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Car insurance premiums 'too high'

CAR INSURANCE premiums are too high and should be reduced through far-reaching reforms, the competition watchdog said today. The Competition Commission believes that too many drivers are footing the bill for unnecessary costs incurred during the claims process following an accident. These costs are initially borne by the insurers of at-fault drivers, but they feed through into increased insurance premiums for all drivers.

Pininfarina Sintesi

By Guy Bird Motor Shows 10 March 2008 12:03 What’s new on Pininfarina’s Geneva Motor Show stand? Italian coachbuilder and design house Pininfarina showed another stunning concept at Geneva to follow the 2005 Maserati Birdcage and 2004 Nido. The 2008 Sintesi is strictly an ‘ideas concept’ imagining a future vehicle that can communicate with other cars to avoid traffic and accidents and thus reduce the need for current passive safety requirements – like longer and heavier front noses to meet pedestrian impact laws.

Vauxhall & Opel could merge with Peugeot Citroen.

GM Europe (Opel and Vauxhall) could extend their deal with PSA (Peugeot Citroen) with a Joint Venture or merger. When GM Europe and PSA announced they were forming an alliance earlier this year, we asked if this was an admission that the mainstream car market in Europe had changed forever, and an alliance between Opel, Vauxhall, Peugeot and Citroen was the only way to keep the brands viable. But we did also question what use a projected annual saving of €2 billion by sharing suppliers and co-developing platforms would be to PSA and GM considering their woeful losses.