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George Osborne should "accelerate" plans to scrap the 50p higher rate of income tax and increase personal tax allowances to help the economy during the euro crisis, business leaders will warn the Chancellor.
With its Range Extender engine, Lotus Engineering is asking, “Why use a car engine in an EV?” The firm first showed off the powerplant in an Evora concept at the 2010 Geneva auto show and later announced it would produce the setup in partnership with Spanish automotive supplier Fagor Ederlan.
The...
The National Transportation Safety Board has called for a nationwide ban on the use of all portable electronic devices by drivers, except in an emergency. That means no more phone calls or texting from behind the wheel. It would also ban drivers from using iPods or GPS units not integrated into a...
Audi said back in January that the new A6, which launches in the U.S. in June, would be available in the States with the company’s excellent 2.0-liter turbo four. While the engine’s 211 hp and 258 lb-ft should be enough to propel the A6 with some urgency, the real reason this engine...
Europe's much-anticipated banking stress tests this week will do little to restore confidence to financial markets or fend off a dreaded second credit crunch, a leading forecaster has warned.
Economic data released in the US offered some comfort that the slowdown may not turn into a recession, with manufacturing unexpectedly growing in August, retailers prospering, and jobless claims lower than feared.
Further signs of weakness in the property market were revealed on Tuesday as UK house prices fell at their sharpest annual rate in 19 months, figures from mortgage lender Halifax showed.
U.S. sales of cars and trucks rose in January, a strong start to what the auto industry hopes will be an extension of last year’s recovery. In another good sign, sales to individuals were better than sales to fleet buyers such as rental-car companies...
Deutschland tuning firm MTM will again display their prowess for tuning Audi products at the Geneva auto show, this time with a 465-hp TT RS and a 766-hp R8 styled like a disco ball.
The R8 benefits from MTM’s twin-turbo kit, a necessity for anyone who recognizes the weakness of the 525 hp and...
Eurozone finance ministers are expected to extend part of the "big bazooka" bail-out fund in Copenhagen on Friday, but defy international demands to radically boost the size of its firewalls.

