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Car Finance: ING withdrawal sees Bridford & DSG merge

The withdrawal of ING from the UK car finance market has led to the merger of Bridford Financial Solutions and DSG Financial Services. The resilience of the UK’s luxury car market is, to a great degree, driven by the availability of decent finance deals to secure a sale, and much of that business was underwritten by ING. But ING has withdrawn from the UK car finance market.

Detroit auto show: Ford Mustang Boss 302R breaks cover

Some 40 years after Parnelli Jones drove a Bud Moore-built Boss 302 Mustang to the Trans-Am championship, Ford Racing has unleashed a new Boss 302R. The new Boss is an off-road-only Mustang that comes from the factory race-ready. Each of the limited-to-50 cars will come fitted with a 5.0-liter four-valve V8 and six-speed manual transmission.

Germany plans to charge foreigners to drive on the Autobahn

Germany plans to charge foreigners to drive on the Autobahn It seems Germany is planning to charge to use the Autobahn network – just as France does – but it plans to levy the charge just on foreign visitors. The plan is part of a deal by Angela Merkel’s Social Democrat party to form a new coalition and would see all non-German drivers paying a fixed toll to use the Autobahns. But the plan is coming under fire from neighbouring countries (Germany has borders with nine other countries) and even from its own version of the AA – the ADAC – who say the revenue likely to be raised – around £220 million – will do little to address the costs.