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180,000 'lied over motor insurance'

NEARLY 3,500 cases of motorists lying on their applications for insurance or deliberately leaving relevant information off them are being uncovered by insurers each week, new figures reveal. Some 180,675 attempts to make fraudulent applications for motor insurance as people tried to get cheaper cover than they were entitled to were detected last year, equating to around 3,475 incidents a week, according to data released by the Association of British Insurers (ABI). These claims were exposed as lies by the insurer either at the point when the person applied for a policy, or after they had obtained cover and had gone on to make a claim.

GM's Henderson says no decision yet on bankruptcy

General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.

Vauxhall & Opel – no plant closures before 2014

Will the new Mokka help GM in Europe Despite reports that GM Europe are planning closures at Vauxhall and Opel, GM boss says there will be no closures before 2014. GM in Europe are not having an easy time of things, with both Vauxhall and Opel struggling for sales as the car market in Europe polarises and the mainstream car makers struggle. GM have made some moves to consolidate their European operation with a co-operation agreement with Peugeot Citroen, but that deal has more of a sticking plaster feel to it than a real way to fix the issues of over-production in a difficult European market.