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Families spending less on transport - new figures revealed

THE LATEST Family Spending data shows that UK households spent £489 on average per week in 2012, according to the Office for National Statistics. Once inflation is taken into account, average spending has decreased since 2006 when households spent £526.40. Transport has seen the biggest spending reduction taking inflation into account, falling from £87.10 per week in 2001/2002 to £64.10 in 2012 despite the price of petrol increasing substantially over this period.

Ford's legendary Mustang turns 50

THE ICONIC Ford Mustang has reached its 50th birthday and the largest gathering of racing models ever in the UK is being planned to mark the occasion. More than 25 race-prepared Mustangs are being assembled for the Silverstone Classic event on 25-27 July. Among the cars entered for the race there are several famous models from the cars early days in the 1960s, as well as many that are regularly raced today in historic competitions.

CAR tech: why Porsche needs hybrids

At the launch of the 997-generation 911 Turbo in 2006, Porsche faced a daunting future. Anti-car chatter from EU legislators proposed banning anything that produced more than 241g/km of CO2 and exceeded 101mph. ‘We’ll have to close if the European Commission decides that every carmaker must reach [these targets],’ a Porsche exec told CAR.