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UK's emergency Budget 2010: how it affects motorists

Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists.  The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.

EyesOn Design Awards 2010

Outstanding achievement in automotive design was recognized at the fifth annual EyesOn Design Awards held at the 2010 NAIAS in Detroit in January. Top honors were awarded to the GMC Granite urban utility vehicle in the Best Concept Vehicle category, and the Audi A8 luxury sedan for Best Production Vehicle. Frank Saucedo, Director of GM Design's California studio, and Clay Dean, Executive Director GM Advanced Global Design, accepted the award for the GMC Granite Concept and acknowledged the importance of recognition from their design peers.

Electric Cars not fit for the market say Car Industry bosses

Motor Industry bosses have said this week that the Electric car market is carnage and that EVs are not fit for primetime sales. We’ve made no secret of our views on electric cars: they’re simply not fit for the market. And now it seems motor industry bosses are finally standing up and saying much the same.