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Insurance interest costs motorists millions

BRITISH drivers are paying £682 million more than they should be for their car insurance by paying monthly. Most insurers charge a high rate of interest for the privilege of spreading payments out over the year, with the average pay-monthly customer hit by an additional £88. Almost a third of people (31%) pay their car insurance by monthly direct debit, market research from Consumer Intelligence has discovered.

MICHAEL SCHUMACHER JOINS MERCEDES GP PETRONAS – Press Release

Michael Schumacher joins Mercedes - Press Release Below With seven Drivers’ World Championships, 248 Grand Prix starts, 91 victories, 154 podium finishes and 68 pole positions, the 40-year old German needs no introduction following an illustrious and record-breaking Formula One career from 1991 to 2006 at the Jordan, Benetton and Ferrari teams. Michael’s return to racing with MERCEDES GP PETRONAS sees his return to Mercedes-Benz Motorsport where he began his racing apprenticeship as part of the Junior Programme in 1990, racing in Group C sports cars and DTM, and sees Michael renew his partnership with Ross Brawn with whom he won all seven of his World Championships. Today’s announcement confirms the MERCEDES GP PETRONAS driver line-up for the 2010 season with Michael partnering his compatriot, 24 year old Nico Rosberg, in the Silver Arrows cars.

Alfa Romeo 159 (2009): new engines and trims

By Tim Swietochowski First Official Pictures 28 August 2009 10:52 Alfa Romeo has announced two new additions to the Alfa Romeo 159 engine range, which will also find their way into the Alfa Brera and Spider later in 2009. New trim options for the 159 have also been revealed.The first new powerplant is a 16-valve, turbocharged 1.7-litre petrol, which features variable valve timing and direct injection, developing 200bhp and 236lb ft of torque. The new 1750 TBi, which takes its name from the Alfa 1750 Berlina, propels the 159 to 62mph from rest in 7.7 seconds and on to a top speed of 147mph.Joining the petrol motor is a new common-rail 2.0-litre diesel, the JTDM, which produces 170bhp and 265lb ft of torque to give the derv 159 a 0-62mph time of 8.8 seconds and a top speed of 136mph.Are these new Alfa Romeo engines economical?The new petrol motor produces CO2 emissions of 189g/km (lowering the 159’s UK company car benefit-in-kind tax by six bands in comparison with the old 2.2-litre JTS engine) with the diesel pumping out 142g/km.