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Electric Cars now VAT free in Iceland

Electric Cars in Iceland now VAT free The Icelandic Government has decided to remove VAT on electric cars to bring EV costs in line with ICE prices. We don’t believe that Governments should be promoting EVs and Hybrids by giving tax breaks to buyers. In a country like the UK – and most other countries – promoting EV cars at the taxpayers expense is a nonsense.

Production Peugeot RCZ R revealed ahead of Goodwood FoS debut

Production Peugeot RCZ R (pictured) revealed Peugeot promised a more powerful RCZ – the RCZ R – at the Paris Motor Show last year, and subsequently confirmed it would arrive at the 2013 Goodwood Festival of Speed. Now, with the FoS kicking off today with the Moving Motor Show, Peugeot has revealed photos of the production RCZ R – painted in sporty red – and given us some proper specs. As we already knew, the RCZ R makes use of the PSA/BMW 1.6 litre turbo petrol the regular RCZ already has, but in the R’s case Peugeot has managed to turn the wick up to 11 and delivered 270bhp.

GM sets price on Chevrolet Corvette Competition Sport package

Chevrolet has set the sticker price for the Corvette Competition Sport packages it announced last week. Be prepared to spend $55,655 for a Corvette coupe with the 1LT trim level and the Competition Sport package. Adding the package to the Corvette Z06 with the 1LZ trim brings the bottom line to $74,775.