Daihatsu Hijet 1989 Rear Muffler [0022500] on 2040-parts.com

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.

VIDEO: Sebastien Loeb's run up Pikes Peak

World Rally champ Sebastien Loeb demolished the standing record at the Pikes Peak International Hill Climb on Sunday, with a time of 8 minutes, 13.878 seconds. He broke Hyundai driver Rhys Millen's record by 1 minute, 33 seconds. This morning, the full video of his run up the 12.42-mile hill was uploaded to YouTube.

Henrik Fisker launches new luxury sports car company

Henrik Fisker and Bernhard Koehler have announced the opening of a new luxury car company, Fisker Coachbuild, based in Southern California to appeal to the global market. The focus of the company will be on designing and manufacturing exclusive high-end sports cars, which will be limited to 150 units per design and sold under the Fisker brand name, with world-wide distribution. The first public unveiling of the new designs will be scheduled towards the end of 2005, with production to commence during the second quarter 2006.