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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.

What's New - January 2006

Volvo S80     Volvo has released pictures of the second-generation S80, a model series which when first launched in 1998 revived the Swedish brand with less slab-like, more expressive styling. This new model evolves those themes, and with it now carries Volvo's compact V8 that first appeared in the XC90 SUV last year. With 315PS put to the road through all four wheels, it will be Volvo's spearhead for penetrating the crucial American market and luring 35,000 new owners each year.

Ford, GM work together on new nine-, 10-speed transmissions

Ford Motor Co. and General Motors are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs. The rivals say partnering on the automatic front- and rear-wheel-drive gearboxes will get them to market faster and cheaper than each automaker could do on its own.