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Petrol price hits three-year low
Fri, 22 Aug 2014THE PRICE OF FUEL at the pumps has fallen to a three-year low, according to AA figures. As of yesterday, the UK average petrol price was 129.12p a litre - the lowest since February 23 2011 - while the average diesel price was 133.55p a litre, the lowest since February 6 2011. AA public affairs head Paul Watters said: "Asda triggered something of a supermarket price war on Tuesday, which was enough to send average UK pump prices to their lowest for more than three years.
Bloodhound SSC – 1000mph World Record plan
Tue, 24 Nov 2009The Bloodhound SSC – aims to hit 1,000mph The current world record stands at a relatively measly 763mph (measly certainly in comparison to the target set by the Bloodhound SSC Team) and the technical obstacles the Bloodhound team has had to overcome to get their record attempt on target have been substantial. The Bloodhound design has gone through ten evolutions in the last year and has now settled on a plan that has overcome initial obstacles. The first evolution of the Bloodhound saw the 200kg rocket sat above the EJ200 Eurofighter Typhoon jet engine, but that didn’t develop sufficient thrust.
D-day for General Motors: GM files for bankruptcy
Tue, 02 Jun 2009By Tim Pollard Motor Industry 02 June 2009 06:57 General Motors today faces the humiliation of collapsing into bankruptcy. It marks the 1 June deadline imposed by US president Barack Obama for the General to sort out its business – or seek protection from creditors in the bankruptcy courts. As we’re all too painfully aware, GM has been unable to perform miracles, triggering one of the greatest industrial collapses seen in American corporate history.