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European car sales down 5.2%

EUROPEAN UNION car sales are still sagging despite the return of modest economic growth. For the first eight months of the year, passenger car sales were down 5.2% to 7.84 million compared with the same period last year, the European Auto Manufacturers' Association said - the lowest January-August figure since the group started keeping records in 1990. New car registrations in August fell five per cent from a year ago to 653,872.

UK's emergency Budget 2010: how it affects motorists

Chancellor 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.

Jaguar to offer 4WD across its range – but does that mean for the UK too?

Jaguar has revealed it plans to offer all wheel drive models across its range for future models, but will the UK get the chance to buy a 4WD Jaguar? Not only was the lack of a four wheel drive platform hampering sales, but it was cited as one of the main reasons Jaguar hadn’t given the green light to an XF Estate. But things have moved on in the last couple of years and Jaguar has recently launched a 4WD XJ and 4WD XF (although not for the UK) and finally delivered the XF Sportbrake (but without a 4WD option).