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Peugeot 308 hits almost 100mpg

Peugeot Peugeot has proved that three-figure fuel economy figures for petrol engines might not be too far from becoming a reality, as its new 308 has set what it claims is a record of 99.1mpg. The 2014 European Car of the Year, powered by a 1.2-litre turbocharged petrol Puretech engine, covered 1,124.7 miles on just one tank of fuel when tested on a track in Spain. Top 10 most economical carsPeugeot 308 review (2013 onwards) In doing so, it took more than 32 hours of driving to consume the 51.4-litre contents of its fuel tank.

Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

England to ban car park cameras?

Static cameras and ‘spy cars’ fitted with video surveillance equipment could be banned in England following communities secretary Eric Pickle’s statement that he wanted to “rein in over-zealous and unfair rules.” The government isn’t looking to eradicate parking enforcement altogether, however. The coalition stated that traffic wardens armed with cameras would be able to carry out the task instead, potentially at a reduced cost to the state over the current setup. On Bing: see pictures of the craziest double-yellow lines If drivers could stop on double yellow lines, parking chaos would ensue These fixed cameras and moving camera cars have issued more than £301 million worth of fines in over 10 million separate cases during the past five years, according to the Conservative party.