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Rolls Royce to set up shop in South America
Sun, 23 Oct 2011Rolls Royce showrooms planned in South America The paradox of the current economic malaise is that luxury goods – and luxury cars in particular - seem immune from the problems of the mainstream. Rolls Royce – to many still the epitome of luxury motoring – is doing very well, and is now planning an expansion in to South America. The cynical may say that Rolls Royce want a piece of the drug money floating round South America in their coffers, but South America is far more than a bunch of drug barons freely spending illicit cash.
UK's emergency Budget 2010: how it affects motorists
Mon, 21 Jun 2010Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists. The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.
Hyundai Santa Fe (2012) first official pictures
Mon, 26 Mar 2012Hyundai will unveil its new Santa Fe SUV at the New York motor show in April 2012. The Koreans have committed to the Santa Fe name for its full-sized SUV, following on from its DM codename. That's no surprise: Hyundai has shifted 2.6 million Santa Fes since launch in 2000.