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Peugeot Exalt Concept: OFFICIAL

The Peugeot Exalt Concept (pictured) now officially revealed We had the first photo of the Peugeot Exalt Concept earlier in the week, but now Peugeot has caught up with that reveal and released a gallery of photos of the Exalt and details too. With strong design hints from Peugeot’s Onyx Concept – like the long bonnet, short overhangs, bold wheel-arches and crisp lines – the Exalt appears to be a five-door hatch even though it looks like a four-door swoopy coupe. Peugeot has hand-made the bare metal body panels of the Exalt and covered it in part with a ‘Shark Skin’ material which is said to improve aerodynamics and fuel consumption.

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.

Investindustrial take 37.5 per cent stake in Aston Martin

InvestIndustrial – former owners of Ducati – have taken a 37.5 per cent stake in Aston Martin for £150 million. We’ve been proclaiming for more than a year that Aston Martin needs new investment, and AML finally confirmed as much a few weeks ago. And just yesterday we revealed a deal for Aston Martin was now a one horse race.