A move by Ford to allow parents in the US to limit the speed at which their teenage children drive their car could reduce the cost of car insurance.
The car manufacturer will feature a computer chip in the key of many of its 2010 models that can limit the driver's speed to 80mph.
US parents will also have the ability to programme the car key to limit the sound system's volume and to sound continuous alerts if the driver fails to wear a seat belt.
More than 5,000 teenagers in the US, where most teenagers can get their drivers licence at 16, die each year in car crashes. The rate of crashes, fatal and non-fatal, per mile driven for 16-year-old drivers is almost 10 times the rate for drivers ages 30 to 59, according to the US National Highway Traffic Safety Administration.
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