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Bid to cut car insurance premiums
Thu, 12 Jun 2014THE COMPETITION WATCHDOG is proposing to impose a cap on replacement vehicle costs following motor accidents as part of a clampdown to help cut premiums for all drivers in the £11 billion private motor insurance market. The Competition and Markets Authority (CMA) said the cap on charges passed to the insurer of the driver who is at-fault in an accident for the cost of providing a replacement vehicle to the non-fault driver, would "more closely reflect the costs incurred and remove significant inefficiencies". The watchdog has previously found that the "complex chain" of claim costs following an accident collectively inflates premiums by as much as £200 million a year.
The craziest cars from the Frankfurt Motor Show
Fri, 13 Sep 2013Frankfurt 2013 offered an automotive smorgasbord of technology, from out-there concepts like Vauxhall’s ‘condor-winged’ Monza to down to Earth next-gen production vehicles like Volkswagen’s e-Up! and e-Golf all-electric hatchback pairing. In the middle stood our next 10 cars.
Jaguar to invest £200 million in F-Type production at Castle Bromwich
Fri, 04 May 2012Jaguar F-Type - to be built at an expanded Castle Bromwich Jaguar Land Rover are planning to invest £200 million expanding their Castle Bromwich plant to launch production of the new Jaguar F-Type. Jaguar Land Rover has revived sales across both the Jaguar and Land Rover ranges, but it’s Land Rover that’s driving sales – particularly with the new Evoque. JLR are seeking to emulate the enormous success the Evoque is enjoying at Land Rover by launching the new F-Type at Jaguar, and are planning to invest £200 million expanding the Castle Bromwich plant to make sure the Jaguar F-Type doesn’t suffer production problems.