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Ford, Nissan, GM, Chrysler post double-digit April sales gains

UPDATED: Strong demand for large pickups and new models propelled Ford Motor Co., Nissan Motor Co., General Motors and Chrysler Group to double-digit sales gains in April, signaling the auto industry's recovery remains solid. The seasonally adjusted annualized sales rate for April was tracking at 15.1 million based on results from automakers representing 55 percent of the U.S. market, J.P.

Online database 'may cut car insurance premiums'

MOTORISTS could see insurance premiums cut by up to £15 a year after the Government announced that all driving licence records are being put online. The searchable database for individuals and companies to check speeding endorsements and other details could also bring down the cost of car hire. The My Licence project is the latest part of the coalition's digital agenda, which has been gradually moving services on to the internet.

Frankfurt 2011:Rimac Concept One – an Electric Supercar

Rimac One Concept - an electric hypercar at Frankfurt Our antipathy towards electric cars – and the seeming futility of pursuing a technology that has made little progress in a century – is well known. But we do see electric cars as a fun toy for the better-off, and 23 year-old Croatian Mate Rimac has impressed Frankfurt with his Rimac Concept One electric supercar, which is perhaps the ultimate electric toy for the better-off. Perhaps, in the case of the Rimac One, we should consider it a toy for the seriously well-off, rather than just the better-off, as it’s expected to cost a quite substantial £650k for each of the 88 cars Mate intends making.