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BMW-Mercedes alliance: the latest news

By Georg Kacher Motor Industry 06 October 2008 17:13 BMW and Mercedes are continuing to work on joint projects, CAR can reveal. The two premium brands reckon working together might just stave off the threat of the credit crunch, collapsing car sales in key markets and the uncertainty wobbling the very foundations of the motor industry. But the BMW-Merc collaboration is proving difficult, according to executives in Germany contacted by CAR.

180,000 'lied over motor insurance'

NEARLY 3,500 cases of motorists lying on their applications for insurance or deliberately leaving relevant information off them are being uncovered by insurers each week, new figures reveal. Some 180,675 attempts to make fraudulent applications for motor insurance as people tried to get cheaper cover than they were entitled to were detected last year, equating to around 3,475 incidents a week, according to data released by the Association of British Insurers (ABI). These claims were exposed as lies by the insurer either at the point when the person applied for a policy, or after they had obtained cover and had gone on to make a claim.

McLaren F1 GTR Longtail sells at Gooding & Co for $5.28 million

McLaren F1 GTR Longtail (pictured) sells at Gooding & Co for $5.28 million Even with the arrival of the new McLaren P1, the ultimate supercar is still the McLaren F1. The McLaren F1 is one of rarest of the more modern supercars, and McLaren produced just 64 road going F1s in addition to a number of racing versions, with the F1 GTR Longtail the last, and rarest, of the breed. So the arrival of a McLaren F1 GTR Longtail on the auction block at Gooding & Co’s sale in Scottsdale raised expectations of a possible record-breaking price for the GTR Longtail, with pre-sale estimates putting the price between $5 and $7 million.