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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.

Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.

Barrichello wins for Brawn in Monza

Barrichello wins the Italian Grand Prix in Monza The Brawns trailed Hamilton, Raikkonen and Sutil in the first stage of the race with their one-stop strategy, but the dividends of that strategy paid off with the Brawn duo taking the lead after the second pit stops by McLaren, Ferrari and Force India. Hamilton, in the McLaren, had a good race, and was challenging Button for second place in the closing stages. But, having got to within a second of Button on the last lap, he crashed out – probably by trying a bit too hard.