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Philip Hammond: Winter Tyres are no good in the UK. Wrong.

Philip Hammond drops a clanger on Winter Tyres Throughout all of last year’s snow we lost count of the number of times we were asked if winter tyres were a good idea. You see, winter tyres are not something the Brits know much about. Ask most UK drivers what a winter tyre is and they have visions of something bordering on a James Bond special with spikes to get a grip.

Nissan Leaf gets battery warranty boost

Nissan Motor Co. plans to bolster the warranty of the battery module in its electric Leaf to reassure consumers of its durability. The company intends to notify current owners and dealers early next year that it will make the warranty retroactive to cover all existing Leafs, offering to repair or replace the car’s lithium-ion battery if it loses more than 30 percent of its ability to hold a charge after five years or 60,000 miles.

How well is Ferrari really doing? Results analysed

Ferrari seems to be holding up well in the global recession, according to figures announced this week. Its market share is up, consolidated revenues fell just 7% in 2009 and overall operating profit stood at a juicy €245m. Not a bad performance in the biggest economic downturn for generations.Ferrari operates in the upper echelons of the premium sports car market: serious stuff with at least 450bhp and a minimum €140,000 price tag.