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Lamborghini 'their choice' says Webb

IT WILL be up to pensioners whether they spend their retirement pot on a Lamborghini, Pensions Minister Steve Webb said as he defended a relaxation of rules announced in the Budget. Critics have warned that allowing pensioners to draw down the cash rather than being forced to buy an annuity will result in some blowing the fund and relying solely on state help. The luxury Italian sport cars sell for six-figure sums.

Diesel and hybrid sales up for 2012

When gasoline prices go up, sales follow—especially sales of diesel and hybrid cars. Diesel sales have risen a whopping 35 percent in the first quarter of 2012, according to data compiled by www.hyrbidcars.com and Baum and Associates. A total of 28,260 oil burners changed hands.

Government launches CO2 website

By Ben Pulman Motor Industry 03 August 2007 09:56 Just as CAR Online has launched its Green cars section so the government has stepped up its ‘Act on CO2’ campaign. Earlier this week, at the SMMT (Society of Motor Manufacturers and Traders Ltd) HQ in London, Transport Minister Jim Fitzpatrick unveiled the Department of Transport’s online ‘Best on CO2’ car rankings. The new website - www.dft.gov.uk/ActOnCO2 - lists all the cars on sale.