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UK Budget 2011: the outcome for motorists

UK chancellor George Osborne announced the 2011 budget today - which includes fuel duty cuts and changes to car tax that will affect every motorist in the land. 2011 Budget changes to fuel duty The Government will cut 1p in fuel duty, effective from 6.00pm tonight. Osborne said the fuel tax cut was designed to offset rising fuel prices, which have burdened every driver with higher bills. And the current inflation-linked 'fuel price escalator', established by the previous Government, has been abolished. Further fuel duty rises in line with inflation have been deferred until 1 January 2012. The planned 1 April 2012 fuel duty rise will be deferred to 1 August 2012.

New concepts to be revealed at Pebble Beach

The international auto show in Frankfurt is but a few weeks away, yet for important new cars in the American market there's further proof that traditional auto shows such as Detroit are being shunned as launch venues in favor of more exclusive and pretigious events. That's because Cadillac, Infiniti, Lexus, Lotus and possibly a few others are set to reveal new production and concept cars at the Pebble Beach Concours d'Elegance later this week. Lexus is set to unveil its production GS350 (previewed by the Lf-Gh concept in New York earlier this year), the fourth generation of its luxury sports sedan, on August 18, while Cadillac's 2013 ATS will also be revealed.

Mitsubishi CEO pledges to stay in U.S., wants to quadruple sales

Mitsubishi Motors Corp. President Osamu Masuko says the company won't pull out of the U.S. market and that his personal mid-range sales target is 200,000 units a year, or roughly four times today's level of 50,000.