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Crackdown on bogus claims helps insurance costs fall by 12%

CAR 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.

2013 Fiat 500 gets modest turbo model

Fiat is adding a midlevel model, the 500 Turbo, to its U.S. lineup for 2013. The car will get a turbocharged 1.4-liter MultiAir engine rated at 135 hp and 150 lb-ft of torque.

2014 Jeep Cherokee delayed?

Chrysler Group late today took the unusual step of postponing a planned media drive of the 2014 Jeep Cherokee scheduled for early next month but vowed that "vehicles will still be in showrooms in September." The media event -- in which waves of national and foreign journalists were to gather in Seattle between Aug. 8 and 14 to drive the Cherokee for the first time -- was delayed until at least the first half of September, according to an email from the automaker. "Over the last couple of weeks during final quality and durability testing, we have discovered the opportunity to further improve powertrain calibration" in the Cherokee, the company said.