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GM seeks $16 billion more in U.S. help

GM asked the federal government on Tuesday for as much as $16.6 billion in additional federal aid to help it survive. Without the new funding, the automaker could run out of money sometime in March. Under the plan submitted to the U.S.

Skoda confirms two new models

Skoda Vision D at Geneva - Skoda's new design direction It’s now got to the point with Skoda where the skip-on-wheels reputation of the ’70s and ’80s – and even the ‘Cheap’ VW tag of the ’90s and ’00s – has been completely eclipsed by the perception of Skoda as quite simply the maker of some crackingly good cars. Cars like the brilliant little Skoda Fabia vRS – which we’d take over the Polo GTI (much more character) – and the equally brilliant Skoda Yeti which, although it might not quite live up to Clarkson’s recent tongue-in-cheek assertion as the best car in the world is, nonetheless, exceptionally good. That change in perception is clear in the confident model range on offer from Skoda and the clever way in which it’s marketed.

New car sales surge by 7.6%

THE SURGE in new car sales has continued into the new year. There were 154,562 new vehicles registered last month, a 7.6% rise on January last year, the Society of Motor Manufacturers and Traders (SMMT) said. The society said sales of alternatively fuelled vehicle increased by 25%.