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New ‘flash-for-cash’ insurance scam warning

Newspress Motorists are being warned about the rise of a new type of ‘crash-for-cash’ insurance scam dubbed ‘flash-for-cash’, which involves criminals flashing their headlights to let innocent victims out of side roads, then driving straight into them. Flash-for-cash incidents are said to be costing the UK car insurance industry £392 million a year – which means the scam is adding as much as £50-£100 to every ordinary driver’s insurance policy. Car insurance – scams and mythsMassive car insurance fraudsCompare car insurance As with better-known cash-for-crash schemes, where a criminal deliberately brakes their car for no reason so the person behind crashes into them, the major problem with tackling this kind of crime is that it’s difficult to prove.

Ford Edge, Ram 1500 lead list of month's best deals

Going to a dealership and paying below the sticker price of the car you're looking to take home always elicits a good feeling. TrueCar's monthly “Steals on Wheels” list details the best deals on vehicles currently on the market to make your bargain shopping dreams come true. Leading the pack so far this month are the 2013 Ford Edge SE and the 2013 Ram 1500 Outdoorsman.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.