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Lamborghini 'their choice' says Webb

IT WILL be up to pensioners whether they spend their retirement pot on a Lamborghini, Pensions Minister Steve Webb said as he defended a relaxation of rules announced in the Budget. Critics have warned that allowing pensioners to draw down the cash rather than being forced to buy an annuity will result in some blowing the fund and relying solely on state help. The luxury Italian sport cars sell for six-figure sums.

Ford Focus RS rolls off the production line

Ford has announced this afternoon that the much awaited Ford Focus RS has now started to roll off the production line at its plant in Saarlouis, Germany. Long awaited, and much anticipated, the Focus RS is going to be available in 20 countries throughout Europe, with its biggest markets being Germany and the UK. Ford Focus RS rolls off the production line The Focus RS has a number of unique features – apart from its performance – including a wider track and wheel arches, new front and rear bumpers and a choice of three colours – Ultimate Green, Performance Blue and Frozen White.

Porsche 918 Spyder (2010) at Geneva motor show

Porsche has shown off this stunning new 918 Spyder concept car on the eve of the 2010 Geneva motor show. It’s a mid-engined two-seater in the mould of the Porsche Carrera GT – a landmark supercar to showcase Porsche’s technical nous. Michael Macht, president and chief executive officer of Porsche, unveiled the 918 Spyder in Switzerland, and intriguingly proclaimed that Porsche has never shown a concept car that it hasn’t put into production… Porsche’s official press release was light on the details, but after the unveil Porsche’s R&D chief Wolfgang Durheimer talked CAR around the 918 Spyder and revealed some eye-popping figures for this part-electric hybrid supercar which weighs in at 'less than 1490kg'.