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UK's emergency Budget 2010: how it affects motorists
Mon, 21 Jun 2010Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists. The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.
Whos Where: Victor Nacif, VP Design, Nissan Design Europe
Thu, 06 May 2010Victor Nacif started his new role as Vice President of Design at Nissan Design Europe last month, having recently relocated from San Diego, California. Car Design News caught up with Nacif, an avid racing fan, at last weekend's FIA GT1 World Championship race at Silverstone, in which a Nissan GT-R piloted by team Sumo Power garnered the win. Nacif comes to NDE following a six-year stint at Nissan Design America where he held the role of Vice President of Design Business Aspects.
VAT-free Alto offer extended
Fri, 01 Nov 2013YOUNG car buyers have some early festive cheer to celebrate, with the announcement that Suzuki has extended its ‘VAT-free’ offer on the cute Alto city car model until the end of the year. The deal effectively takes £1,200 off the list price of the entry-level Alto SZ. That makes the five-door runabout just £5,999 to buy, and with a low deposit of £779 it can be driven away for £99 per month.