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Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.

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.

First Sight: Renault Radiance concept truck

At this years IAA truck exhibition in Hannover, Germany, Renault Trucks surprised everyone by presenting a dynamic look into its future with the 'Radiance' concept truck. By capitalising on the cultural heritage of the brand, based on the three values of efficiency, 'caring and daring', and innovation, Renault Trucks have produced what they imagine to be a 'dream truck' which outlines their truck design language for the future. Xavier Allard, the design cheif of Renault Trucks explains his newest creation: "It should give people a look into a new chapter in the history of Renault Trucks".