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Crackdown on bogus claims helps insurance costs fall by 12%

CAR INSURANCE premiums have plunged at a record rate of 12% year-on-year amid a tougher clampdown to combat bogus motor accident claims which add to the costs of everyone's policies. The typical quote for annual comprehensive car insurance cover was £568 in October, marking a 4.5% drop on July and a 12.4% fall on a year ago, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. This is the biggest annual slide that the AA has on its records, which go back to 1994, and marks a sharp turnaround for motorists following a period of strong increases, with premiums rising by more than 40% just two years ago.

Mitsubishi to kill current U.S.-made lineup, bring in new platform

Mitsubishi Motors Corp. plans to kill its current lineup of U.S.-made vehicles, including the Eclipse sporty car and Endeavor crossover, over the next three years and switch to producing global vehicles at its Illinois plant, partly to target export markets. The current nameplates will be phased out by 2014 as part of the carmaker's “Jump 2013” mid-term business plan unveiled Thursday by president Osamu Masuko.

VW e-Golf & e-Up! electric cars Frankfurt debut

The VW e-Golf & e-Up! electric cars (pictured) will debut at Frankfurt. Electric cars may be a niche market, but that hasn’t stopped car makers trying to take a piece of whatever action there is, especially as governments around the world are subsidising EVs and and their zero emissions at point of use will help (as long as they sell any) their average CO2 levels.