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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.

2011 Chevy Camaro Convertible revealed

The 2011 Chevy Camaro Convertible - V8 only in the UK It’s been a few years in the making, but Chevrolet has finally taken the wraps off the convertible version of the latest  Chevy Camaro ahead of its debut at the LA Motor Show next week. The Chevrolet Camaro Convertible – although no one will call it anything other than the Camaro Convertible, or maybe Chevy Camaro Convertible – goes in to production in January and will arrive in the UK and Europe in 2011. GM claim that the work they’ve done to make the Camaro work as a soft top has resulted in a  car that has better torisonal rigidity than a 3-Series Covertible, thanks to stuff like a tower-to-tower brace under the hood, a transmission support reinforcement brace.

BMW 640d xDrive announced

On Thursday, Greg Kable waxed effusively about the new BMW M550d xDrive coupe, suggesting that it was the ultimate 5-series for everyday use. On Friday, Munich announced that the 5's two-door sibling will receive an AWD diesel variant: the 640d xDrive. While not quite as high-zoot as the 5-series' top oil burner, the 640d's 3.0-liter, twin-turbo straight-six cranks out a respectable 465 lb-ft of almighty torque between 1,500 rpm and 2,500 rpm, plus 313 hp at 4,400 rpm—numbers that, according to BMW, will carry the 6-series to 60 mph in 5.2 seconds.