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Redford, Michigan, United States
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Holden will sell cars in Australia beyond 2017
Mon, 23 Dec 2013When we heard about Holden's plans to shutter its Australian plants after 2017, we didn't know quite what to think. The General Motors subsidiary was cagey when it came to details, claiming that the brand would remain a presence in Australia -- even maintaining its design office there. Oddly, we couldn't get anyone to say, in black-and-white terms, what vehicles would be sold there under the Holden name after its plants close.
Whiplash claim legal costs rising
Mon, 04 Nov 2013GOVERNMENT attempts to reduce legal costs from whiplash injury claims seem to be failing. The average legal costs for small, whiplash-like third party injury (TPI) claims now stand at £2,500 per claimant, according to a report by the Institute and Faculty of Actuaries. The institute said this was a 15% increase since 2010 "when the Ministry of Justice introduced new measures which sought, in part, to contain legal costs".
1,088-hp electric Concept One nears production
Wed, 30 Apr 2014We haven't heard much about the Rimac Concept One lately, but that could be about to change. The Croatian-born electric supercar is back in the news this week after its parent company landed an $11-million investment. The Concept One is the brainchild of 26-year-old CEO Mate Rimac, who claims he didn't want to build the best electric car in the world.