundai will continue to enter new product segments, including upscale niches, while keeping lower-priced models fresh over the next three years. The Veloster sporty coupe will join the lineup this fall, and a turbocharged version comes next summer. A redesigned Azera sedan debuts in the final weeks of this year, and a two-door Elantra will go on sale next spring.