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VW eyes stake in Suzuki, report says

Volkswagen looks to stake an ownership stake in Suzuki Motor Co. by the end of this year, according to a report in Automobilwoche, a sister publication of AutoWeek. "We expect that there will be a basic agreement this year," the German-language publication quoted an unnamed Suzuki executive as saying.

PRE-WAR CARS MAY GET MOT TEST EXEMPTION

PRE-WAR vehicles may have their requirement for an annual MoT test removed, it has been suggested. A meeting between Transport Minister Mike Penning and members of the All Party Parliamentary Historic Vehicles Group, led by Lord Montagu of Beaulieu, has resolved to address the issue. The extremely low accident rate for such vehicles, the vast majority of which are kept in pristine condition by avid collectors, means there is little need for a MoT test, the group argued.

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.