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Bid to cut car insurance premiums
Thu, 12 Jun 2014THE 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.
BMW Roadster Concept: BMW Vision ConnectedDrive Geneva debut
Thu, 10 Feb 2011BMW Vision ConnectedDrive We reported the other day that BMW were taking a roadster concept to the Geneva Motor Show, a car we expected to point the way to a new, smaller roadster – the BMW Z2. But it seems to be much more than just that. The BMW Vision ConnectedDrive – for that is the catchy little moniker BMW has attached to this concept – is a showcase for BMW technology and the layered styling language we’ve already seen in the Vision EfficientDynamics concept (can’t we have some snappy little monikers instead of Anglicising the German practice of just joining words together in a line to make a new word?).
Car Designers Blackmailed
Tue, 12 Feb 2008A London court has found former design student Guy Lloyd-Parker guilty of blackmailing US car designers. The London College of Fashion graduate had claimed that 95 car design sketches were stolen from him by two college lecturers in 1994, eventually resurfacing as final designs in the form of the Audi TT, BMW Z3, Mazda RX-8 and the Volvo XC90. Lloyd-Parker, having failed to successfully sue the college, began sending menacing letters to California-based Volvo Design Director Geza Loczi, former BMW and Aston Martin designer Henrik Fisker, and ex-Mazda designer Tsutomu Matano demanding £90,000.