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Theory driving test cost to be cut
Fri, 11 Apr 2014THE COST of the written part of the driving test is to be reduced, the Government has announced. Under Government plans, which are now out for consultation, the cost of sitting the theory section of the test will be reduced from £31 to £25 from October 2014, with a further drop of drop of £2 planned in October 2015. The proposals could save learner drivers in excess of £100 million over the next nine years.
Volkswagen buys stake in Suzuki
Wed, 09 Dec 2009Volkswagen will buy nearly 20 percent of Suzuki for $2.5 billion in a deal poised to continue VW's ambitious growth plans and bolster its global product offerings. The companies announced the agreement on Wednesday, and it could close in January. The deal allows VW to draw on Suzuki's small-car capabilities and strong position in India.
News watch July 2012: today's auto industry news
Wed, 25 Jul 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.