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Big fall in insurance premiums

DRIVERS are set to be quoted happy after it was revealed that insurance premiums have fallen by more than 14% over the last year. The typical quote for annual comprehensive car insurance cover was £533 in January, which was also a record 4.6% slide on the previous quarter, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. The AA British Insurance Premium Index, which has been running for 20 years, found that the North West remains the most costly region to insure a car, with the average premium for someone who shops around standing at £809, although this region also saw the biggest price drop over the past quarter at 6.3%.

McLaren MP4-12C Revealed

McLaren has released details of their new supercar - the McLaren MP4-12C Known for so long by its code name – P11 – this MP4-12C is the first real McLaren since the legendary F1. And on the face of it it certainly looks like it has enough to offer to stand proud as the inheritor of McLaren’s reputation for exceptional road cars. Not scheduled to go on sale until 2011, the MP4-12C is aimed at the heart of Supercar sales, expected to go on sale at a price a small notch above the latest offering from Ferrari – the 458 Italia – at around £160,ooo.

General Motors boosts output of the Cadillac CTS V6 for 2012

General Motors has reworked the 3.6-liter V6 engine used in the CTS for the 2012 model year, boosting output while maintaining the fuel-economy ratings of the less-powerful V6 from 2011. The 2012 version of the V6 delivers 318 hp and 275 lb-ft of torque. That compares with 304 hp and 273 lb-ft for the 2011 version.