London Black Taxi maker Manganese Bronze in administration

Manganese Bronze – makers of the London Black Cab – has called in administrators after failing to secure funding following a TX4 recall. Manganese Bronze – makers of the iconic London Black Cab – has had a pretty torrid few years. They sold a chunk of their shares in LTI (London Taxis International) to China’s Geely after years of failure to invest in their taxis left them struggling for sales, cash and turnover.

De Macross GT1 (2011) first official pictures

These are the first pictures and details of a new supercar from fledgling Canadian company De Macross Motors Corp (DMMC), which was set up in 2009. It's called the GT1, and CAR has been given the lowdown on this new supercar. The car you see here is a 25% scale model of the De Macross GT1, which is being developed in conjunction with component manufacturer Multimatic.

Car insurance market condemned by MPs

CAR INSURANCE is a "highly dysfunctional market" in which firms' pursuit of profit has led to higher prices for consumers, a report by MPs has said. In some cases, business practices have not been in the consumer interest and have "inadvertently encouraged criminal activity", the report from the House of Commons Transport Committee said. There was no clearer example of this than "insurance firms' willingness to pay compensation for whiplash claims which they suspect are fraudulent without requiring the claimant to undergo a medical examination".