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Lexus LFA says goodbye on video

The Lexus LFA says goodbye in a tribute video The very last Lexus LFA was produced in December 2012, and the last LFA destined for Europe in March 2013, so now, with the LFA consigned to the annuls of Toyota’s car history, Lexus has decided they should pay tribute to their very special supercar. It took a decade to get the LFA from initial concept to production, and much changed in that time. But the end result was worth the wait, even if the price tag – north of £300k – made the LFA a car only for the properly wealthy petrolheads.

Mercedes AMG has best year ever

With car sales plummeting in 2008 (and likely to be worse in 2009) there aren’t many bright spots around. But performance saloons are certainly one of them. As we reported back in December, BMW’s M Division had a cracking year, with sales of nearly 27,000 for the year.

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.