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2012 Volvo V40: Full set of photos leak

The 2012 Volvo V40 now leaks completely We have a full set of photos of the new 2012 Volvo V40 – ahead of a debut at Geneva 2012 – thanks to yet another leak. We’ve got used to new cars leaking out a bit at a time on the Interwebs, but photos of the new 2012 Volvo V40 have been leaking like a sieve for weeks, despite the official debut not being until Geneva in a week or so. First we had what looked to be a scan from a brochure of the new V40, followed closely by a couple of official exterior photos of the V40, just to be sure.

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".

Ferrari looks at layoffs, cuts back production

We guess it's not all GTOs and 458 Italias. The word out of Italy is that Ferrari is looking at cutting production and eliminating 9 percent of its workers after sister company Maserati cut engine orders. Ferrari made only about 4,500 engines for Maserati last year, compared with nearly 9,000 in 2008.