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Insurance changes to make shopping around easier

DRIVERS renewing their car insurance could find it easier to shop around or haggle for a discount under new proposals set out by insurers. The Association of British Insurers (ABI) said it has written to the City regulator, suggesting that new minimum standards of information should be set across the market. The standards would mean that renewal documents for motor and home buildings and contents insurance would include the premium that the customer started the year paying alongside their renewal quote, so that they could be compared more easily.

Suzuki seeks end to partnership with Volkswagen

Suzuki Motor Corp. Chairman Osamu Suzuki on Monday said he plans to end his carmaker's turbulent two-year capital alliance with Volkswagen AG, citing concerns about independence and a dearth of technological exchanges and joint projects from the tie up. The spry, 81-year-old Suzuki executive compared the breakup to a divorce and said the two companies should "say goodbye with a smile" instead of trading bitter accusations.

Ford, GM post biggest drops, industry sales slump continues

Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent. Ford's March sales fell 42.1 percent and GM's were down 44.7 percent, for its fifth decline of more than 40 percent in the past six months.