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Families spending less on transport - new figures revealed

THE LATEST Family Spending data shows that UK households spent £489 on average per week in 2012, according to the Office for National Statistics. Once inflation is taken into account, average spending has decreased since 2006 when households spent £526.40. Transport has seen the biggest spending reduction taking inflation into account, falling from £87.10 per week in 2001/2002 to £64.10 in 2012 despite the price of petrol increasing substantially over this period.

Hyundai Nuvis Concept makes waves in New York

The Hyundai Nuvis Concept - a startlingly good crossover concept from Hyundai [ad#ad-1] We really do need to start taking the Koreans seriously (if we weren’t already) when it comes to cars. They are moving very rapidly up the ladder and if European car makers, never mind the Americans, aren’t careful there’s going to be another sea-change to rival the one that Japan made a few decades ago. And one to keep watching is definitely Hyundai.

Trevor’s Back! TVR sold to new British owner

TVR sold to a new British owner, Les Edgar TVR – once the pride of Blackpool – effectively disappeared from the car scene in 2006 when its Russian owner, Nikolai Smolensky, shuttered up TVR just two years after he bought it from Peter Wheeler and last yeare announced there would never be another TVR. But it now seems TVR has been sold to a British businessman, Les Edgar, who has bought the rights to the TVR name and the right to manufacture parts for existing cars. So far, the only evidence of a return is a new splash page on the TVR website (pictured above) which tells us that TVR are ‘Roaring Back’.