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Driving licence costs to be cut by almost a third

The cost of a driving licence is going down Actually the cost of applying foe a driving licence is a drop in the ocean compared with just about every other motoring cost, but the news that the Government are planning to cut the cost of anything is always welcome news. The Roads Minister, Stephen Hammond, has announced that the Government is planning to cut the cost of applying for your first driving licence from £50 to £34 if you process your application digitally and by 15 per cent if you do a paper application. That will also see the 10 year renewal of photo licences fall from £20 to £14 and driver tachograph card – for commercial drivers – will also drop from £38 to £32.

Jaguar to build R8 rival

[ad#ad-1] Jaguar has its problems, there is no doubt. Tata is struggling financially with its recently acquired Jaguar / Land Rover set-up, but then virtually every car maker has major problems at the moment. And yes, it has just laid off 450 staff, although this seems to be more about management rationalisation than shedding pure manufacturing jobs.

Pininfarina family to lose control of company

The Pininfarina family is set to lose its controlling share stake in the company as it takes a step closer to restructuring its €76 million net debt. The Italian design firm, founded in 1930, has been plagued with debt in recent years, shutting its manufacturing branch in 2011 to concentrate purely on design, ending a joint venture with Volvo that saw the company assemble Volvo's C70. The move is seen as a positive one for the company in the long-term, making it more financially secure for future developments, but it also means that the Pininfarina family will lose control of the company by selling its 77 percent share.