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Temecula, California, US
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Crackdown on bogus claims helps insurance costs fall by 12%
Wed, 23 Oct 2013CAR INSURANCE premiums have plunged at a record rate of 12% year-on-year amid a tougher clampdown to combat bogus motor accident claims which add to the costs of everyone's policies. The typical quote for annual comprehensive car insurance cover was £568 in October, marking a 4.5% drop on July and a 12.4% fall on a year ago, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. This is the biggest annual slide that the AA has on its records, which go back to 1994, and marks a sharp turnaround for motorists following a period of strong increases, with premiums rising by more than 40% just two years ago.
Kia to show KND-7 concept at CES in Las Vegas
Tue, 07 Jan 2014Even though just a few years ago cars weren't a prominent part of the annual Consumer Electronics Show in Las Vegas, it is now an event filled with automakers and their concept cars. And for the 2014 edition of the massive show, Kia will bring their KND-7 concept. The KND-7 features a 1.6-liter turbocharged GDI (gasoline direct injection) four-cylinder engine good for 201-hp, along with cheeky exterior design.
GM China opens Advanced Design Center in Shanghai
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