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Fuel Duty frozen and car tax discs scrapped

Fuel Duty frozen and car tax discs scrapped Fuel duty makes up a painful chunk of the price of petrol and diesel, and it was due to be increased again next September. But Chancellor George Osborne has announced that the tax hike will be scrapped – as has been the case every year sicne the Con-Dems came to power – saving motorists an additional 2p on a litre of fuel. It may not be a price cut, but at least it’s not going up.

Ford reports record $1.7 billion profit

Ford Motor Co. reported record third-quarter profits on Tuesday, raised its production forecast and said it will speed up steps to cut its debt. Ford's $1.7 billion in net income was up from $997 million a year earlier.

GM's next eco-concept car

By Ben Oliver Motoring Issues 12 October 2007 11:18 General Motors will unveil a European concept car built on its radical new E-Flex platform at September’s Frankfurt Motor Show. The concept will feature radical styling, with a diesel engine acting as a generator for the concept’s electric motor. And General Motors is believed to be collaborating with urban electric scooter manufacturer Segway; the unnamed concept may be able to carry one or more of the £4000, gyroscope-controlled devices for use in town once you’ve parked.A new type of plug-in hybrid, the E-Flex platform made its debut at the 2007 Detroit Motor Show in the Chevy Volt concept car.