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Petrol price hits three-year low

THE PRICE OF FUEL at the pumps has fallen to a three-year low, according to AA figures. As of yesterday, the UK average petrol price was 129.12p a litre - the lowest since February 23 2011 - while the average diesel price was 133.55p a litre, the lowest since February 6 2011. AA public affairs head Paul Watters said: "Asda triggered something of a supermarket price war on Tuesday, which was enough to send average UK pump prices to their lowest for more than three years.

Rolls Royce to set up shop in South America

Rolls Royce showrooms planned in South America The paradox of the current economic malaise  is that luxury goods – and luxury cars in particular - seem immune from the problems of the mainstream. Rolls Royce – to many still the epitome of luxury motoring – is doing very well, and is now planning an expansion in to South America. The cynical may say that Rolls Royce want a piece of the drug money floating round South America in their coffers, but South America is far more than a bunch of drug barons freely spending illicit cash.

Shelby-Prudhomme Super Snake Ford Mustang takes another chomp

This isn't a wheels-and-wings, limited-edition Mustang kit. Horsepower entrepreneur Carroll Shelby and drag-racing legend Don Prudhomme teamed up to produce the Prudhomme Edition Shelby Super Snake, an 800-hp monster Mustang based on 2007 and later Shelby GT500s. The Snake features a Kenny Bell/Shelby supercharger under a custom forward-tilting fiberglass hood.