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Petrol prices reach three-year low

PETROL PRICES are at a three-year low, with Yorkshire and Humberside remaining the cheapest area, according to figures from the AA. But the good news for drivers is offset by a real-terms dip in earnings which has pushed wages back to 2002 levels adjusting for inflation, the AA added. Petrol forecourt prices across the UK averaged 129.46p a litre in mid March compared to 129.63p in mid February.

Tease of 2013 Lexus LS sedan now on Facebook

Lexus is joining the social teasing party by uploading a darkened, smoky image of the redesigned 2013 Lexus LS sedan. We can't see much, but we do get a sense of the general shape of the car, which looks to be a bit more streamlined than the model it replaces. An earlier teaser shot showed the front end of the new LS.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.