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Car insurance market condemned by MPs

CAR INSURANCE is a "highly dysfunctional market" in which firms' pursuit of profit has led to higher prices for consumers, a report by MPs has said. In some cases, business practices have not been in the consumer interest and have "inadvertently encouraged criminal activity", the report from the House of Commons Transport Committee said. There was no clearer example of this than "insurance firms' willingness to pay compensation for whiplash claims which they suspect are fraudulent without requiring the claimant to undergo a medical examination".

Citroen C4 2010/2011: Details and Photos

The 2011 Citroen C4 - debut at Paris & on sale late 2010. Yes, we knew there was a new Citroen C4 coming to this year’s Paris Motor Show (there’s also the C4 based Citroen DS4 as well). What we hadn’t quite expected was for Citroen to divvy up any sort of detail on the C4 quite yet.

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.