The Latest Car Leasing News from OVL

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Drivers opt for more powerful

18 February 2010

The number of licensed vehicles with engine capacity of more than 2,000cc increased from 2.3 million in 1999 to 4.0 million in 2008, data from the Office for National Statistics (ONS) showed.

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Jaguar Land Rover names GM chief as new boss

17 February 2010

Jaguar Land Rover, the Indian-owned British-based car manufacturer, has appointed a German as its new boss.

Three weeks after parting company with David Smith, the chief executive who had overseen the $2.3 billion sale of Jaguar Land Rover from Ford in 2008, Tata Motors. The Midlands carmakers owners today said it has hired Carl-Peter Forster to take charge.

Most recently head of the European end of General Motors including Vauxhall, Mr Forster has been appointed as chief executive of Tata Motors across all its global operations and with special responsibility for overseeing growth at its Jaguar and Land Rover brands.

Mr Forster comes in as Jaguar Land Rovers fortunes appear to be turning.

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120mpg BMW Simple revealed

15 October 2009

BMW has unveiled a new three-wheeled city vehicle that has been sitting around for almost two years before making an appearance.

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F1: Barrichello to move to Williams

15 October 2009

A Brazilian television channel has announced that Rubens Barrichello will be moving from Brawn GP to race with Williams next year.

TV Globo claims the veteran Brazilian driver will partner rising German star Nico Hulkenberg, who won the GP2 championship this year, at Williams. Globo also says Williams will be using Cosworth engines

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Committee suggests road charging and 60mph limit

15 October 2009

A government committee has suggested that the motorway speed limit should be reduced to 60mph to cut national carbon dioxide emissions.

A report by the Committee on Climate Change claims the speed limit reduction could reduce annual CO2 emissions by 1.4 million tonnes.

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