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£54k insurance fraud foiled by black box

A fraudulent £54,000 insurance claim following a crash involving a car and a lorry has been found bogus thanks to a black box device fitted to the car. Three passengers in the lorry claimed for personal injury damages after it was shunted at low speed by a Vauxhall Astra. However, the Astra was fitted with a telematics device that, when examined, revealed that due to the size and weight of the vehicles and the speed of the Astra, the claimed injuries were implausible.

Last C6 Corvette rolls off the line

All the Chevrolet Corvette talk these days is focused on the 2014 Stingray, the seventh-generation car that arrives this fall. But the C6 era only ended Feb. 28 as the last car rolled off the assembly line in Bowling Green, Ky.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.