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Average cost of car insurance down 12.5%

The average cost of insurance is now 12.5% lower than it was a year ago, thanks to new EU rules on gender equality. That’s according to over four million quotes analysed on Confused.com. On Bing: see pictures of male drivers Women and car insurance – all the facts The rules, introduced at the end of 2012, said a person’s gender shouldn’t affect their insurance premium.

Ford begins the search for CEO replacement, report says

Ford Motor Co. has launched a wide search for candidates to succeed CEO Alan Mulally, and the list of possible replacements includes two current and two former executives, The Wall Street Journal reported. Mulally, 66, joined Ford as president and CEO in September 2006 from Boeing Co.

Tesla Model S: First customer cars in June

Tesla Model S - deliveries start in June Tesla Motors will deliver the first customer Tesla Model S cars to customer in the US in June as Tesla finally hits the make or break point. The Tesla Model S has been a long time coming, but Tesla now say that the first Model S cars will start to arrive with customers in the US in June, slightly ahead of schedule – which must be a first for Tesla. The first 1,000 deliveries will be of the range-topping Signature Series cars which come with the big 85kWh battery pack and lots of toys and cosmetic embellishments, but after that it’s regular Model S deliveries, although the cheaper versions with smaller battery packs and lower range won’t arrive until later.