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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.

Many enthusiast rides post strong sales in 2010

The fast and the luxurious models from a wide range of carmakers sold briskly in 2010, offering heart to enthusiasts that their favorite drives have bright outlooks and that the auto business is on the rebound. Let's start with the muscle cars: As predicted in December, Chevrolet's Camaro sales topped the Ford Mustang's numbers for the first time in 25 years. In the Camaro's first full year since production ended after the 2002 model year, Chevy rung up 81,299 Camaro sales, beating Mustang by 7,583 cars.

The 2015 Porsche 911 Targa will debut Monday

Porsche's bringing the 997-generation 911 Targa to the Detroit auto show and you can watch it debut live at 11:45 AM EST on Monday, January 13. We've been told to expect a "retro" look, "Echoing the design of the original 911 Targa of 1965..." though we're not expecting to see a soft rear window. To watch the debut on Monday, click here.