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Car insurance premiums 'too high'

CAR INSURANCE premiums are too high and should be reduced through far-reaching reforms, the competition watchdog said today. The Competition Commission believes that too many drivers are footing the bill for unnecessary costs incurred during the claims process following an accident. These costs are initially borne by the insurers of at-fault drivers, but they feed through into increased insurance premiums for all drivers.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Land Rover Discovery Vision concept (2014) ‘see-through’ bonnet revealed

By Ben Pulman First Official Pictures 09 April 2014 10:22 Land Rover is set to unveil a new 4x4 concept at next week’s 2014 New York auto show, and not only will it preview the future design direction of an expanded Discovery-badged SUV range, but it’s packed with new off-road-aiding technology too. The design of the Discovery Vision concept remains under wraps until 16 April 2014, but ahead of its debut Land Rover has revealed the show car will feature its new Transparent Bonnet technology. Not quite.