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News articles - 22 February 2012 to 28 February 2012


A recent report by the Telegraph has indicated that the number of car insurance holders in India has gone up by 2.5 million in 2011. Experts expect this figure to increase further by an annual increase of 3 million by 2015.
Five members of a gang of illegal car clampers have been jailed for defrauding innocent car insurance customers in the West Midlands. Each member of the gang received a jail sentence between 12 - 32 months.
General Motors (GM), the US car giant, have posted record profits for 2011, in spite of huge losses in its European operations.
Renault, the French car manufacturer, has seen a 9% increase in annual sales, thanks to growing demand from motor markets outside of Europe.