When Fiscal Cliff was resolved, economists thought things would do well in the following quarter. In the month of April, the economy showed signs of falling. Economists are of the opinion that the economy is going to slow down this year as well. Though the economy might be performing, it is not upto expectations. In [...]
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Auto Insurers Offers Pay-Per-Mile Car Insurance
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Nowadays insurance companies throughout the United States are adapting new technology to accommodate consumer needs. Many insurers are using electronic system that allows them to monitor their customers and measure the number of miles they have driven. This insurance policy gained more popularity and which is so called ‘pay-as-you-drive’ or ‘pay-per-mile’ car insurance coverage. Insurers [...]
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Nov 26, 2012
Volkswagen Targets to Seal Porsche Purchase Before 2014
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German auto manufacturer Volkswagen (VW) wants to integrate the sports-car maker Porsche’s as soon as possible, by August 2014. According to company sources, the deal would be free of tax because “the right time has to come.”. However, neither party is interested to wait so long. According to reports of Wirtschaftswoche, a Business weekly, Porsche [...]
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Jun 27, 2012
GM Recalling All Cruz’s Over Fire Risk
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After reports of engine fires, General Motors(GM) Company is calling back all its 475,000 Chevrolet Cruze compacts, from 2009 through May 31. It’s a reversal for the Detroit automaker looking to raise sales of fuel-efficient compact cars. The recall includes 413,418 vehicles in 2011-12 Cruz’s in the United States, 61,299 in Canada, and 701 in [...]
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Jun 2, 2012
Benefits of SMS Marketing for Businesses
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Text messaging or SMS is commonly used tool in mobile marketing. This tool is popular among retail and FMCG businesses. SMS marketing is considered to be one of the highly effective strategies to survive competition in the market. Sending messages to people via SMS is a great strategy because the message is delivered to the [...]
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Apr 12, 2012
Mobile Bill Payment is Growing Very Fast: Reports
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The mobile bill payment is growing very fast in the youngsters these days. The bill payment through mobile is getting more popular all over the world. A new report released in 2010, says that the mobile payment is the fastest growing channel in the US consumer market. Specially the people who are in the age [...]
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Mar 16, 2012
US Auto Industry Plans to Hit 14 Million Vehicles Sales for 2012: Market Analysts
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US auto market has showed optimistic sales performance for 2011. All of the car manufacturers have received positive sales growth. After experiencing decline sales growth in 2009, the US automakers have received positive sales growth continuously since then. As usual the market analysts forecast the 2012 sales to be around 14 million units. Automotive analysts [...]
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Mar 16, 2012
Mercedes is the Leading Luxury Car Segment for December, 2011 in US
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The competitors in the luxury segment in the US auto market are few. Those are Mercedes-Benz and BMW. These two are closely competing to lead the segment. As on 10th December, 2011, Mercedes-Benz leads the segment by selling 5,000 units more than the competitor (BMW). Mercedes-Benz reached their deliveries successfully with the help of C-Class, [...]
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Mar 16, 2012
Volkswagen “Golf R” is the New Sports Car
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Volkswagen is continuously increasing its sales growth in the US auto market with the existing models. Volkswagen plans to introduce their new sports utility model car in earlier 2012. Golf R comes with more power and performance and with less gasoline consuming features. Volkswagen Golf R is designed using more advanced features. This car comes [...]
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Mar 16, 2012
Volkswagen is Increasing Its Sales in the US Auto Market
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German car manufacturer Volkswagen is getting a good sales response in the US auto market, it got the 35.6% sales growth for September, 2011 which more than the previous year, it sold 27,036 vehicles for this month. The cumulative sales growth for this year is found to be 22.2%. The officials from Volkswagen America Incorporation [...]
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Mar 15, 2012
Third Shift Facilities in US are Increasing Auto Production
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From this year some motor manufacturing companies adding additional shifting hours. Many facilities adding additional 8 hours as third shift those are providing additional jobs in the country. These third shift facilities have increased the facilities capacity by 80% which is double than 2009 capacity(41%). Demand of light vehicles in US is boosting the facilities [...]
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Mar 12, 2012
US Auto Industry is Emerging as the Strong Car Exporter
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Auto sales in US is increasing over the last few consecutive months. It has recorded positive sales growth for last year as well as for January. Along with sales, US auto industry becoming stronger with auto exports. The US is becoming a huge auto exporter over next few years. His automotive compiled the US export [...]
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Mar 12, 2012
BMW Increased Car Sales by 5.8% for January, 2012: US
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BMW group sales for January in US increased: BMW group ( BMW and Mini combined) posted 5.8% sales growth for January. It sold 19,739 units in January month which is more than last year sales 18,656 units. BMW brand sales for January increased with 3.4% to reported 16,405 units sales. Passenger cars posted 11,826 unit [...]
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Mar 12, 2012
Volkswagen and GM Announced New Jobs in US Plants
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Demand for auto in US is leading to increase in production. Similarly plants are advancing for effective production in technical and in output value. Major car makers in US General Motors and Volkswagen have announced their new requirements in plants. Both have announced about new job opportunities in their plants, Volkswagen recruited 200 members for [...]
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Mar 12, 2012
Mercedes-Benz Launched Its C-class Version Car
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German based luxury car manufacturing Mercedes-Benz launched new model ‘C-class car’ in the Indian auto market on 1st September 2011. Mercedes-Benz is powerful in the luxury car category. This new C-class car is introduced with better engine which reduces the carbon emission. This model comes with new designed LED headlamps. Mercedes-Benz first showed its new [...]
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Mar 9, 2012