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Updated 2014 Volkswagen Polo prices confirmed

Volkswagen has confirmed its new 2014 Polo supermini will go on sale in the UK on 23 April 2014, with prices starting from £11,100 for the entry-level 60hp 1.0-litre S variant. Prices rise to £19,715 for the range-topping five-door Polo Blue GT model fitted with VW’s 150hp 1.4-litre TSI petrol turbo engine with cylinder deactivation technology. It is mated to a six-speed manual as standard, or the firm’s seven-speed DSG gearbox as an option.

BID TO SLOW TRAFFIC ON M3 STRETCH

FIRST it was a stretch of the M1 and now the same speed reduction plan has been announced for a stretch of the M3 motorway in Surrey and Hampshire. The Highways Agency (HA) has proposed that a three-mile section of the M3 between junction 3 at Lightwater in Surrey and junction 4 near Farnborough in Hampshire be subject to a 60mph restriction. This section is part of a 13.4-mile stretch that is being upgraded in a £174 million scheme, with the 60mph proposal, to operate between 7am and 7pm daily so air quality levels can be met.

Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.