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New cars 'cheaper to insure' for young drivers

NEW CARS are actually cheaper for young drivers to insure than old bangers, insurance broker Be Wiser has claimed. Figures from the company reveal that the cheapest car for youngsters to insure at the moment is a Volkswagen Up, which costs around £3,000 per year based on a 17-year-old driver in a large city. The same customer looking to insure a 20-year-old Ford Fiesta would be facing a bill of almost £4,000, with insurance premiums even higher in some parts of the country.

Audi A1: American buyers not ready says U.S. chief De Nysschen

Audi of America President Johan de Nysschen says the United States and its small-equals-cheap mentality isn't ready for premium subcompacts such as the Audi A1, which goes on sale in Europe later this year. In an interview with Automotive News on Monday, de Nysschen said Audi is "seriously looking" at bringing the A1 to the United States in the car's next generation six to eight years from now. Bringing it here earlier could damage Audi's efforts to build widespread recognition for the brand, he said.

Techno group Daft Punk's Ferrari 412 being auctioned for Japan fundraiser

Here's a car that will appeal to Ferrari fans and techno fans--the 1987 Ferrari 412 shown at the start of the 2007 movie Daft Punk's Electroma. The Ferrari is one of several musician-related items being auctioned off by EMI Group as a fundraiser for disaster-relief efforts in Japan. The car is in mint condition, still wears the HUMAN license plate as seen in the movie, and it has been signed by Daft Punk members Guy-Manuel de Homem-Christo and Thomas Bangalter.