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Insurance interest costs motorists millions
Fri, 24 Jan 2014BRITISH drivers are paying £682 million more than they should be for their car insurance by paying monthly. Most insurers charge a high rate of interest for the privilege of spreading payments out over the year, with the average pay-monthly customer hit by an additional £88. Almost a third of people (31%) pay their car insurance by monthly direct debit, market research from Consumer Intelligence has discovered.
VW XL1 (2013) 314mpg eco-car heads for production
Tue, 26 Feb 2013VW supremo Ferdinand Piech has kept his promise of putting the XL1 super-eco car into production. VW has confirmed the 313mpg XL1 will be built in limited numbers, around 50 of which are earmarked for UK sale. It's an expensive way to save money on fuel though: projected prices for the XL1 run into six figures.
Honda Gets a Leg Up on Mobility: Research center pioneers new devices to aid movement
Wed, 28 Oct 2009Honda is known as a manufacturer of cars, motorcycles, power equipment and soon, jet aircraft. But don't be surprised if in the future, the Honda badge is seen on other items that put people in motion, but in slightly different ways that what we are accustomed to seeing. Following the recent Tokyo motor show, Honda gave journalists an early chance to test three devices that few would expect a car company to produce.