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Petrol prices reach three-year low

PETROL PRICES are at a three-year low, with Yorkshire and Humberside remaining the cheapest area, according to figures from the AA. But the good news for drivers is offset by a real-terms dip in earnings which has pushed wages back to 2002 levels adjusting for inflation, the AA added. Petrol forecourt prices across the UK averaged 129.46p a litre in mid March compared to 129.63p in mid February.

Who's Where: Lorenzo Ramaciotti appointed Chief of Design for Fiat Group

Starting June 1, 2007 Lorenzo Ramaciotti will become the new Group Chief of Design at Fiat Group Automobiles. Ramaciotti was snatched up by Fiat CEO Sergio Marchionne and convinced to head the company's design direction, filling a newly created position that hasn't previously existed at Fiat. Lorenzo Ramaciotti, who retired from Pininfarina in June 2005 after working for the famed coachbuilder for 32 years, will be responsible for all the Fiat Group brands, including Alfa Romeo, Lancia and Maserati.

Experts Urge Buyers To Focus More On Depreciation Than Fuel Economy

FOCUS more on a car’s value not its fuel economy if you want to save money. That’s the advice from leading valuation experts CAP Automotive. According to the independent experts, millions are wasted by drivers who focused on performance at the pumps when they chose their car, instead of the real cash-killer - depreciation.