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Tesco joins Asda in fuel price cut

SUPERMARKETS Asda and Tesco have provided some autumn cheer for motorists by reducing their fuel prices. First, Asda announced that from Tuesday it would be knocking 2p a litre off the price of its petrol and 1p a litre off diesel. Then Tesco said it would be reducing its petrol "by up to 2p per litre" and cutting its diesel by 1p a litre - also from Tuesday.

Chrysler, VW lead February sales gains

U.S. auto sales led by Chrysler Group surged 16 percent in February, giving the industry its strongest showing in four years in a fresh sign that the recovery is gaining more traction. Total light vehicle sales rose to 1.15 million units as the seasonally adjusted sales annual rate hit 15.1 million.

Fuel protests halt Spanish car production

By Dimitri Pesin Motoring Issues 16 June 2008 10:25 Fuel protests in Europe triggered by the soaring cost of fuel have drastically reduced car production in Spain this month.  Last week's truck blockades and fuel depot pickets in Madrid caused car plants around the country to cut production. Seat, Citroen Peugeot, Ford, Nissan, Renault and Mercedes-Benz all have factories in Spain and most said they were affected.Seat production slashed by 40 percentSeat said its main Martorell plant was operating at 40 percent capacity, with production of the Leon and Altea models severely affected. However, the protests won’t delay sales of the new Ibiza, a spokesman promised, and assembly of cars in the factory is expected to return to normal this week.