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2012 Maserati GranTurismo MC to sticker at $143,400 when sales start in August

Pushing 0 to 60 mph in 4.8 seconds, the newest member of the Maserati lineup is now the brand's fastest production vehicle in North America. The 2012 GranTurismo MC gets a base price of $143,400--which includes $1,800 in shipping charges and a $1,700 gas-guzzler tax. For full wind-in-your-hair accelerative exposure, the convertible-sport variant starts at $146,300, including the shipping and gas-guzzler charges.

Barclays bids bye-bye to 'Boris Bikes'

BARCLAYS is to end its sponsorship of the so-called Boris Bikes, introduced by London Mayor Boris Johnson to the capital in 2010. The bank's logo has adorned the blue cycles since their introduction three years ago.But Transport for London (TfL) will be forced to look for a new sponsor after Barclays announced plans to discontinue with the deal at the end of its contract in 2015. The bikes were launched amid much fanfare in August 2010, with nearly a million journeys made within the first 10 weeks of the scheme being rolled out.

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.