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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.

Local Motors XC2V Competition

Local Motors, producer of the Rally Fighter, has teamed up with the Defense Advanced Research Projects Agency (DARPA) to host a design contest. The partnership, which was made possible within the Adaptive Vehicle Makes initiative, aims to create an Experimental Crowd-derived Combat-support Vehicle (XC2V), exploring the potential of a crowd-sourced design for military use. The initiative to develop a crowd-derived vehicle body design for the US military was created in an effort to decrease the time and developmental costs associated with creating niche military vehicles.

50 Years of Bond Cars at the National Motor Museum

Release the oil slick, raise the bulletproof rear screen and push the red ejector seat button in anticipation of what promises to be one of the must-see automotive attractions of 2012: Bond in Motion. Tell me more, Moneypenny 2012 will mark the 50th anniversary of Sean Connery's first utterance of the icnonic 'the name's Bond, James Bond' line, and to celebrate this celluloid milestone the National Motor Museum at Beaulieu is hosting Bond in Motion, an exciting exhibition of the fictional spy's 50 most recognisable vehicles. The year-long display of 007's cars, motorbikes, boats and other unlikely forms of transportation promises to be the largest of its kind anywhere in the world.