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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.

New Kia Magentis / Kia Optima (2011) revealed

Kia will reveal the 2011 Magentis/Optima at the New York Motor Show in April Hot on the heels of the sketches we saw of the 2011 Kia Magentis just before the Geneva Motor Show, we now get a photo of Kia’s take on the Hyundai i40 (well, a CGI anyway). Which does seem a long lead time. We know that Kia intend to show the Magentis/Optima at the New York Motor Show next month, but we’re not expecting to see the Magentis in showrooms until 2011.

Three new Maseratis coming in quick succession - Marchionne

Maserati is preparing a trio of new products for launch in quick succession, Fiat chief exec Sergio Marchionne has confirmed. In an interview after addressing the CBI business conference in London yesterday, he said a successor to the Quattroporte, a smaller Maserati and the Kubang would reinvigorate the Maser range. 'Maserati will increase its volumes by having three cars,' said Marchionne, confirming a replacement for the Quattroporte, the SUV and 'a much smaller four-door.