2004 04 Yamaha Xv1700 Road Star Swingarm At Lkq Motorsports on 2040-parts.com

Daimler-Renault alliance approved, report says

An international alliance between Daimler and Renault has been approved by the companies' boards and is set to be announced on Wednesday, Bloomberg is reporting. The pact would allow the German and French automakers to collaborate on a range of products, including small cars, commercial vehicles and engines. AutoWeek first reported on the alliance last week.

Caterham – including Caterham F1 – up for sale for £350 million

Will the Caterham AeroSeven Concept (pictured) be a casualty of Caterham’s impending sale? Caterham’s foray in to F1 hasn’t been much of a success, with not a single point on the F1 board since they arrived in 2010 as Lotus Racing (although Marcus Ericsson was just one place off a point at Monaco yesterday). Now, after warning back in January that he would walk away from F1 if the Caterham team’s performance on track didn’t improve, it looks like Fernandes is ready to walk away from Caterham altogether.

Crash Fraud At Record High

CAR INSURANCE fraud is at a record high of £1.3 billion says the Association of British Insurers (ABI). This is a 34% increase over the previous year’s figures and is costing every household in the UK an extra £50 a year on their premium. Much of the fraud is due to ‘crash for cash’ incidents, where criminal drivers deliberately cause a collision with an innocent driver to claim for damage to their car and whiplash.