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Mercedes GLA Concept leaks ahead of Shanghai Motor Show debut

But ahead of a debut of the production ready GLA at Frankfurt, Mercedes are taking a GLA Concept – which is pretty much what the production version will be – to the Shanghai Motor Show this month. But it’s arrived early. Thanks to a German website publishing the pictures ahead of time (which they’ve subsequently removed) we get our first look at Mercedes latest addition to the A Class family – and it does look quite convincing.

Barclays bids bye-bye to 'Boris Bikes'

BARCLAYS is to end its sponsorship of the so-called Boris Bikes, introduced by London Mayor Boris Johnson to the capital in 2010. The bank's logo has adorned the blue cycles since their introduction three years ago.But Transport for London (TfL) will be forced to look for a new sponsor after Barclays announced plans to discontinue with the deal at the end of its contract in 2015. The bikes were launched amid much fanfare in August 2010, with nearly a million journeys made within the first 10 weeks of the scheme being rolled out.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.