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Bid to cut car insurance premiums

THE COMPETITION WATCHDOG is proposing to impose a cap on replacement vehicle costs following motor accidents as part of a clampdown to help cut premiums for all drivers in the £11 billion private motor insurance market. The Competition and Markets Authority (CMA) said the cap on charges passed to the insurer of the driver who is at-fault in an accident for the cost of providing a replacement vehicle to the non-fault driver, would "more closely reflect the costs incurred and remove significant inefficiencies". The watchdog has previously found that the "complex chain" of claim costs following an accident collectively inflates premiums by as much as £200 million a year.

Exclusive: The Designers Pt1 – Gorden Wagener, Mercedes-Benz

Car Design News launched its first ever Car Design Review yearbook at the Geneva motor show, featuring the award-winning Production Car and Concept Car Designs of 2013. Over the next three months we'll be publishing – in their own words – world-exclusive interviews with the 12 professional design judges involved in these awards, featuring their individual votes, their views on the year just gone plus their hopes for the year ahead. Kicking off the series is vice-president of design for Mercedes-Benz, Gorden Wagener, talking up the global recovery, exciting new Mercedes design studios and why a certain Pininfarina coupé was his favorite concept of 2013...

Kimi Räikkönen to star at Festival of Speed

FORMULA One favourite Kimi Räikkönen has been confirmed as a star guest for the upcoming Goodwood Festival of Speed. The charismatic Finn will be at the famous Goodwood event as part of a wider celebration of motorsport heritage in conjunction with the Festival of Speed’s recently-announced chief sponsor, Shell. As well as bringing F1 racer Räikkönen and supplying the ‘official fuel’ for the event, V-Power Nitro+ premium unleaded, Shell will celebrate the 50th anniversary of legendary British racer John Surtees’ Formula One World Championship victory with Scuderia Ferrari.