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Honda cancels V8 program, S2000 and CR-Z convertible, report says

Fun appears to be on the chopping block at Honda. Plans for the successor to the S2000 sports car, a lineup of rear-drive Acuras, a proposed V8 engine and a drop-top built off the CR-Z hybrid are all dead, according to a report in a British magazine. The reason: Honda is rethinking its product plans as it grapples with the global downturn in sales and economic conditions, Autocar is reporting.

BMW Individual debuts 760Li Sterling

If you want a BMW 760Li that's even more luxurious than the already luxurious stock 760Li, and don't want to take it to an armorer or coachbuilder who will stretch the rear doors and add a limousine partition to the inside, BMW Individual has something a little more low key on the menu. BMW Individual is a customization division without the company, one that lets customers tailor their cars further by specifying unique materials for the interior, as well as create unique paint colors. The customization process doesn't stop there, as beyond the special trim selections offered by BMW Individual for each particular model, customers can go to BMW Individual Manufaktur, a division of BMW Individual, for even more personalized modifications to their cars.

Whiplash claim legal costs rising

GOVERNMENT attempts to reduce legal costs from whiplash injury claims seem to be failing. The average legal costs for small, whiplash-like third party injury (TPI) claims now stand at £2,500 per claimant, according to a report by the Institute and Faculty of Actuaries. The institute said this was a 15% increase since 2010 "when the Ministry of Justice introduced new measures which sought, in part, to contain legal costs".