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Telematics discounts tempting young drivers

INCREASING numbers of young drivers are opting-in to telematics-based car insurance in attempt to reduce their premiums. Specialist young driver insurer Carrot has reported a 62% rise in the number of its policyholders choosing to have a telematics device, consisting of accelerometers and a GPS tracker, fitted to their car. The company says that they could save up to 20% on their annual insurance premium, which for the youngest drivers almost always amounts to a discount of hundreds of pounds.

Hyundai reveals new 1.6 litre turbo petrol and 2.0 litre diesel engines

Will the Hyundai Veloster (pictured) get Hyundai's new engines? When we reported prices and specs last week for the new Hyundai Veloster, we were suitably impressed at what was on offer, with one exception – the engine. We’d been hoping for a little more oomph from the successor to the very good Hyundai Coupe, and we were a little disappointed that the only engine on offer was a 138bhp diesel.

Marchionne, Fiat execs tighten grip on Chrysler under unified management team

Sergio Marchionne, CEO of Fiat S.p.A. and Chrysler Group LLC, will retain oversight of the two automakers in North America under a single management team dominated by Fiat-bred executives. Four regional chiefs will be in charge of Fiat and Chrysler operations in North America, South America, Europe and Asia effective Sept.