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GM financial results

By Ben Whitworth Motor Industry 10 November 2008 10:07 GM is on the ropes. In an official statement made late Friday night the carmaker said under current market conditions it would run out of cash in the first half of next year. And Ford is not far behind… Hard to believe?

New Rolls Royce Wraith on the road (video)

The new Rolls Royce Wraith hits the road The new Rolls Royce Wraith – revealed at the Geneva Motor Show in March – is Rolls Royce’s answer to the sport credentials of Bentley, and it’s a convincing effort. Essentially a Ghost Coupe, the Wraith’s styling is, perhaps, a little jarring with its almost dog humping back end, but from some angles it also looks remarkably elegant for a two door coupe that’s the size of a delivery truck. But the key to the Wraith’s appeal – apart from the sumptuous fixtures and fittings – is its dynamism and power, with 624bhp on tap from its v12 (and an earth-turning 590lb/ft of torque too) enough to shift the Wraith to 60mph in a very un-Rolls Royce 4.4 seconds.

Driving licence costs to be cut by almost a third

The cost of a driving licence is going down Actually the cost of applying foe a driving licence is a drop in the ocean compared with just about every other motoring cost, but the news that the Government are planning to cut the cost of anything is always welcome news. The Roads Minister, Stephen Hammond, has announced that the Government is planning to cut the cost of applying for your first driving licence from £50 to £34 if you process your application digitally and by 15 per cent if you do a paper application. That will also see the 10 year renewal of photo licences fall from £20 to £14 and driver tachograph card – for commercial drivers – will also drop from £38 to £32.