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Urban gridlock costs economy £4.4bn

GRIDLOCK in urban areas is costing car-commuting households £4.4 billion a year, according to a report. Congestion in London accounts for £2 billion of the overall annual cost, the report by traffic information company Inrix and the Centre for Economics and Business Research (Cebr) showed. The report was compiled by studying congestion in the UK's 18 largest urban areas.

Supermarkets launch new petrol price war

British supermarkets have launched a new fuel price war which will see petrol prices dip down below the 130 pence per litre mark. Sainsbury’s was first to move, by cutting a huge 6p per litre off the price of unleaded – taking prices down to 129.9p. How to find the cheapest fuel in your area Petrol: don’t waste time and money shopping around Asda quickly followed up by saying nobody will pay more than 128.7p for a litre of petrol.

Hyundai ix20 (2010) first official teaser sketch

Hyundai is the latest car manufacturer to join the mini-MPV party, with the upcoming ix20, and ahead of its preview at the Paris motor show at the end of this month, the Korean company has released this teaser sketch. Designed and developed at Hyundai’s European research and development centre in Rüsselsheim, Germany, the ix20 is essentially Hyundai’s version of sister firm Kia’s Venga.  Hyundai would have you believe it’s a little bit of both – the ‘ix’ moniker has been chosen to suggest its cross-over like capability. The Korean manufacturer says the ix20 is ‘a vehicle with the ability to simultaneously serve as a functional people-carrier while providing a dynamic, fun-to-drive experience’; the Venga has shown that it’s a capable and competent, if unexciting, small MPV.