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Ferrari F450 prototype spied as F430 successor heads for Frankfurt debut

Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year. From this prototype, spotted being loaded into a hauler, we see that the styling is updated but not a radical departure from the F430. The new model designation comes from an increase in displacement for the V8 to 4.5 liters.

UK Budget 2008 'leaves motorists £1.6bn worse off'

By Tim Pollard Motoring Issues 12 March 2008 12:08 UPDATED... The UK's 2008 Budget has introduced a major car tax shake-up that will leave Britain's motorists £1.6 billion worse off, according to the Opposition. Motorists driving the highest polluting cars face tax hikes of up to £950 in showroom levies from April 2010.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.