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RM Auctions buys Auburn complex from Kruse

RM Auctions has bought the Kruse International Auction Park in Auburn, Ind., from financially troubled auctioneer Dean Kruse and plans to hold the site's annual Labor Day weekend car auction Sept. 2-6. Rob Myers, RM Auction CEO, said his company will spend the next several weeks making upgrades to the auction facility and lining up consignments.

Opel Ampera plug-in hybrid design sketches leak out

By Tim Pollard First Official Pictures 19 February 2009 09:28 These pictures allegedly reveal the production-spec Opel/Vauxhall Ampera a fortnight ahead of its Geneva show debut. A Spanish website claims to have stumbled across the technical design sketches at a European patent office and – if authentic – they spill the beans on the new plug-in hybrid electric concept car that’s bound for a showroom near you within two years. The Ampera is Opel/Vauxhall’s version of the Chevrolet Volt, the breakthrough car that could just save GM if it survives its current crisis.

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.