Industry News from Yes Insurance

The Jaguar XF has been given a top automobile award from an industry publication.

Auto Express has given its Car of the Year prize to the vehicle as part of its New Car Honours 2008 ceremony.

This is the latest prize the model has picked up since it was launched in March, following gongs from What Car? magazine, What Diesel magazine, the Sun Motoring and Top Gear magazine.

And car insurance customers who own the vehicle may feel like Jaguar Cars UK managing director Geoff Cousins - "absolutely thrilled".

"This has been a fantastic year for Jaguar with the XF leading the success of our revitalisation plan ... We couldn't be more pleased with the reaction it has received," he said.

Gadget website T3.com this week unearthed pictures of a motorcycle built to resemble the Jaguar logo.

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Drivers in the UK could be set to pay more when it comes to buying cars at auction in the future, a motor industry body has claimed.

Research from the RMI Society of Motor Auctions (SMA) has found that prices will have to go up at auction houses in order to accommodate new economic pressures.

According to Louise Wallis, head of the SMA, low costs can only be sustained when turnover is high - blaming this year's credit crunch for the increase.

Indeed, motorists may already be feeling the pinch of greater motor costs with petrol prices and car insurance bills going up.

"Energy and business rates have both increased, as has the cost of insurance, labour and consumables. The 50 per cent increase in fuel prices since December last year has also made a significant impact on margins," said Ms Wallis.

Meanwhile, Easier has cited research showing that 64 per cent of UK drivers will be looking to pick up a used car next time they buy.

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An environmentally-friendly automobile-lending service has been announced as the latest member of the British Vehicle Rental and Leasing Association (BVRLA).

Green Motion has pledged to follow a number of criteria in order to provide a quality service for its customers, including the guarantee that vehicles are clean and safe, with low mileage.

BVRLA's charter also states that the firm must give complete pricing details in order to ensure it does not hit customers with hidden charges.

This in turn could help drivers pay for their car insurance policies as it will free extra money up.

"Green Motion's membership of the BVRLA further strengthens our organisation's commitment to deliver the highest levels of customer service to both our retail and corporate hirers," said Green Motion founder Richard Lowden.

This comes as Hybrid Car News has stated that despite the demand for environmentally-friendly cars, companies still do not know how to properly market them.

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