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Higher speed limits result in fewer crashes
Tue, 25 Mar 2014Raising the speed limit can make roads safer, according to a study carried out in Denmark. The Danish Road Directorate monitored how driver behaviour and accident rates changed when speed limits on country roads and motorways were increased. Need for Speed film review 60mph M1 motorway speed limit proposed Auto Express magazine reported that there was a drop in the number of accidents when the speed limit on single carriageway roads was increased from 50mph to 56mph.
News watch February 2012: today's auto industry news
Wed, 29 Feb 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe) • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.
Quarter of car sellers 'lie'
Mon, 07 Apr 2014MORE THAN a quarter (28%) of people selling a car admit to telling a ‘white lie’ to help the sale go ahead. The statistics are higher among young car sellers aged 18-25-years old, where 33% admit to lying to make sure their cars is sold. A study commissioned by vehicle history service HPI found 11% of sellers admitted to hiding problems with their car, while 9% are prepared to alter the mileage of their car to achieve a better price.