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McLaren supercars

By Tim Pollard 29 July 2008 09:00 Conceived as Ron Dennis and his closest allies were held up in an airport lounge, the F1 remains for many the definitive supercar. Woking-based McLaren Automotive is part of the F1-focused McLaren group and its grand prix nous shone through loud and clear with the F1. If you've been waiting 14 years for another F1, fret not.

Government To Call Time On Tax Disc

THE HUMBLE tax disc is set to become a thing of the past, with Chancellor George Osborne planning to shake up the way we tax our vehicles as part of his Autumn Statement announcement. After more than 90 years affixed to British motorists' cars, the tax disc is to be scrapped and replaced with a modern electronic system. For the first time motorists will also be able to pay for their vehicle excise duty (VED) by monthly direct debit, although this will cost an extra 5%.

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.