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FTThe Financial Times

Piech leaves VW after bruising board battle – Volkswagen is entering a new era after the abrupt resignation of controversial chairman Ferdinand Piech, who transformed the world’s second-largest carmaker by sales into an automotive powerhouse but frequently irked investors.

Two out of three new cars pay no tax in first year – Two-thirds of new cars sold in the UK have such low carbon emission ratings that they pay no tax for the first year, putting pressure on revenues raised by the Treasury. UK motorists buy more plug-in cars – hybrid vehicles with rechargeable batteries or fully electric models – than any other European country, although the number is a small fraction of annual sales, at almost 15,000 in 2014 against overall UK car sales of 2.5m.

Mercedes C-Class adds zip to Daimler’s sales – Daimler’s first-quarter net profit almost doubled compared to a year ago helped by demand for the new Mercedes-Benz C-Class saloon and surging truck sales in North America.

The Times

Ford waits for its pick-up truck to deliver – Ford has missed earnings targets because of the delayed introduction of the redesigned and re-engineered F-150 pick-up truck and the Edge model for the popular “SUV crossover” market. European operations stuck deep in the red have not helped the American group, either.

Digital licence could cause car-hire chaos – Motorists trying to hire a car overseas are facing chaos because of the abolition of the paper counterpart driving licence, experts have warned. The paper licence, which carries information on endorsements and fines, is being abolished on June 8 in favour of a computerised system.

Half of drivers admit flouting traffic laws – Almost half of motorists routinely flout the rules of the road, a study finds today, with women considerably more likely to admit to dangerous driving. Research found that 49 per cent of motorists regularly failed to comply with road regulations.

Drivers’ details sold to parking firms for £31m – The number of personal driver records being sold to parking companies has increased more than ten-fold in less than a decade amid growing concerns that motorists are being used as “cash cows”. During 2006-07 the number of records obtained by parking firms was 272,000.

Top cars at the bottom for comfort, say drivers – Some of the world’s best-selling car manufacturers have been criticised for leaving motorists with sore backs and aching bottoms. Volkswagen, Toyota, Nissan and Hyundai models were named as the most uncomfortable as part of a survey of more than 61,000 British drivers.

The Daily Telegraph

Volvo benefits as Beijing steers away from bling – Drive in the traffic-clogged streets of Shanghai, where red lights and stop signs are often ignored rather than obeyed, and it’s obvious why China is Volvo’s biggest market. With a history of producing the safest cars on the road, the Swedish company’s vehicles are much in demand in China from drivers who want to protect themselves and their passengers.

All cars to have tracking devices from 2018 – All new cars are to contain tracking devices that alert the emergency services in the event of an accident. Under EU laws passed yesterday the technology will be compulsory from 2018 and fitted as standard in every model of car and small van.

 

Posted by Sue Robinson on 01/05/2015