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Businessman opens private toll road

THE BUSINESSMAN behind a private toll road by-passing a closed commuter route is confident he will not have to sell his home if the venture fails. Mike Watts, 62, has until Christmas to recoup his £300,000 investment or face losing his house. He is charging motorists £2 per journey to use his bypass made from rolled chippings and avoid the closed section of the A431 between Bath and Bristol.

McLaren celebrates 50th birthday with special edition 12C supercar (2013)

McLaren will build 100 special edition 12C supercars to celebrate its 50th anniversary in 2013: 50 coupes and 50 folding hard-top Spiders. The birthday edition cars get bespoke lightweight components from McLaren Special Operations (MSO) and extra accessories, as well as a hefty price bump. You'll pay £196,000 for a hard-top McLaren 50 12C, and £215,500 for the McLaren 50 12C Spider – a hefty £20,000 rise over the standard cars' price tags.

Who's Where?: Maximilian Missoni becomes vice president exterior design at Volvo

Maximilian Missoni has been promoted to the position of vice president of exterior design at Volvo Cars. He replaces Fedde Talsma, who has elected to leave the company. Talsma's decision brings to an end a career at Volvo that began in 1982, with the past nine years spent as the firm's exterior design director.  Although Volvo states that Talsma has retired after serving 31-years at the Swedish firm, his LinkedIn profile states that he is now an independent automotive design adviser in his native Netherlands.