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Springfield, Missouri, US
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Car insurance market condemned by MPs
Fri, 04 Jul 2014CAR 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".
F1 boss denies 'corrupt bargain'
Wed, 06 Nov 2013MOTORSPORT TYCOON Bernie Ecclestone has appeared at a High Court trial to defend himself against allegations that he made a "corrupt bargain" in a bid to stay at the top of Formula 1 racing. Mr Ecclestone has been accused of entering into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 group to a buyer "chosen" by him, A German media company says it lost out as a result of the deal and has taken legal action against Mr Ecclestone - chief executive of the Formula 1 group. Mr Ecclestone says Constantin Medien's claim "lacks any merit" and denies any "conspiracy".
Woken up to snow? Go grab a new Land Rover Freelander!
Fri, 18 Jan 2013Land Rover want you to know that if you’ve woken up to snow – and you want a 4×4 now – the Freelander 2 Black & White is a stock car. There are times of the year when it’s cheaper to buy certain types of cars, and times of the year when they get a bit pricey. The height of the summer is the best time to grab an SUV and the depths of a snowy winter the best time to grab a soft top.