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Car insurance market condemned by MPs
Fri, 04 Jul 2014CAR INSURANCE is a "highly dysfunctional market" in which firms' pursuit of profit has led to higher prices for consumers, a report by MPs has said. In some cases, business practices have not been in the consumer interest and have "inadvertently encouraged criminal activity", the report from the House of Commons Transport Committee said. There was no clearer example of this than "insurance firms' willingness to pay compensation for whiplash claims which they suspect are fraudulent without requiring the claimant to undergo a medical examination".
Mercedes-Benz reveals SLS E-Cell performance data
Fri, 09 Mar 2012Mercedes-Benz has lifted the veil of secrecy on the plug-in-electric propulsion system of its upcoming SLS E-Cell, first revealed in concept form at the 2009 Frankfurt auto show. Set to go into limited production in early 2013, the zero-emission version of the German carmaker's signature gullwing coupe is set to rival a raft of new high-priced electric or hybrid supercars due out in the not-too-distant future, including the Audi E-tron, the BMW i8, the Jaguar C-X75 and the Porsche 918. The car is undergoing development at Mercedes-Benz's performance-car AMG unit and its British-based sister company, AMG High Performance Powertrains--the company behind Mercedes' latest 2.4-liter V6 Formula One race engine.
Mitsubishi i MiEV Electric car launches in Japan
Sun, 07 Jun 2009Mitsubishi i MiEV electric car launched in Japan at around £20,000 Until now, electric cars have been very much an oddity. The laughable G-Whiz and the Tesla Roadster are interesting in their own way, but unless you want to look like Noddy’s best friend (G-Whiz) or are happy to have a second-rate Lotus Elise at three times the price (Tesla), there wasn’t much to appeal to the normal car buyer. But it’s changing.