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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.

Abarth Launches Custom Track Package To Celebrate 65 Years’ Heritage

THE NEW Abarth 500, offered with additional equipment and a bespoke Abarth track experience, is the latest deal being offered by the performance car manufacturer. Just 65 of the brand’s 500 Custom models are being made available, in recognition of the 65 years since Abarth & C. was formed in Italy by Carlo Abarth.

Lotus Cars prepares to hire Lutz, Purves as advisers, sources say

Lotus Cars Ltd. is poised to tap former General Motors Co. product guru Bob Lutz and retired BMW executive Tom Purves to advise the British niche carmaker on a five-year turnaround plan.