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Charles Morgan to build rival cars

Sacked Morgan boss Charles Morgan is to set up new sports car company that he says will rival the 104-year-old British car manufacturer that bears his family name and recently dismissed him. In a report in the Telegraph, Charles is quoted as saying his new company will “build on the innovation and heritage of my grandfather”. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader The news comes less than a month after Morgan lost his appeal against his dismissal from the Malvern carmaker his family set up in 1909.

Renault Gordini Return Confirmed

Renault has confirmed that the Gordini badge is to be revived. We’ve known this was on the cards for a while – the return of the Gordini badge – and we reported last week that Renault were going to announce their plans for a new Gordini range this week. And they have.

Supermarkets slash fuel prices for bank holiday

SUPERMARKETS have announced fuel-price cuts ahead of the August bank holiday getaway. From tomorrow Asda, Sainsbury's and Tesco are all reducing the cost of their petrol by up to 2p a litre, with diesel going down by 1p a litre. In Asda's case, this will take the price of its petrol to no more than 124.7p a litre, with diesel at 128.7p for diesel – its lowest prices since January 2011.