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Vauxhall: Three new engine ranges arriving in next year

Vauxhall Mokka - a likely recipient of the new Vauxhall engine range Vauxhall – and we assume Opel – are planning three new engine ranges to launch in the next twelve months. Vauxhall has revealed that they are planning a wholesale revamp of their engine range with the launch of three new engine ranges in the next year, starting with a new 1.6 litre turbo petrol. The new turbo petrol engine will get direct injection and start-stop technology that Vauxhall say will cut fuel consumption by 13 per cent.

Diesel hybrid cars avoid BIK penalty. Peugeot, Citroen & Volvo rejoice.

Peugeot 3008 HYbrid4 is the first car to benefit from BIK rates on diesel hybrids As a company car driver the Inland Revenue gets its cut no matter what. With BIK rates set based on CO2 emissions and list price, it’s hard to find a way to beat the system. Even opting for a diesel car doesn’t help because, despite much better economy on the whole from diesels than petrol engined cars, HMRC adds an extra 3% to your BIK rate because diesels emit more of the stuff that matters – particulates and NOx – than a petrol-engined car.

Lamborghini reports drop in profits

Lamborghini has announced a pre-tax loss of £32m for 2009 as the world recession led to a slump in supercar sales. Lambo delivered 1515 supercars last year, down 38% from 2008's 2430.  Turnover dropped 41% to £215m. It's a far cry from the dizzy heights of the boom years.