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UK Government cuts car aid, EV grants at risk

By Tim Pollard Motor Industry 30 June 2010 15:48 Britain's business secretary Vince Cable today fired a warning shot across the bows of the car industry, saying that subsidies would end and warning that the pledged £5000 subsidy off the first electric cars was in peril.'Our starting point is very clear,' he told delegates at an automotive summit arranged by the Society of Motor Manufacturers and Traders. 'We've moved on from the era of subsidies. We just have to be realistic about what's affordable.'Cable said the new coalition Conservative-Liberal Government had not yet decided whether or how to implement the new low-carbon vehicle subsidies promised under Labour, which had set aside £250m in initial funding.'It is still actively under consideration,' said Cable.

Aston Martin V12 Zagato ready to rock at the Nurburgring

Aston Martin V12 Zagato at Nurburgring - Zag at play We’ve had plenty to look at with the Aston Martin V12 Zagato in the last few weeks, especially when it turned up, resplendent in red, at Villa d’Este and walked away with 2011 Design Award for Concept Cars and Prototypes. But it’s an Aston Martin, so beauty is a given. But what about performance?

More 'Cars' coming from Pixar

Pixar is developing a third feature installment of its "Cars" franchise, according to Disney chairman and CEO Robert A. Iger. Not much is known about "Cars 3," but speculation says it won't be in theaters for another two years or more.