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Your Fisker Karma is ready, Mr Di Caprio

The firts Fisker Karma is off to Leonardo di Caprio - without the leggy passenger The Fisker Karma has been on its way for what seems a very long time. But finally, Henrik Fisker’s eponymous company is delivering what it’s been promising, and the first recipient later this month of the Karma will be Leonardo di Caprio. Henrik Fisker has a few more famous faces in his 3,000 order bank including Al Gore (former vice President and the man with the disingenuous climate-change campaign to his credit) and Colin Powell (best know for the Gulf war and being the only man called Colin who can’t pronounce his own name).

Car insurance cost at four-year low

THE COST of insuring a car has fallen to a four-year low as motorists benefit from a record 19% drop in average premiums compared with a year ago. The Confused.com car insurance price index, in association with Towers Watson, reveals the average cost of comprehensive car insurance in the first quarter stood at £596, a drop of £140 against this time last year. The figure, including a reduction of 7.5% on the previous quarter, means that average premiums have dipped below £600 for the first time since late 2009.

Porsche reports big drop in sales

Well, it’s not exactly a surprise, given the doom and gloom in the industry at the moment, but Porsche has just reported a 27% drop in sales, down to 34,000 units, over the last six months. As you would expect, some models fared worse than others. The recently updated Porsche 911, which has had mid-cycle tweaks including the new PDK ‘box, held up pretty well.