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Half of all used cars go wrong ‘within a month’

With over seven million secondhand cars purchased in 2012, you’d expect one or two to develop a problem soon after purchase. But rather shockingly, as many as half of all used cars sold develop faults within a month of changing hands. That’s according to a report by the Citizens Advice Bureau, which helped with over 84,000 problems with secondhand motors in the past 12 months.

Ford to sell Aston Martin

By Georg Kacher Motor Industry 31 August 2006 02:39 The world’s two biggest luxury goods firms – including the conglomerate behind brands like Moet and Louis Vuitton – are locked in a battle to buy Aston Martin from cash-starved Ford. Ford announced today that the British sports car manufacturer would be sold and CAR has learned that Swiss-based Richemont and the French holding company LVMH have emerged as most likely to take on Aston despite having no previous experience in the car industry. Ford desperately needs to tap into the potential $700m-$1bn the sale of Aston could generate and hopes to finalise a deal by the end of the year.

Congestion charge to rise by 15%

THE LONDON congestion charge is to rise from £10 a day to £11.50; a sudden 15% increase. The increase, the first since 2011, will take effect from June 16, Transport for London (TfL) has said, although the rate for those on the auto-pay system, and also for fleet customers, will be £10.50 per day. TfL said that customer improvements will be introduced next year, including direct debit payments for auto pay customers, online discount applications, and easier NHS patients and staff reimbursement.