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Ferrari F12: Best Supercar & Luxury Car
Sun, 14 Oct 2012The Sunday Times has voted the new Ferrari F12 Berlinetta as its best Supercar and best Luxury car ahead of the first F12s arriving in the UK. The gripe we had was that the gong was awarded on nothing more than a good look at the new Range Rover and a brief ride as a passenger. Which rather taints the accolade.
Tesla pays off its government loans
Thu, 23 May 2013Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.
Car insurance small print longer than Animal Farm
Thu, 24 Apr 2014Aslan Alphan | Getty Images The small print on car insurance policies from a number of leading firms is longer than George Orwell’s novel Animal Farm, according to a consumer website. Fairer Finance waded through the small print of “every” car insurance policy, and found that the policy documents produced by Endsleigh, Sheila’s Wheels, Esure and M&S Bank run to more than 30,000 words. Less than a third read car insurance terms and conditions The highest word count found by researchers came from Endsleigh, with a grand total of 37,674 words in the small print.