Groupama is calling for price hikes in the motor market.

The call came from Groupama motor director Jack Brownhill who said: "There are already signs that rates might be on the slide.

"There are a number of substantial issues on the horizon in 2003 that could have a massive effect on rating levels. This is just not the time to preside over a reduction in rates - indeed the reverse needs to happen to keep the market healthy."

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