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180,000 'lied over motor insurance'

NEARLY 3,500 cases of motorists lying on their applications for insurance or deliberately leaving relevant information off them are being uncovered by insurers each week, new figures reveal. Some 180,675 attempts to make fraudulent applications for motor insurance as people tried to get cheaper cover than they were entitled to were detected last year, equating to around 3,475 incidents a week, according to data released by the Association of British Insurers (ABI). These claims were exposed as lies by the insurer either at the point when the person applied for a policy, or after they had obtained cover and had gone on to make a claim.

Toyota to unveil low-cost car next month

Toyota said it will unveil a concept of its new car for emerging markets at the New Delhi auto show on Jan. 5. The Japanese automaker plans to sell the low-cost compact car in markets such as India, Russia and Latin America.

Caterham to unveil 620 R at Goodwood Festival of Speed

Caterham has launched a new version of the Seven dubbed the 620 R, and it will be shown to the public for the first time this weekend at the Goodwood Festival of Speed. This new Seven uses a 2.0-liter supercharged Ford Duratec engine producing a reported 310 hp. The 620 will make the 0-60 sprint in less than 2.8 seconds and streak all the way up to a top speed of 155 mph.