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Diesel hybrid cars avoid BIK penalty. Peugeot, Citroen & Volvo rejoice.
Fri, 18 Nov 2011Peugeot 3008 HYbrid4 is the first car to benefit from BIK rates on diesel hybrids As a company car driver the Inland Revenue gets its cut no matter what. With BIK rates set based on CO2 emissions and list price, it’s hard to find a way to beat the system. Even opting for a diesel car doesn’t help because, despite much better economy on the whole from diesels than petrol engined cars, HMRC adds an extra 3% to your BIK rate because diesels emit more of the stuff that matters – particulates and NOx – than a petrol-engined car.
GM files plan for stock offering
Wed, 18 Aug 2010General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.
Toyota NS4 Plug-in Hybrid teased on video
Thu, 05 Jan 2012Toyota NS4 Plug-in Hybrid Video Tease Ahead of a reveal at the Detroit Motor Show, we get another tease for the Toyota NS4 Plug-in Hybrid, this time with a video. We’ve already had a tease for the new Toyota NS4 Plug-in Hybrid, which arrived just before Christmas with very little detail and just a single teaser photo of the offside headlight. Now with the Detroit Motor Show looming, Toyota has churned out a video tease for the NS4, but we’re still none the wiser.