The latest fuel price cuts from supermarkets could save motorists £200 a year as oil plummets to a six year low. As a result, petrol prices have fallen to a low as 105 pence-per-litre and diesel to 113 pence-per-litre.
The huge fall in fuel prices has resulted in good news for motorists. Indeed, at 105 pence-per-litre, the cost of filling up a Ford Focus EcoBoost is now £57.75, as opposed to £72.05 in July 2014, when petrol prices were at an average of 131 pence-per-litre.
By TOM KRISHER
Mary Barra said Thursday that her first year as CEO of General Motors contained both disappointment and progress, as the company recalled a record number of cars and trucks but also improved its handling of safety problems.
UK new-car sales rose 9 percent last year to hit their highest level in 10 years at 2.47 million units, cementing the UK’s place as Europe’s second-largest car market, the Society of Motor Manufacturers and Traders (SMMT) said today.
by Chris Smith
Google isn’t the only company out there interested in putting self-driving cars on the road, and the search giant may have some serious competition in the future, with companies such as Mercedes-Benz also looking to offer passengers smart cars that drive themselves around.
BMW agreed to pay 5.1 billion yuan ($820 million) to its distributors in China to help cover their losses after the retailers stopped ordering cars from the manufacturer, a dealers’ group said.
The subsidies are the largest by an automaker to its retailers in China and will be paid by the end of February, said Song Tao, a deputy secretary general of the China Automobile Dealers Association, which represented the BMW distributors in the negotiations. The dealers are still in talks with the Munich-based carmaker over this year’s sales targets, he said.
