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Diesel hybrid cars avoid BIK penalty. Peugeot, Citroen & Volvo rejoice.

Peugeot 3008 HYbrid4 is the first car to benefit from BIK rates on diesel hybrids As a company car driver the Inland Revenue gets its cut no matter what. With BIK rates set based on CO2 emissions and list price, it’s hard to find a way to beat the system. Even opting for a diesel car doesn’t help because, despite much better economy on the whole from diesels than petrol engined cars, HMRC adds an extra 3% to your BIK rate because diesels emit more of the stuff that matters – particulates and NOx – than a petrol-engined car.

BMW offers M Performance Parts for 3- and 5-series

BMW opened up its M Performance Parts catalog to the new 3- and 5-series, the company said on Friday. The German automaker will offer chassis, brakes, aero upgrades and exhaust improvements for the 2012 3-series and the 2011-12 5-series. BMW revealed the line for its diesel cars in Europe in January, but those cars won't be coming here.

Jaguar F-Type Coupe caught on video at Nurburgring

The Jaguar F-Type Coupe (pictured) testing at the Nurburgring The new Jaguar F-Type is a fine looking car, but the F-Type Coupe looks set to be the real looker, and we shouldn’t have to wait too long before the coupe hits a motor show (probably Frankfurt in September). Ahead of that reveal – with a likely on-sale date of early 2014 – Jaguar are out playing with the F-Type Coupe at the Nurburgring, blatting it round the ‘Ring’s unforgiving surfaces and bends to shake the last niggles out before launch. This particular F-Type is undoubtedly the V8 S – which we expect will get the same 495bhp output as the V8 S Roadster – and it sounds great; a wonderful V8 roar as it pounds round the track.