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Volkswagen at the Paris motor show 2008

By Ben Whitworth Motor Shows 02 October 2008 10:16 Volkswagen is calling it a concept, but its new Golf GTI study is pretty much the real thing. Bar a few minor tweaks, what you see here is what will start rolling out of Wolfsburg in spring 2009. And to keep the eco brigade happy, VW also showed its new Passat BlueMotion II that comes with some astonishing economy figures.

The BMW M5 is back!

BMW's M division has gone back to the drawing board with the M5, giving the fifth generation of the iconic four-door a twin-turbocharged 4.4-liter V8 engine—the first time Munich's class-defining performance sedan has gone without a naturally aspirated powerplant since its introduction in 1984. Further changes see it adopt a dual-clutch gearbox as part of a complete driveline rethink that resigns the old model's sequential manual transmission to the history books. Revealed here officially for the first time, the new M5 is planned to make its world debut in concept-car guise at the Shanghai motor show later this month.

UK's emergency Budget 2010: how it affects motorists

Chancellor George Osborne will make the emergency spending cuts on Tuesday 22 June By Tim Pollard Motoring Issues 21 June 2010 09:51 The new UK Government's emergency Budget tomorrow is likely to announce a raft of spending cuts and tax rises bound to affect motorists.  The new Conservative-Liberal coalition government is taking the unusual step of holding an emergency summer Budget to reduce the national deficit, which stood at £156bn in 2009-10. The senior Cabinet members signed off the details of the Budget on Friday, but the details won't be confirmed until Tuesday 22 June 2010.Here's our preview of what to expect if you're a car owner:VAT riseMost pundits agree that the rate of value added tax will rise from today's 17.5%. If raised to 20% – the upper limit expected – it could raise an extra £11 billion a year for Government coffers.