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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.
Tesla Roadster Sport announced
Sun, 11 Jan 2009The Tesla Roadster Sport will be available from the summer, for around €112K, and claims a 0-60 time of 3.7 seconds, a 0.2 improvement on the existing Tesla Roadster. The extra power comes from fiddling with the stator in the motor and an increased winding density for less resistance (I’m sure that must make sense if you understand Electric Motors – I’m still stuck on the internal combustion engine – must keep up!). The Tesla Roadster Sport also gets Yokohama Ultra High Performance tyres and some suspension tweaks.
$4 gasoline fuels surge in March sales
Mon, 09 Apr 2012It feels counterintuitive. Expensive gasoline not only helped propel new-vehicle sales in the first quarter. It was a key factor in the surge.