2 Rear Wheel Cylinders 1955-1957 Chevy Cars New Pair on 2040-parts.com

Bid to cut car insurance premiums

THE COMPETITION WATCHDOG is proposing to impose a cap on replacement vehicle costs following motor accidents as part of a clampdown to help cut premiums for all drivers in the £11 billion private motor insurance market. The Competition and Markets Authority (CMA) said the cap on charges passed to the insurer of the driver who is at-fault in an accident for the cost of providing a replacement vehicle to the non-fault driver, would "more closely reflect the costs incurred and remove significant inefficiencies". The watchdog has previously found that the "complex chain" of claim costs following an accident collectively inflates premiums by as much as £200 million a year.

Unsold Cars take over California

It’s a sign of the times. Unsold cars arriving at Long Beach - Image by NYT Long Beach, California, America’s second largest port is under siege from unsold cars. Day after day, thousands of cars roll off container ships, normally destined for dealerships around the country.

Tesla expands electric-car charger network

Tesla 20-minute “superchargers” will blanket the U.S. and Canada within two years, CEO Elon Musk said Thursday. Musk announced plans to greatly upgrade and expand the number of its superchargers in and between population centers of the United States and Southern Canada to link major cities via free electricity.