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Porsche Panamera convertible plans uncovered

A series of European and U.S. patent applications obtained by AutoWeek show that Porsche remains committed to building a four-door convertible version of its flagship Panamera, despite recent comments from Zuffenhausen insiders indicating the car had been canceled. The new car, depicted in official drawings that accompany the latest Porsche patent applications filed in February, eschews the two-door route taken by all of its upmarket rivals for a practical four-door body.

Big fall in insurance premiums

DRIVERS are set to be quoted happy after it was revealed that insurance premiums have fallen by more than 14% over the last year. The typical quote for annual comprehensive car insurance cover was £533 in January, which was also a record 4.6% slide on the previous quarter, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market. The AA British Insurance Premium Index, which has been running for 20 years, found that the North West remains the most costly region to insure a car, with the average premium for someone who shops around standing at £809, although this region also saw the biggest price drop over the past quarter at 6.3%.

Cadillac ATS and XTS sedans coming in 2012

Two new Cadillac sedans will join the brand's lineup in 2012, the full-size XTS and the smaller ATS. The products were confirmed on Thursday by General Motors North America boss Mark Reuss at an auto-industry conference in Traverse City, Mich. The XTS is based on the XTS Platinum concept introduced at the 2010 North American International Auto Show in Detroit.