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Petrol prices reach three-year low

PETROL PRICES are at a three-year low, with Yorkshire and Humberside remaining the cheapest area, according to figures from the AA. But the good news for drivers is offset by a real-terms dip in earnings which has pushed wages back to 2002 levels adjusting for inflation, the AA added. Petrol forecourt prices across the UK averaged 129.46p a litre in mid March compared to 129.63p in mid February.

GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

2013 BMW 3 Series Touring arrives

2013 BMW 3 Series Touring BMW has revealed the new 2013 3 Series Touring, the estate version of the new 3 Series. Goes on sale in September in the UK. The car that makes BMW’s finances tick is the 3 Series, and we got an all new BMW 3 Series saloon last year so BMW could continue to dominate the sector it has owned for so long.