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Volkswagen creates R division for sporty cars

Volkswagen is officially creating a company to develop sporty cars; it will be called Volkswagen R GmbH. This may sound familiar--VW already calls some of its specialty cars Rs--and now it's bundling sales and development all into one unit. VW has the Scirocco R and the Golf R for cars, as well as the dynamic R Line of design trims.

Hamilton targets winning streak

LEWIS HAMILTON knows he needs another run of four successive victories if he is to overhaul team-mate Nico Rosberg in the race for this year's Formula One world title. It is a feat Hamilton managed earlier this campaign after Mercedes rival Rosberg won the season-opening grand prix in Australia where the Briton retired. Hamilton then triumphed in Malaysia, Bahrain, China and Spain, clawing back the 25-point deficit, with Rosberg forced to settle for the runner-up spot on each occasion.

Chancellor to ‘freeze fuel duty’ until 2015?

The chancellor of the exchequer, George Osborne, has announced that fuel duty will be frozen until 2015 – if the savings can be found to pay for it. The announcement came during a speech at the Conservative party conference, in which George Osborne said: “Provided we can find the savings to pay for it, I want to freeze fuel duty for the rest of this parliament.” The 2p-a-litre rise planned by the Labour government for September 2014 would be cancelled, continuing a freeze that has lasted two-and-a-half years already. But this is conditional on the treasury finding the funds to cover it.