Luxury car price crash in China

Mercedes in China offering 25 per cent discounts on S Class Mercedes, BMW and Audi are having to offer discounts of up to 25 per cent on luxury cars in China to shift stock. The huge Chinese car market has been seen as a sales salvation for Western car makers; the automotive equivalent of shooting fish in a barrel. But it looks like that’s all changing, particularly at the luxury end of the market.

UK car tax rises 'won't work'

By Tim Pollard Motoring Issues 29 May 2008 10:56 The UK Government's proposed tax rises won't deter drivers from picking a high-CO2 car, new research by CAR reveals. We surveyed more than 1000 motorists and asked if the new charges – quadrupling the annual tax bill for some cars – would put them off so-called gas guzzlers. Surprisingly, 76 percent of drivers said it wouldn't deter them one jot.

Hamilton clairifies Vettel comments

LEWIS HAMILTON has been forced to clarify comments after suggesting Sebastian Vettel was boring Formula One fans. Hamilton voiced his frustration in the wake of Sunday's Korean Grand Prix as Vettel won his fourth successive race to stretch his championship lead over Fernando Alonso to 77 points. With Vettel now on the brink of his fourth consecutive world title ahead of this weekend's race in Japan, Hamilton likened the 26-year-old's domination to that of Michael Schumacher a decade ago.