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Online driving licence to reduce insurance costs

First the tax disc, now your driving licence, as government plans to put driving records online are set to make the paper counterpart licence obsolete – reducing your car insurance premium in the process. By creating an online record that insurance companies can easily check, ministers and the Driver and Vehicle Licencing Agency (DVLA) expect insurance costs to fall, as insurers will be able to exactly analyse risk rather than hedging their bets. On Bing: see pictures of the counterpart driving licence Tax disc to be scrapped after 93 years At present it’s tediously time consuming for car insurance companies to check motorists’ driving records with the DVLA, which means most take people at their word about the number of penalty points they have.

BMW i8 fetching 50% premiums in UK market

The BMW i8 (pictured) is commanding a 50% premium The simple rules of a capitalist market is that supply and demand dictate price. Which is why BMW’s i8 hybrid supercar is fetching premiums of up to 50 per cent. With the entire i8 supply sold out for the next year, those with deep enough pockets – and a compelling desire for an i8 – are turning to i8 owners who have already taken delivery and making them offer they can’t refuse.

Honda updates NSX concept for 2013

Here's our first look inside Honda's NSX hybrid supercar, set to take on everything from the Audi R8 to the next-gen Mercedes SLS from 2015. Just unveiled at the 2013 Detroit motor show, the concept's exterior styling has been updated (we first saw the NSX show car at the 2012 Detroit show) and Honda has now revealed a potential interior design for its new supercar too. Is this the production-spec Honda NSX interior?