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Jaguar F-type is go! C-X16 sports car will launch in 2013

Jaguar tonight confirmed it will build the F-type - the final production name for the C-X16 concept car. The new Jag F-type will go on sale in a year's time, in early summer 2013, as a convertible first with an F-type coupe to follow in 2014. CAR understands it'll be positioned halfway between a Porsche Boxster/Cayman and a 911.

BMW to expand Mini lineup, looks at second assembly plant

BMW said it will increase Mini's model lineup to up to 10 vehicles while boosting the brand's production capacity in the U.K. and at a new contract manufacturing site, likely to be in the Netherlands. BMW will invest $388 million in its U.K.

Big fall in insurance premiums

DRIVERS are set to be quoted happy after it was revealed that insurance premiums have fallen by more than 14% over the last year. The typical quote for annual comprehensive car insurance cover was £533 in January, which was also a record 4.6% slide on the previous quarter, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. The AA British Insurance Premium Index, which has been running for 20 years, found that the North West remains the most costly region to insure a car, with the average premium for someone who shops around standing at £809, although this region also saw the biggest price drop over the past quarter at 6.3%.