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Video: GM's Clay Dean on the future of urban mobility

Clay Dean is the star of a new Faces of GM video, Anticipating the Driving Experience of the Future. The global design director for GM's Advanced Design Group, whose job also entails exploring future transportation design solutions, talks about the need to avoid short-term thinking on urban mobility, as by 2030 60 percent of the world's population will live in cities. As new challenges start to emerge, such as increasing congestion, Dean believes it is time to start thinking about transportation in a completely different way.

Car insurance premiums 'too high'

CAR INSURANCE premiums are too high and should be reduced through far-reaching reforms, the competition watchdog said today. The Competition Commission believes that too many drivers are footing the bill for unnecessary costs incurred during the claims process following an accident. These costs are initially borne by the insurers of at-fault drivers, but they feed through into increased insurance premiums for all drivers.

Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.