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‘Hidden’ damage on hire cars costing drivers

MORE THAN one in three hire car users have found unreported damage on hired vehicles upon collection, according to new data. A survey conducted by YouGov found that 37% of business travellers found damage to their hired vehicle which was not marked down on the documentation when they collected the car. This could lead to the user being charged for the damage and liable to lose any insurance excess amount – which could be as much as £2,000.

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.

McLaren P13 – first OFFICIAL details and image

McLaren P13 (pictured) first OFFICIAL details revealed It was only last month that we had official confirmation that the McLaren P13 – McLaren’s more affordable mid-engined supercar – would arrive in 2015 to take on cars like Audi’s R8 and the top end Porsche 911s. Now McLaren has gone a bit further and revealed details of the P13. The McLaren P13 – shown above in a sketch by McLaren’s design boss, Frank Stephenson – looks to take its design cues more from the MacLaren P1 than the 12C – a good thing – and will utilise the same carbon fibre MonoCell chassis as the P1 and 12C as well as a de-tuned version of the same 3.8 litre V8 turbo.