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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%.

Used car sales hit record high

USED CAR SALES were at their highest in five years in 2013. There was a 0.9% increase in used car trades, with more than 6.8 million exchanges of ownership recorded, though this is still some way behind the previous record high of 7.8 million used car sales in 2008. Analysis from Experian shows cars aged nine years old or over were among the strongest performers in the used car market, with sales up 6% in 2013 compared to the previous year.

Baby Rolls-Royce named as Ghost

By Ben Pulman Motor Industry 20 April 2009 09:00 Rolls-Royce has revealed that its new sub-Phantom saloon will be called Ghost. The announcement was made by Rolls CEO Tom Purves at a press conference held at the Shanghai motor show this morning, and he also teased at other future models that will bear the Ghost name. RR4 was just the codename for the ‘baby’ Rolls, as it was the fourth model in the new-generation of cars under BMW ownership (after the Phantom, Phantom DHC and Phantom Coupe).