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Petrol price hits three-year low

THE PRICE OF FUEL at the pumps has fallen to a three-year low, according to AA figures. As of yesterday, the UK average petrol price was 129.12p a litre - the lowest since February 23 2011 - while the average diesel price was 133.55p a litre, the lowest since February 6 2011. AA public affairs head Paul Watters said: "Asda triggered something of a supermarket price war on Tuesday, which was enough to send average UK pump prices to their lowest for more than three years.

Mini unveils Clubman concept at Geneva Motor Show with more doors

This week Mini has brought the Clubman concept to the Geneva Motor Show, and even though it's officially a concept car for the purposes of its appearance at the 2014 edition of the Salon International de l'Auto, the car itself is basically production ready behind the scenes. The Clubman has grown unexpectedly for the 2015 model year redesign, to the point where it might be confused with the five-door Hardtop, but that's a different model which we'll see later in the year. Even though the Clubman now boasts six doors, it will be positioned somewhat differently from its five-door Hardtop sibling, even though in practice the two will be offering essentially the same package.

Gumpert Insolvent

German supercar maker Gumpert has filed for insolvency after a foray in to China failed to realise the expected sales. We’re beginning to wonder if the only garden shed supercar makers actually able to make a go of things are British? Gumpert – German maker of extreme supercars – has instigated insolvency proceedings after its plan to make the newly wealthy Chinese fall in love with its bonkers cars floundered.