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Congress scales back tax break for car buyers
Thu, 12 Feb 2009A proposed tax break for new-vehicle buyers is dramatically scaled back in the final version of the economic stimulus bill. Auto dealers and their allies had sought to make interest on auto loans and the sales and excise taxes on new-vehicle purchases deductible from federal taxes. Proponents say those measures are needed to boost showroom traffic and sales.
Worrying insurance fraud trends revealed
Fri, 16 May 2014AS MANY as two million motorists could be jeopardising their insurance by listing themselves as the main driver on a car that someone else covers more mileage in. The process, known as ‘fronting’, secures a cheaper insurance quote for the real main driver, who in many cases is young or has less no-claims discount, but it is illegal and could completely invalidate the policy and leave the drivers vulnerable to prosecution. Research from Privilege car insurance has revealed not only that the two million drivers could be risking more than they imagine, but also that around one million motorists are named as the main driver on insurance policies for cars they have never even driven at all.
Goodwood Festival of Speed 2009 daily bulletins
Mon, 06 Jul 2009By Tim Pollard, Ben Pulman and Sarah-Jayne Harrison (good photos by James Mann, others DIY by writers) Motor Shows 06 July 2009 10:00 Welcome to CAR's coverage of the 2009 Goodwood Festival of Speed. We'll be posting daily bulletins with news, photos, galleries, blogs and reviews from the Festival of Speed – live from Lord March's front drive. NB start at the bottom and work your way up!