We are in the middle of a full blown recession, yet people are still keen to own the latest new cars. No matter how much people are struggling they still love to go out and splash out on the latest top of the range car.
Lets consider just a few of the reasong why people [...]

Cars: Lease or Buy?

There are many benefits associated with car leasing however before we explore the advantages lets understand the procedure of leasing a car. When you lease a car you have to pay a small down payment which is usually a percentage of the value of the car. once you decide the duration [...]

Earlier in May, a scheme was launched by the UK government that rewarded new car buyers when they scrapped an old car of theirs. Oddly enough it was called the ‘Car Scrappage Scheme’ and it gave car buyers 2000 towards a new car when they scrapped a car that’s more than 10 years old.
The cost [...]

 
General Motors, the owners of big car brands like Chevrolet and Pontiac, earlier this year filed for bankruptcy. However, they have now sorted themselves out, and from July, they have stopped receiving bankruptcy protection from the government.
Now that they have sort of recovered, they are now attempting to build themselves back up again and bring [...]

 
Heathrow are attempting to reduce congestion on the transport buses by introducing a new traffic system for the airport. The system is one of a kind, it features 21 driverless electric shuttles that will be controlled using computer power.
The 21 shuttles will be limited to a two and a half mile track that’s links the [...]

Mitsubishi is shipping their new i-MiEv electric car to some select customers.
Mitsubishi plan to release the car for everyone else in April next year. The car maker will also begin taking orders for the electric vehicle as of next month for 34,000 euros, ready for the 2010 expected release.
The car is fitted with a 64 [...]

The car companies Ford, Nissan and Tesla have been given a combined sum of $8 billion by the Energy department of the US government. This money is going to be used to create new jobs while developing fuel efficient cars for the future.
The money is designed to help increase jobs in the car industry, aswell [...]

Ford are preparing to raise the price of their cars by around 4% towards the end of June. This is the third time this year that Ford have had to raise their prices. The hikes began in February with a rise of 4.7%, and yet again in April by 3.75%.
Ford said that they know it [...]

Toyota has announced that they estimate they will sell 25,000 new Lexus hybrid cars in the United State throughout their first year of sales.
Toyota plan to release their brand new luxury hybrid car, the Lexus HS250 Hybrid, this summer into the U.S. market. The new Lexus HS250 is the first Lexus hybrid car to be [...]

Even though the initial car scrappage scheme idea was good, participants are loosing out on the deal because car dealers are not offering them the same low price deals that they offer to everyone else.
If you are unsure of what the scrappage scheme is, it’s where the government gives you a £2,000 grant to scrap [...]