Hennessey Venom GT claims Guinness World Record

We've been talking about the Hennessey Venom GT for what seems like decades now and the verdict seems to be: it's fast. Of course, it should be. When you shoehorn a 7.0-liter V8 Corvette engine into a Lotus body, add a pair of turbochargers and channel it through two slabs of rubber in the back, the machine will move.

Bid to cut car insurance premiums

THE COMPETITION WATCHDOG is proposing to impose a cap on replacement vehicle costs following motor accidents as part of a clampdown to help cut premiums for all drivers in the £11 billion private motor insurance market. The Competition and Markets Authority (CMA) said the cap on charges passed to the insurer of the driver who is at-fault in an accident for the cost of providing a replacement vehicle to the non-fault driver, would "more closely reflect the costs incurred and remove significant inefficiencies". The watchdog has previously found that the "complex chain" of claim costs following an accident collectively inflates premiums by as much as £200 million a year.

Iowa distributes thumb bands imprinted with ‘TXTING KILLS'

Thumb bands that read “TXTNG KILLS” have been making their way around the state of Iowa, the Wall Street Journal reports. The bands--which are meant to serve as a reminder to avoid texting while driving--have been distributed at events such as the Iowa State Fair and the Iowa-Iowa State college football game. “A lot of people want them for their kids,” Courtney Greene, spokeswoman for Iowa's Department of Public Safety, told the Wall Street Journal.