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'Flip-Top' Shelby Cobra headed for auction block

Bidders who make the trip to RM Auctions' Arizona sale in January will have the chance to buy the "Flip-Top" 1964 Shelby Cobra 427 prototype. The car is noted for its forward-hinged hood and rear-hinged deck. Race driver Ken Miles led the design, build and development of the unique car, which carries serial number CSX 2196.

2013 Lexus GS 350 to start at $47,775

The 2013 Lexus GS sedan, which will arrive in dealerships in early February, will carry a price of $47,775, including an $875 destination charge. The GS 350 has a redesigned chassis and a wider stance than previous models. The width adds more interior space for driver and passenger comfort.

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.