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VW exec Jacoby reportedly heading to Volvo

Volkswagen of America said it is in talks with CEO Stefan Jacoby, who reportedly has been tapped to run Volvo Car Corp. In the meantime, VW has temporarily named two executives to take over Jacoby's duties, the German automaker said in a statement Thursday. "We are holding contract talks with Stefan Jacoby," the statement said.

Whiplash claim legal costs rising

GOVERNMENT attempts to reduce legal costs from whiplash injury claims seem to be failing. The average legal costs for small, whiplash-like third party injury (TPI) claims now stand at £2,500 per claimant, according to a report by the Institute and Faculty of Actuaries. The institute said this was a 15% increase since 2010 "when the Ministry of Justice introduced new measures which sought, in part, to contain legal costs".

China to boost electric cars with 30% Government EV fleet

The BYD E6 EV (pictured) will benefit from China’s push on EVs The UK government has just announced its commitment to use electric cars for its own vehicles in an effort to boost the take-up of EVs, but China is going even further. China has ordered government officials to start buying electric cars (that means BEVs, plug-in hybrids and hydrogen fuel cell cars) in a big way, with instructions that 30 per cent of government cars must fall in to the ‘New Energy’ category by 2017, and an even higher percentage going forward. The aim is to cut pollution, and China expects to have 5 million New Energy cars on the road by 2020 and it is urging it government agencies and some city governments to start buying New Energy vehicles from Chinese makers like BYD and SDAIC, but also instructing them to build more charging stations and supporting infrastructure.