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Radical new group-based car insurance scheme

REX Innovation and car insurance aren’t entirely strange bedfellows. After all, the concept of ‘black box’ insurance that uses a device to monitor you as you drive has taken off so fast it could well become mandatory in the future. But it’s still unusual to come across something truly revolutionary.

Nissan expects 20,000 initial orders for Leaf EV

Nissan North America will begin taking sales orders for its new Nissan Leaf electric vehicle next spring and expects to have 20,000 of them pre-sold by the time the model reaches U.S. showrooms in the third quarter. “We are confident we will have 20,000 reservations for the Leaf by the time it goes on sale,” Carlos Tavares, Nissan's chairman for the Americas, said Tuesday.

625 cars per day found to be insurance write-offs

ONE IN EVERY 33 vehicles given a history check is found to be an insurance write-off, according to data gathered by HPI. In 2012 one in 33 vehicles checked by HPI was an insurance total loss – otherwise known as a write-off. This equates to 625 cars a day or over 223,000 cars per year being dangerously repaired and sold on to unsuspecting consumers.