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Supermarkets launch new petrol price war

British supermarkets have launched a new fuel price war which will see petrol prices dip down below the 130 pence per litre mark. Sainsbury’s was first to move, by cutting a huge 6p per litre off the price of unleaded – taking prices down to 129.9p. How to find the cheapest fuel in your area Petrol: don’t waste time and money shopping around Asda quickly followed up by saying nobody will pay more than 128.7p for a litre of petrol.

Ford, GM work together on new nine-, 10-speed transmissions

Ford Motor Co. and General Motors are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs. The rivals say partnering on the automatic front- and rear-wheel-drive gearboxes will get them to market faster and cheaper than each automaker could do on its own.

Start up mobility van maker VPG shuts down

Van maker Vehicle Production Group -- recipient of a $50 million loan from the U.S. Department of Energy -- has suspended operations and is in the process of being sold, its former CEO said Wednesday. The Allen Park, Mich., company, which made MV-1 vans for the disabled, terminated about 100 workers and closed its offices in February.