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UK's emergency Budget 2010: how it affects motorists
Mon, 21 Jun 2010Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists. The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.
Hyundai blamed for France’s economic woes
Thu, 30 Aug 2012French Industry Minister Arnaud Montebourg has accused Hyundai Kia of ‘Dumping’ cars in the French market. In an apparent bid to galvanise the workforce of PSA and Renault to emulate French Farmers by setting fire to the competition, French Industry Minister, Arnaud Montebourg, has claimed that Hyundai and Kia are ‘Dumping’ cars in to the French market to undermine sales of Peugeot, Citroen and Renault. Well, he would, wouldn’t he?
Hyundai ix-Metro, first hybrid and electric car
Fri, 04 Sep 2009By Tim Pollard First Official Pictures 04 September 2009 00:01 Hyundai is taking aim at Nissan's Qazana with its new ix-Metro concept car at the 2009 Frankfurt motor show. The compact utility vehicle is one of a burgeoning number of small 4x4s in the pipeline – and is set for production within two years. The Hyundai ix-Metro will drop its BL/Rover inspired name and instead adopt the ix-15 or ix-25 moniker when production starts, slotting in neatly under the new, Tucson-replacing ix-35.



