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Drivers' 'huge petrol tax burden'

BRITISH DRIVERS are still facing a huge petrol and diesel tax burden despite three years of fuel duty freezes, according to the RAC Foundation. The UK has the highest rate of diesel tax in Europe while only Sweden imposes a higher petrol tax duty than the UK, the foundation said. Its figures showed that tax accounts for 59% of the price of diesel in the UK, with Sweden (56%) second and Italy (55%) third.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.

Lamborghini Gallardo pays homage to longtime test driver

Lamborghini is paying tribute to its longtime test driver, Valentino Balboni, by putting his name on a limited run of rear-wheel-drive Gallardos. It's called the LP 550-2 Valentino Balboni, which denotes the 550-hp rating. It's the only current Lamborghini that channels power to just the rear wheels.