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British motor show axed for good?

The British motor show will not go ahead in 2012, the organisers confirmed today. The Society of Motor Manufacturers and Traders dashed hopes that the UK expo could return after the recession put stop to 2010's event - effectively ending over a century of UK motor shows. 'The British International Motor Show has been a tremendously successful showcase for the UK motor industry,' said SMMT chief exec Paul Everitt.

Rumour: Aston Martin One-77 gets canned – or does it?

Aston Martin is really struggling at the moment. Discounts abound (particularly on ’08 model year cars – you can have a V8 Vantage Roadster for not much over £60k, and a DB9 for £75k), and new car sales are as rare as hens teeth. Not surprisingly, there have been deep job cuts, and the dealer network is really struggling to survive.

Money Advice Service’s Online Tool Helps Buyers Choose Wisely

NEW researched published by the Government-backed Money Advice Service (MAS) has found more than half of people who purchased a used car underestimated the running costs. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated, while one in five (20%) have resorted to going into debt just to keep their vehicle on the road. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.