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625 cars per day found to be insurance write-offs

ONE IN EVERY 33 vehicles given a history check is found to be an insurance write-off, according to data gathered by HPI. In 2012 one in 33 vehicles checked by HPI was an insurance total loss – otherwise known as a write-off. This equates to 625 cars a day or over 223,000 cars per year being dangerously repaired and sold on to unsuspecting consumers.

Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.

Rolls-Royce wants to make an electric Phantom

Rolls-Royce boss Tom Purves has revealed he wants to build an electric Phantom By Gavin Green Motoring Issues 23 October 2008 11:21 Rolls-Royce CEO Tom Purves would like to make an electric-powered Phantom. ‘Many of our customers do small mileages exclusively in the city,’ says Purves, who took over the helm of BMW-owned Rolls-Royce in July 2008. ‘For these customers, an electric Rolls-Royce would be ideal.’Purves has just driven the new electric Mini, which debuts at next month’s Los Angeles auto show, and was ‘bowled over by it.