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Cars, Harleys among items to be sold in dealer bankruptcy auction

Three cars, five Harley-Davidson motorcycles and five boats are among the items from bankrupt Minnesota car dealer Denny Hecker being auctioned off to raise money for creditors. The item list for the May 25 auction in New Germany, Minn., includes a 2004 Cadillac Escalade, a 2004 Mitsubishi Eclipse Spyder convertible and a 2002 Mitsubishi Montero SUV. This is the third sale of Hecker's possessions since last August to raise money for creditors.

Big fall in insurance premiums

DRIVERS are set to be quoted happy after it was revealed that insurance premiums have fallen by more than 14% over the last year. The typical quote for annual comprehensive car insurance cover was £533 in January, which was also a record 4.6% slide on the previous quarter, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. The AA British Insurance Premium Index, which has been running for 20 years, found that the North West remains the most costly region to insure a car, with the average premium for someone who shops around standing at £809, although this region also saw the biggest price drop over the past quarter at 6.3%.

Beijing Auto Show 2014 – Trends and Overview

With the New York auto show just one week earlier, many carmakers took the decision to use the Beijing show as their preferred choice of launch event. While the NYC expo holds decent sway on the US East coast, it could never hope to compete with the lure of the world's biggest – and fastest expanding – car market. With over 1,300 cars on display from scores of brands – both domestic and foreign – it's a fascinating bazaar of automotive hardware across the entire bandwidth of the industry.