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F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!

2014 BMW X3 Facelift and more efficient engines

The 2014 BMW X3 (pictured) gets a facelift and new engines The current version of the BMW X3 SUV has been with us for more than three years, so BMW are giving it a bit of a mid-cycle facelift and more frugal engines to keep the X3 on top of its – very successful – game. Engines on offer for the 2014 X3 include the 2.0 litre diesel in the sDrive18d which offers 148bhp and 56.8mpg and the 187bhp in the X3 xDrive20d which returns 52.3mpg, the xDrive30d – which gets the 3.0 litre diesel unit – with 254bhp and 47.9mpg and the X3 xDrive35 which has an impressive 309bhp but still manages official economy of 47.1mpg. When it comes to the cosmetic facelift bits, BMW hasn’t really pushed the boat out, but the new X3 does get a new headlight design which is sleeker, new front and rear bumpers and a new surround for the kidney grill, which all contrive to make the new X3 look even more like a baby X5.

Ford Mondeo/Fusion unveiled at 2012 Detroit show

Ford unveiled its new 2013 Mondeo at the Detroit auto show - the new Mondeo is in fact now a Fusion in Euro drag. Under the One Ford rules, most major car projects are in fact global affairs, so the Mondeo follows in the footsteps of the Focus, also unveiled in Detroit two years ago and brought to Europe a year later. We'll have a similarly long wait for the Ford Fusion to make the leap to the European Mondeo, with a launch slated for spring 2013.