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Urban gridlock costs economy £4.4bn
Tue, 17 Dec 2013GRIDLOCK 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.
First Lamborghini Huracans making £30k premiums
Fri, 11 Apr 2014Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.
McLaren MP4-12C – Testing video
Tue, 23 Feb 2010We have video of the McLaren MP4-12C out testing We had a real flurry of activity last year with reveal of McLaren’s first real new road car since the mid ’90s – the McLaren MP4-12C. Yes, we had the McLaren Mercedes SLR until last year, but that was best described as McLaren’s efforts to make a Mercedes, bloated, corporate concept of a supercar work. It wasn’t really what McLaren are about, which is cutting edge technology in a lightweight clothing.