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Car insurance 'ghost broker' jailed

A "GHOST BROKER" from south-west London has been jailed at the Old Bailey for what is believed to be the UK's biggest fake car insurance scam, police said. Danyal Buckharee created four websites offering cheap car insurance and used paid-for advertising to ensure his online enterprises appeared at the top of internet searches. Between May 2011 and April last year he used the websites to dupe 600 drivers into buying worthless policies over the phone, the investigation by City of London Police's Insurance Fraud Enforcement Department (IFED) found.

Penske said to be considering bid for GM's Saturn

Roger Penske is considering a bid for General Motors' Saturn brand, a source familiar with the auto entrepreneur's plans said today. Penske is studying the issue but has made no proposals, said the source, who spoke on condition of anonymity. Penske, whose Penske Automotive Group dealership chain distributes Daimler AG's Smart microcars in the United States, is the second entity known to have an interest in Saturn.

NHTSA opens investigation into Ford Taurus throttle issue

The National Highway Traffic Safety Administration has launched a preliminary investigation into claims of the throttle sticking open on the Ford Taurus from the 2005-06 model years. NHSTA says there are 14 claims of a stuck throttle in the Taurus, possibly because of the cruise-control cable becoming detached. No injuries have been reported.