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Whiplash claim legal costs rising
Mon, 04 Nov 2013GOVERNMENT 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".
Ghosn says Infiniti quality must improve to build sales
Mon, 20 May 2013The boss says quality is key to Infiniti's future. After years with Infiniti at the back of the premium pack, Carlos Ghosn, CEO of Infiniti's parent, Nissan Motor Co., has ordered his team to nail quality once and for all as part of a push to catapult Infiniti into the top three brands of the premium market. Buoyed by a favorable dollar-yen rate and an ambitious new top executive, Infiniti might have its best chance yet to crack those ranks.
Ford to unveil 'solar powered' hybrid car
Thu, 02 Jan 2014FORD IS to unveil a solar-powered concept car capable of 100 miles per gallon that offers the same performance as a plug-in hybrid - but without the need for a plug. The C-MAX Solar Energi Concept car, which will be revealed at this month's International CES gadget show in Las Vegas, uses a petrol engine combined with a gizmo that acts like a magnifying glass to concentrate the sun's rays on the vehicle's roof-mounted solar panels. Ford says the vehicle's estimated combined mileage is 100 miles per gallon.