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Insurance interest costs motorists millions

BRITISH drivers are paying £682 million more than they should be for their car insurance by paying monthly. Most insurers charge a high rate of interest for the privilege of spreading payments out over the year, with the average pay-monthly customer hit by an additional £88. Almost a third of people (31%) pay their car insurance by monthly direct debit, market research from Consumer Intelligence has discovered.

Lexus offers coupons for F-Sport accessories in July

Lexus is offering a 20 percent discount coupon for use on all F-Sport accessories in July that's worth up to $2,000. Lexus recently added the IS C and the GS to the accessory line, which includes forged alloy wheels, brake upgrades, a sway bar kit and other items. The discount is valid at Lexus dealerships, and it's limited to one per customer.

Toyota's Lentz to say electronics not to blame for acceleration problems

Toyota Motor Sales U.S.A. President James Lentz plans to stick to his guns and tell skeptical lawmakers Tuesday that the company's unwanted acceleration problems do not stem from electronic defects, a copy of his testimony shows. Lentz's reiteration of Toyota's longstanding position suggests that top company executives were unmoved by sharp criticism of that stance Monday by House Energy and Commerce Committee Chairman Henry Waxman.