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911 Turbo S ‘Edition 918 Spyder’ revealed

Porsche 911 Turbo S ‘Edition 918 Spyder’ Earlier today we reported that Porsche has finally got round to putting the 918 Spyder on sale at a rather eye-watering £678k. And there will only be 918 built. But that wasn’t the only car Porsche revealed this morning.

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.

UK new car registrations up again in July

New car registrations in the UK have risen for the fifth month running, with a total of 143,884 new cars registered in July 2012. The UK is continuing to buck the European trend with new car registrations up by 9.3 per cent in July (2102) to 143,884 according to new figures released by the Society of Motor Manufacturers and Traders (SMMT). That figure is the largest sales volume of 2012 and is the fifth month in a row that new car registrations have risen, despite economic woes and the Eurozone crisis, and brings registrations in 2012 to 1,201,564 so far, leading the SMMT to increase their prediction for 2012 sales upwards to 1.97 million.