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50,000 new drivers lose licence within two years

Under current legislation, any new driver who receives six (or more) penalty points within two years of passing their test automatically has their licence revoked. Swiftcover.com has been sifting through the official data, and found that almost 50,000 new drivers have been banned in this fashion in the last four years. On Bing: see pictures of new drivers Find out how much a first car costs on Auto Trader The data, which comes from the Drive and Vehicle Licencing Agency (DVLA), reveals that 48,983 drivers have had their licence revoked under the 1995 Road Traffic (New Drivers) Act since 2009.

Peugeot 308 GT THP 200 (2010): a quasi GTI

Peugeot is 200 years old this month, so what better way to celebrate than launching a 200 horsepower warmed-up hatch. The new 308 GT THP 200 five-door pictured costs £21,995. Not quite as much sparkle as the RCZ, but that's why it's not badged GTI, in the UK at least.

Congress scales back tax break for car buyers

A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.