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Best petrol price falls since 2008

MOTORISTS are enjoying the biggest fall in petrol prices since the credit crunch days of 2008. But the AA has warned that a further dip in prices is unlikely. Average petrol prices in the UK fell 5.49p a litre between mid September and mid-October - the biggest monthly fall since the 11.5p petrol price collapse in November 2008, the AA said.

Mini factory celebrates its 100th birthday

A bastion of the British car-building industry, Mini’s ‘Plant Oxford’ in Cowley, Oxford celebrates 100 years of building cars today (28 March 2013). Currently responsible for producing the second-gen BMW Mini range, Plant Oxford has been the birthplace more than just trendy city cars: it’s stamped out over 11.5 million cars since 1913, including legend like the Morris Minor and Frogeye Sprite, and clunkers like the Morris Marina. It also contributed to the war effort by repairing damaged RAF fighter aircraft during the Second World War.

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.