Whiplash claim legal costs rising

GOVERNMENT attempts to reduce legal costs from whiplash injury claims seem to be failing. The average legal costs for small, whiplash-like third party injury (TPI) claims now stand at £2,500 per claimant, according to a report by the Institute and Faculty of Actuaries. The institute said this was a 15% increase since 2010 "when the Ministry of Justice introduced new measures which sought, in part, to contain legal costs".

To Infiniti and beyond at Goodwood

LUXURY Japanese car maker Infiniti gave the UK public something to savour at the Goodwood Festival of Speed, with a high-octane combination of well-known faces and high-speed timed runs up the famous hill-climb. Christian Horner, team principal of Formula One team Red Bull, took turns at the wheel of the 568-horspower Infiniti Q50 Eau Rouge prototype, sharing driving duties with professional racer Sébastien Buemi. Members of the public queued for access to the road-going Q50 range, which was also on offer for hill-driving duties, and some were even treated to a turn in the FX Vettel Edition: a chunky SUV with handling and performance tuned with the direct input of four-time F1 world champion Sebastian Vettel.

Tesla offers finance deal on Model S

Tesla Motors has joined forces with USBank and Wells Fargo Bank to create vehicle financing and leasing products that allow consumers to lease a Model S electric sedan for a net payment of about $500 a month after a 10 percent down payment and calculated savings. The 10 percent down payment often will be covered by federal and state tax credits available on electric vehicles. However, the $500 a month payment is an "effective" monthly payment.