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Car insurance 'ghost broker' jailed

A "GHOST BROKER" from south-west London has been jailed at the Old Bailey for what is believed to be the UK's biggest fake car insurance scam, police said. Danyal Buckharee created four websites offering cheap car insurance and used paid-for advertising to ensure his online enterprises appeared at the top of internet searches. Between May 2011 and April last year he used the websites to dupe 600 drivers into buying worthless policies over the phone, the investigation by City of London Police's Insurance Fraud Enforcement Department (IFED) found.

Bentley slaps on a 5 per cent price hike for UK Cars

Bentley are raising UK Car Prices by 5% from 1st April 2009 I’m sure all us Brits still think of Bentley as a good old British Car Producer. But when we pause and think we remember that they are in fact part of VW, and therefore very much a European car maker. Which explains why, despite the cars being bolted together here, Bentley feels the need to put UK Car prices up by 5% from 31st March, due to the current weakness of Sterling.

GM and Koenigsegg agree Saab sale

By Ben Pulman Motor Industry 16 June 2009 11:00 American car giant General Motors has signed a memorandum of understanding for the purchase of Saab by an investment group led by Swedish supercar manufacturer Koenigsegg. That's the deal. Supercar maker Koenigsegg Automotive, together with a consortium of private investors, has formed Koenigsegg Group, which has reached a ‘tentative agreement’ to buy Saab from GM.