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New cars can save drivers up to 25%

BUYING a new car instead of a secondhand one could save drivers as much as 25% on their motoring costs in the first year of ownership. These savings come from cheaper insurance, lower road tax costs, improved fuel economy and no MoT test. Comparing a brand new Volkswagen Golf with a five-year old model, the new car reduces the annual spend on motoring from £1689 to £1267, saving £422 in the first year of ownership.

General Motors fires back at Volkswagen

General Motors issued a terse response this week to published comments by Volkswagen CEO Martin Winterkorn, who suggested to the German press that Opel could be sold to a Chinese competitor. Detroit-based GM called Winterkorn's comments “regrettable” and accused him of “fanning speculation.” Opel was nearly sold to Magna and Russian investors in the wake of GM's 2009 bankruptcy. But then-CEO Ed Whitacre and the corporate board reversed that decision, igniting controversy from German political and labor leaders who have long chafed under American oversight.

BMW Concept X6 (2007): first official pictures

By Phil McNamara First Official Pictures 11 September 2007 08:00 BMW X6: the lowdown No, X6 is not a typo but the third X model in the BMW’s 4x4 range. BMW kicked off the Frankfurt show today (Tuesday 11 September) by unveiling two coupes spun off existing models. The 1-series coupe is a two-door notchback version of the baby BMW, but the X6 – an X5 SUV with a melted rear end – was the show-stopper.