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Car insurance premiums 'too high'

CAR INSURANCE premiums are too high and should be reduced through far-reaching reforms, the competition watchdog said today. The Competition Commission believes that too many drivers are footing the bill for unnecessary costs incurred during the claims process following an accident. These costs are initially borne by the insurers of at-fault drivers, but they feed through into increased insurance premiums for all drivers.

Detroit Autorama to host Golden Commandos and Ram Chargers drag-racing teams

Plenty of race-car drivers and automaker executives still remember the mantra, “Win on Sunday, sell on Monday.” The Golden Commandos and Ram Chargers, two drag-racing teams that embody that motto, will make an appearance at the Detroit Autorama at Cobo Center on March 8, from 1-2 p.m. According to Chrysler, this is the only time they have appeared together since competing on the strip in the late 1960s. The Golden Commandos group was started in 1962 by Chrysler technicians, mechanics and engineers who worked in Highland Park, Mich.

Troubled Nurburgring race track finds buyer

Rex The legendary Nurburgring race track in Germany is set to be bought out by a consortium led by private investment group HIG capital, it emerged on Friday. The circuit has been burdened with enormous debts, went into administration in 2012, and has been looking for a new owner since last spring. HIG’s move will hopefully allay fears of car enthusiasts around the world, who visit the historic 13-mile track in droves to test the limits of both their car’s handling and their own skill.