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Telematics discounts tempting young drivers
Wed, 17 Sep 2014INCREASING 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.
Hyundai rules out separate premium brand
Fri, 01 Apr 2011Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates. "There are no plans for Hyundai to make a separate brand," Vice Chairman Shin Jong-Woon said in an interview Friday at the carmaker's headquarters in Seoul, South Korea.
Honda Skydeck Concept at Tokyo
Wed, 30 Sep 2009The Honda Skydeck Concept will be shown at the Tokyo Motor Show We had Honda’s CR-Z Concept earlier, and now we gate Honda’s take on the new Ford C-Max – the Honda Skydeck Concept. But again, it’s more than a concept. This is Honda’s planned replacement for the FR-V – just bigger and a lot more contemporary.