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Bid to cut car insurance premiums

THE COMPETITION WATCHDOG is proposing to impose a cap on replacement vehicle costs following motor accidents as part of a clampdown to help cut premiums for all drivers in the £11 billion private motor insurance market. The Competition and Markets Authority (CMA) said the cap on charges passed to the insurer of the driver who is at-fault in an accident for the cost of providing a replacement vehicle to the non-fault driver, would "more closely reflect the costs incurred and remove significant inefficiencies". The watchdog has previously found that the "complex chain" of claim costs following an accident collectively inflates premiums by as much as £200 million a year.

Nissan reinvents its Popular Qashqai Crossover

FANS of the school run can rejoice as Nissan has given one of the nation’s most popular SUVs a makeover. The firm has unveiled its latest generation Qashqai, and you’ll be able to get your hands on one from February 2014. With bold claims of having reinvented its crossover model, Nissan is boasting of low emissions and fuel consumption figures plus the inclusion of high levels of safety-related technology for its new car.

One:1 halo car coming from Koenigsegg

Christian von Koenigsegg talked to Bloomberg Businessweek over the weekend, telling the publication about his youth, the supercar business and how most Koenigsegg designs start in his head. It's all worth a read. But at the end of the four-page article, the head of the brand hints at a new car, built as a “money-is-no-object venture” for a dealer in China.