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Call to pass on petrol price cuts

THE AA has joined calls for retailers to pass on a fall in the wholesale price of petrol to motorists. Pump prices have "barely budged" from the late summer high of just over 138p a litre despite a 2p-a-litre fall in the wholesale price of petrol a fortnight ago and a further 3p drop last week, according to the latest AA Fuel Price Report. Petrol averaged 132p at the start of the year, "and this is where it should be heading if the wholesale price collapse persists", the report said.

VW developing 10-speed transmission to save fuel

Volkswagen is developing a 10-speed dual-clutch transmission to help reduce fuel consumption in its vehicles, CEO Martin Winterkorn said. The transmission is one of a number of drivetrain technologies that the automaker is focusing on for the mid- and long term, he said. Others include plug-in hybrids and a high performance diesel engine.

BMW M3 & M5 M Performance Editions cost £74,080 & £95,140

BMW M3 & M5 M Performance Editions The BMW M3 & M5 M Performance Editions with ‘Frozen’ paint and plenty of toys cost £74,080 & £95,140 respectively. Earlier this week BMW UK teased the lauch of a couple of Limited Edition models – the BMW M M3 Performance Edition and the M5 M Performance Edition – with a couple of short video trailers. But now we have the detail – and the prices.