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Petrol prices reach three-year low

PETROL PRICES are at a three-year low, with Yorkshire and Humberside remaining the cheapest area, according to figures from the AA. But the good news for drivers is offset by a real-terms dip in earnings which has pushed wages back to 2002 levels adjusting for inflation, the AA added. Petrol forecourt prices across the UK averaged 129.46p a litre in mid March compared to 129.63p in mid February.

Trevor’s Back! TVR sold to new British owner

TVR sold to a new British owner, Les Edgar TVR – once the pride of Blackpool – effectively disappeared from the car scene in 2006 when its Russian owner, Nikolai Smolensky, shuttered up TVR just two years after he bought it from Peter Wheeler and last yeare announced there would never be another TVR. But it now seems TVR has been sold to a British businessman, Les Edgar, who has bought the rights to the TVR name and the right to manufacture parts for existing cars. So far, the only evidence of a return is a new splash page on the TVR website (pictured above) which tells us that TVR are ‘Roaring Back’.

Czech Car Maker Offers A Vision Of Its Future

SKODA has long since cast off its budget car image, but just in case you remain on the fence regarding the Czech firm’s premium market aspirations, it’s revealed a smart new concept car ahead of the Geneva Motor Show, called the VisionC. The five-door ‘coupe’ is said to be positioned in-between existing Octavia and Superb models, and has clearly been influenced by cars such as Audi’s A7 – another large, premium coupe-like model. As Skoda continues to grab a larger share of the market it’s also keen to steal buyers from existing firms selling ‘affordable premium’ models.