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UK has 'highest car running costs'

THE UK is the most expensive country in the world for running a car, according to a new survey. Comparing the cost of fuel, insurance, road tax and MOT, on average it costs the UK motorist £3,453 a year, which is £1,000 more than in the USA and Australia, £1,825 than Japan and a full £2,000 more than in China. The survey, conducted by Webuyanycar.com, compared the cost of motoring in 21 countries on five continents, and revealed that on many fronts the UK motorist is paying more than anyone else.

Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.

Redesigned Ford Focus expected to get 40 mpg on the highway

The redesigned 2012 Ford Focus will get an estimated 40 mpg in highway driving with an all-aluminum 2.0-liter engine mated to a six-speed, dual-dry-clutch automatic transmission. The normally aspirated engine combines variable camshaft timing and high-pressure direct fuel injection to crank out 160 hp and 146 lb-ft of torque. That compares with 140 hp and 136 lb-ft from the aluminum 2.0-liter engine used in the current-generation Focus.