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FTFinancial Times

BMW proposes x-ray glasses to ease parking – BMW is launching augmented reality glasses that allow drivers to see ‘through’ the car when parking. The goggles communicate with the vehicle, so when the driver engages reverse and glances over their shoulder, the car in effect ‘disappears’.

Accelerating car sales drive Italy’s recovery hopes – New car registrations have risen across Italy in January, leading to hopes that the country might emerge from three years of recession to finally post GDP growth in 2015.

Nissan surges ahead on strong US sales and weak yen – Nissan has raised its annual profit forecast on the back of surging US car sales and a weaker yen – even though it is still grappling with slowing demand in China and other emerging markets. For the full year to the end of March, Japan’s second-biggest carmaker by vehicle sales forecast a net profit of Y4205bn. It estimated that total revenues would rise 6.4 year on year to Y11.2tn.

The Times

Speeding fines in Europe could follow UK drivers home – Thousands of British motorists caught speeding on the Continent could be tracked down and fined in the UK under new European Union legislation. The EU is expected to endorse measure tomorrow giving member states powers to access British drivers records for the first time. It will affect motorists using thieir own car in mainland Europe who up until now have been able to avoid fines after being caught by speed cameras.

View to a killing: Aston Martin for record £1.4m – A very rare Aston Martin has been sold for a record £1.4m at an auction at Bonhams, Paris. The DB5, the same model driven by James Bond in several movies, was one of only dozens made as a left-hand drive.

Ferrari announces 458 replacement – Ferrari has announced the car that is to replace the 458 Italia, the 488 GTB. The new model breaks with tradition, and risks upsetting the Ferrari faithful as the 488 swaps the naturally aspirated pedigree of its predecessor, for a volumetrically smaller, turbocharged engine.

Jaguar’s road reduced to a rich purr – Global retail sales at Jaguar Land Rover fell in the Christmas trading quarter, but the British marque still made pre-tax profits of £685m. The firm struggled to match the previous year’s booming sales of the then newly launched Range Rover, Range Rover Sport and Jaguar F Type models, and before a sales push this year of new models of the Land Rover Discovery Sport and the Jaguar XE.

The Guardian

Driverless cars get green light – Motorists will not require a driving licence to use driverless cars. The news emerged yesterday as ministers prepared to allow the first trials on British roads. The decision is set to benefit the third of women without licences, the disabled, the elderly and busy parents, whose children could do the school-run unaccompanied.

The Daily Telegraph

Ford drives £1.7bn project forward – Ford has announced the final part of a £1.7bn expansion of its Spanish operations, in what it claimed was the biggest ever investment in the country’s auto industry. The move will give Ford’s Valencia plant the ability to build six different model lines, instead of the current four, begin exporting to markets outside Europe.

Young to cut red tape for SMEs seeking public contracts – Red tape that prevents small business from winning government contracts is be stripped away this month, alongside action on late payments, as part of a push to help small-to-medium-sized enterprises (SMEs) generate income form the public sector. In a report into small businesses, Lord Young of Grafham, enterprise adviser to the Prime Minister, said that eh arduous “pre-qualification questionnaire” (PWW) is to be shelved permanently for contracts valued below EU thresholds for goods and services.

Driverless cars to force Highway Code rewrite – The Highway Code many need to be rewritten to stop driverless cars from binging Britain’s city centres to a half, an official review is expected to say. Passing distances between cyclists and pedestrians may have to be changed to prevent robot vehicles clogging up roads across the country. The prosed changes could represent the most significant shake-up of the Highway Code for decades.

The Independent

Mercedes-Benz sales hit record after 14 per cent surge – Mercedes-Benz Sold 125,865 cars in January, a 14 per cent surge in sales compared to the previous year. The Stuttgart-based manufacturer said growth was driven by double-digit gains in Europe, China and the US.

Posted by Sue Robinson on 13/02/2015