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Report Claims Pothole Repair Blackhole Is £12bn

FIGURES from the Asphalt Industry Alliance (AIA) have revealed the extent of the nation’s pothole crisis, with a report claiming the "catch-up" cost of getting roads back into reasonable a condition has soared to £12 billion. The total is an increase on the £10.5 billion figure reported last year, and remains high despite more than two million potholes being filled in England and Wales over the last 12 months. This was despite a 20% decrease in the shortfall in annual road maintenance budgets reported by local authorities, with the shortfall reducing from an average of £6.2 million to £5.1 million per authority in England.

Sold out: RM sells entire vehicle inventory at Hershey auction

RM Auctions recorded a 100 percent sell-through rate at its Vintage Motor Cars of Hershey (Pa.) event. With more than 140 vehicles featured, the auction house posted $8.8 million in total sales. There was worldwide interest for the cars as bidders on the phone and the Internet represented 18 different countries, including Argentina, Turkey and Australia.

Design a steering wheel for Ford and win a trip to its Cologne studio

Ford UK, and product development publication DEVELOP3D, have announced details of a new competition, asking designers to create a concept for a future Ford steering wheel. The competition is open to UK-based designers from all industries, and submissions should be emailed in the form of digital sketches or hand-drawn images. The deadline is 7 November, 2014.