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2014 fuel duty rise cancelled

Chancellor George Osborne has confirmed in his Autumn Statement that the proposed 2014 fuel duty increase has been cancelled. This means the scheduled 2p increase in tax on every litre of petrol will now no longer happen. On Bing: see pictures of petrol prices Tax disc to be scrapped after 93 years This fuel duty increase was due to come into effect on 1 September 2014, but thanks to savings elsewhere in public finances the government has called it off.

Tesla Roadster 2.5 breaks cover

Perhaps feeling a bit of chutzpah after a wildly successful stock offering this week, Tesla is demonstrating on Thursday that it still has an eye toward product, revealing the updated Tesla Roadster. And it's available for order now. Called the Roadster 2.5, the car features minor enhancements, including a new front fascia with different diffuser vents (the change is actually apparent) and new rear diffuser.

Porsche reveals Panamera Turbo S

PORSCHE has taken the wraps off its new Panamera Turbo S, built for those who think the regular Turbo is neither fast nor exclusive enough. Prices will start at more than £131,000 for the car, which uses a twin-turbocharged 562bhp V8 petrol engine and four-wheel drive to catapult its two-tonne bulk to 62mph in just 3.8 seconds, on the way to a top speed of 192mph. Fuel economy is recorded as 27.7mpg on the European standard ‘combined cycle’ average, but drivers in the real world should expect around 20.