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Milestone in life matched by car change

MOST DRIVERS in the UK mark key milestone moments in their life with a change of car. Four out of five British drivers say they will change their car to give their first-born child a more comfortable drive home, while others say they would swap cars if they won the Lottery. A survey by the AA found that 26% of drivers will change to a new car if they start a new job, while 21% decide on a different car because of retirement.

Road management proposals 'could save millions'

£2.6 MILLION IN TAXES could be saved over the next decade by reforming how roads are managed, the Department for Transport has said. Roads Minister Robert Goodwill unveiled a consultation on turning the Highways Agency into a Government-owned company. In a statement to MPs, Mr Goodwill said the reforms would mean the creation of a "road user watchdog" similar to Passenger Focus on the railways.

Panasonic invests $30 million in Tesla Motors to develop batteries

Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.