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BMW, Daimler experiment with upscale rent-by-the-ride

Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.

'Crash for cash' scams soar by 51%

THE NUMBER of "crash for cash" car insurance scams uncovered by a major insurer surged by 51% annually last year. Aviva said it had detected around 820 staged accidents in 2013, leading to some 2,200 fraudulent personal injury claims. It is pressing for tougher penalties and said that often, rather than being locked up, fraudsters end up being sentenced to community orders, which "do little" to deter them from re-offending.

First Sight: Fenomenon Stratos

The Geneva Show sees a surprising newcomer to its stands in the shape of Fenomemon Ltd and their concept Stratos project. This new London-based vehicle design agency is led by a current student on the Royal College of Art's Vehicle Design course, Chris Hrabalek, who has masterminded a complete full-size mockup of a reborn Lancia Stratos concept for this year's Geneva Show. In a world where multinational companies spend several million dollars on a concept car and stand, that's a phenomenal achievement.