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Taggart motorcycle collection to cross the block during Pebble Beach weekend

Auction house Mecum will sell a collection of Michael Taggart's motorcycles along side the classics, vintage racers and exotics this year at Pebble Beach. They all will be offered at the third-annual Mecum Monterey Auction on Aug. 18-20 at the Hyatt Regency Monterey Hotel and Spa on the Del Monte Golf Course in California.

Millions lie to cut car insurance costs

New research suggests that up to 2.4 million British motorists may be at risk of invalidating their car insurance because they’re not being accurate about the information they provide. Mystery shopping and market research specialist Consumer Intelligence carried out the study, which reveals that one in 12 of us essentially admits to lying to our car insurance companies in an effort to try and save money. Common car insurance myths busted The £1.2m insurance quote: driver quoted £104K a month for old Vauxhall Corsa Although one in five said they made a mistake or did not know the reason, 60% of those queried about their misleading actions said they did so in a blatant attempt to get a lower premium.

Mandelson to announce help for car makers

Lord Mandelson is the man charged with finding ways to fund UK Car purchases (yes, he of the dodgy mortgage debacle – at least he should know a few tricks!) as the credit crunch has dried up funding, leading to an unprecedented drop in new car sales in the UK. Mandelson is due to make a statement in the Lords just after 3pm today, outlining the help the government is going to offer to ailing car makers. Central to this package is expected to be a funding channel directly from the Bank of England to inject liquidity in to the car financing sector.