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Video: Road & Track presents The Five Minute Car Design with Tom Matano

Tom Matano – designer of the Mazda MX-5 and executive director of industrial design at Academy of Art University – is the subject of Road & Track's second ‘The Five Minute Car Design' video feature. The R&T crew headed to Matano's design studio and asked him to create his ideal sedan in just five minutes before destroying it at the end of the film. This latest video is the second in the series, which started with Ian Cartabiano from Calty Design in California design and destroy his ultimate sports car.

Aston Martin sells 38% stake to Italians to raise cash

Aston Martin today announced a deal with Italian private equity fund Investindustrial, securing a £150m investment to own a 37.5% stake in the business. Aston Martin hopes this should secure the long-term future of the beloved but hitherto financially wobbly sports car maker. Together with the new owners, it announced a £500m investment in future product.

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.