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publication date: Feb 21, 2012
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author/source: Robin Roberts
Wales-based Confused.com has launched a new partnership with Quotemehappy to offer insurance to careful drivers. Quotemehappy.com is an insurer that is specifically set up for careful drivers who want reliable, low-cost policies. The IAM is warning that from 1 July this year all drivers visiting France will need to carry a breathalyser kit in their cars, as French drivers will have to. From November there will be an €11 fine for not complying. With a start date for the new measure of 1 July 2012, the rules will apply for anyone travelling to or through France by car in the summer holiday season, even just for a day trip. Moody's Investors Service, which previously predicted light vehicle sales in Europe in 2012 would be roughly the same as last year, now expects volume to fall to 12.73 million units from 13.57 million in 2011. Moody's say Europe's combination of excess auto capacity and weaker demand will create pricing pressure and squeeze profits. The firm says Fiat and PSA Peugeot Citroen would be most vulnerable to declining revenue and also forecasts a 6% decline in light vehicle production this year. PSA Peugeot Citroen and Volkswagen AG are considering drawing on low-interest loans authorized by the European Central Bank, Bloomberg News reports. The two carmakers are eligible for such loans because they have banking licenses and Stefan Rolf, an executive at Volkswagen Bank GmbH tells the news service that VW may tap its ECB loan for longer term refinancing while PSA CFO Jean-Baptiste de Chatillon, says it is in talks with the European central bank and is offering more than €1 billion of collateral. Open for customer ordering, Renault's new performance flagships, Mégane Renaultsport 265 Cup and 265 are priced £24,825 and £26,025 on-the-road. The key improvement on the second phase of the French brand's halo model is a 15hp hike on its predecessor, plus an extra 20Nm torque, both released through the car's Renaultsport Dynamic Management programme. Britain's congested roads can foil the best-laid journey plans, but Toyota is leading the motor industry in being the first manufacturer to offer motorists the benefits of TPEG digital traffic information. TPEG - Travel Protocol Expert Group - is a key feature of Toyota Touch Pro, the most advanced version of the new Toyota Touch multimedia system. It works with a DAB digital tuner to provide more detailed, accurate and timely traffic information, co-ordinated with the vehicle's satellite navigation. Peugeot is revealing not one, but two concept cars in Geneva, which present two expressions of the Marque's upmarket trend in the supermini segment. These concept cars interpret the generation leap already defined by the 208 but in different contexts. The XY Concept is intended for city dwellers who love distinction and refinement, whereas the GTi Concept re-generates an iconic legend. MINI will reveal a new stand-out-from-the-crowd concept at Geneva, the Clubvan. It is a compact van for business and leisure, and the first premium model in the small car-based van segment and features twin back doors and versatile interior. |
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