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50,000 new drivers lose licence within two years

Under current legislation, any new driver who receives six (or more) penalty points within two years of passing their test automatically has their licence revoked. Swiftcover.com has been sifting through the official data, and found that almost 50,000 new drivers have been banned in this fashion in the last four years. On Bing: see pictures of new drivers Find out how much a first car costs on Auto Trader The data, which comes from the Drive and Vehicle Licencing Agency (DVLA), reveals that 48,983 drivers have had their licence revoked under the 1995 Road Traffic (New Drivers) Act since 2009.

2013 Chevy, GMC trucks recalled for roll-away risk

General Motors is recalling 69,000 2013 full-size trucks and vans that could shift out of “park” and roll away. The recall impacts the Cadillac Escalade; the Chevrolet Avalanche, Express, Silverado HD and LD, and Suburban and Tahoe; and the GMC Savana, Sierra HD and LD, and Yukon and Yukon XL. The trucks may have been built with a fractured park-lock cable, or a deformed steering-column lock-actuator gear in the lock-module assembly.

Sources: GM in talks with two potential buyers of Hummer

General Motors is in talks with two potential buyers of its Hummer brand as the automaker continues to sell assets to raise cash, said two sources familiar with the matter. The negotiations are with a private-equity firm and a Chinese company, said the sources, who declined to be named. The sources declined to name the potential buyers because the effort is private.