03 Troy Bilt Idler Pully (black) ,used. on 2040-parts.com

Cost of fuel has increased 50% in seven years

THE PRICE of fuel in the UK has increased by over 50% in just over seven years, according to a recent investigation. A study conducted on behalf of Asda Money indicates that the cost of fuel in the UK has risen from around 90p per litre at the start of 2006 to the current average of around £1.38. The Autumn Statement from the Chancellor of the Exchequer cancelled the proposed rise in fuel duty that was due to come into force on the first of January 2013, and which had already been postponed once, but UK motorists are still paying out at the pumps.

Lotus gets a new boss – former Citroen Peugeot President Jean-Marc Gales

Jean-Marc Gales left) new Lotus CEO with Aslam Farikullah Following the debacle of Dany Bahar’s grandiose plans to turn Lotus in to a cross between Aston Martin and Ferrari, owners DRB-HICOM/Proton have been busy trying to get ship Lotus back on an even keel. That started with the appointment of engineer Aslam Farikullah as chief operating officer at Lotus when Bahar got his marching orders, and he’s been busy for the last two years bolting Lotus back together, cutting costs, improving quality and increasing sales. Now, it looks like Lotus are readying themselves for the next stage of their recovery – which will include new models – as former PSA president Jean-Marc Gales is appointed as Lotus CEO to work with Aslam Farikullah.

Ferrari smashes world record

By Jack Rix Motor Shows 13 June 2007 03:53 Another record for Ferrari? Ferrari has set a new record on the Silverstone circuit – but this one didn't involve F1 car heroics or three figure speeds. Ferrari GB and the Ferrari Owners Club set a new world record for the 'largest parade of Ferrari cars,' tripling the previous effort.