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Diesel hybrid cars avoid BIK penalty. Peugeot, Citroen & Volvo rejoice.

Peugeot 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.

CAR scoop: BMW and Toyota's joint sports car plot

BMW is buddying up with Toyota on an all-new sports car platform, set to underpin the replacements for the Z4, 6-series and GT86. The unlikely collaboration stems from an alliance that began in 2011, where BMW and Toyota agreed to co-develop next-generation lithium ion batteries, and for Toyota to use BMW’s fourpot diesels in its European cars. An engineering team is beavering away on the project, with the clock ticking: the suits want to outline the car’s specification before the end of 2013. What does BMW get out of the bargain?

New photos bring 2011 Chrysler 200 into clear view

We now have a better look at the 2011 Chrysler 200 sedan, courtesy of new photos from Chrysler. The updates to the Chrysler Sebring to convert it to the 200 include new front and rear fascia. The Chrysler badge will adorn the front, while a new rear decklid, LED taillights and brake lights round out the rear.