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Fuel duty freeze is 'no give-away'

MOTORING GROUPS have given a cautious welcome to Chancellor George Osborne's announcement of a freeze on fuel duty until May 2015. But Transport Secretary Patrick McLoughlin's insistence on the value of HS2 to the UK cut little ice with opponents of the high-speed rail scheme. On fuel duty, both the AA and the RAC pointed out that Mr Osborne was already getting big sums from motorists in taxation.

One lap of the Web: $52 million Ferrari 250 GTO, Alfa Romeo Montreal for sale and more bizarro engines

-- Even as the hammer fell on Juan Manuel Fangio's $30 million Mercedes-Benz W196R, we knew that that car wasn't the most expensive one ever sold -- it was merely the most expensive car sold at auction. Other cars were reported to have traded for a bit more in private sales. But now we have word of a car that absolutely blows the sale price of Fangio's little Silver Arrow out of the water: a 1963 Ferrari 250 GTO that sold to an undisclosed buyer for $52 million.

VW Jump Starts City Car's Appeal

VOLKSWAGEN has become the latest firm to launch a pure electric car in the UK. The firm is kicking off its campaign with an electric version of its already popular up! city car.