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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.

GM to import more Chevy Spark minicars from Korea

General Motors is increasing imports of Chevrolet Spark minicars for sale in the United States following a stronger-than-expected launch here. GM recently upped its order for Sparks from the Korea plant that produces the car, Cristi Landy, marketing director for Chevrolet small cars, told Automotive News. “We've asked for more already,” Landy said Wednesday.

Formula One: Whitmarsh says McLaren won't give up on 2011

McLaren-Mercedes team boss Martin Whitmarsh says his team wants to win the remaining races of this season while also taking the opportunity to test development parts for its 2012 car. Whitmarsh says that the conclusion of both the drivers' and constructors' title battles--with Red Bull Racing claiming both crowns--has made no difference to McLaren's approach. “There's not been a great distinction,” Whitmarsh said on Friday ahead of next weekend's inaugural Indian Grand Prix.