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Boris planning war on diesel car drivers – London Mayor wants drivers of diesel cars to pay more

Boris wants to charge diesel cars an extra £10 to enter London We’ve long banged on about the nonsense of basing the cost of motoring on the Co2 emissions of cars, and it seems the London Mayor, Boris Johnson, also realises that Co2-based taxation has led to a real pollution problem. As we reported as far back as 2010, petrol cars – certainly before the introduction of Euro 6 emissions recently – are far cleaner than diesel cars when it comes to the sort of stuff that really matters – NoX and particulates. And the problem has been exacerbated by basing car taxation on Co2 emissions as lower Co2 levels have been much easier for car makers to achieve on diesel engines, which is why diesel-engined cars now account for around 50 per cent of all cars sold in the UK.

Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.

U.S. Transportation Department says no defect found in Toyota's electronic throttles

The U.S. Department of Transportation said Tuesday that electric systems and electromagnetic interference did not play a role in unintended acceleration involving Toyota Motor Corp. vehicles.