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Crackdown on bogus claims helps insurance costs fall by 12%

CAR INSURANCE premiums have plunged at a record rate of 12% year-on-year amid a tougher clampdown to combat bogus motor accident claims which add to the costs of everyone's policies. The typical quote for annual comprehensive car insurance cover was £568 in October, marking a 4.5% drop on July and a 12.4% fall on a year ago, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. This is the biggest annual slide that the AA has on its records, which go back to 1994, and marks a sharp turnaround for motorists following a period of strong increases, with premiums rising by more than 40% just two years ago.

Aston Martin and Daimler sign technical partnership

Aston Martin Lagonda Ltd. and Daimler AG have signed a technical partnership between Aston, Daimler and Mercedes-AMG GmbH. Recall the companies signed a letter of intent back in July, and since then have been discussing options for cooperation.

Hyundai Genesis Concept

By Liz Turner First Official Pictures 26 March 2007 03:46 Hyundai Genesis Concept: the lowdown The first official pictures of Hyundai’s Genesis concept confirm that the company will soon be snapping at the heels of Lexus and Infiniti. The new executive saloon will be unveiled at the New York Show in April. There’s a 32-valve, 4.6-litre V8 under the hood sending power through a ZF six-speed auto and limited-slip diff to the rear wheels; we’re promised a 0-60mph time of less than 8.0 seconds.