Business

Business

The US Economy Shows Signs of Slow down

- by ndcuser4

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 January, the taxes were increased, sectors such as employment, housing grew strongly. The GDP is said have grown as high …

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Business

Auto Insurers Offers Pay-Per-Mile Car Insurance

- by Gavin Moodie

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 are offering competitive car insurance rates based on the electronic verification of miles driven that is tracked through the GPS …

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Business

Volkswagen Targets to Seal Porsche Purchase Before 2014

- by Jayden Attard

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 SE found a way to sell the remaining 50.1% of its auto production plant to VW without paying an estimated …

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Business

GM Recalling All Cruz’s Over Fire Risk

- by Dylan Thurston

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 Israel. Detroit-based GM wanted to change the engine shield, which will prevents liquids from being cornered in the engine compartment, …

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Business

Benefits of SMS Marketing for Businesses

- by Adrian Fisher

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 customer directly. The SMS service is generally used for different purposes such as recruiting, marketing, customer care services, etc. The …

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Business

Mobile Bill Payment is Growing Very Fast: Reports

- by Adrian Fisher

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 group 18- 34 are very much interested to make mobile bill payments and they feel comfortable with the mobile bill …

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Business

US Auto Industry Plans to Hit 14 Million Vehicles Sales for 2012: Market Analysts

- by Adrian Fisher

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 in Detroit auto show conference revealed 2012 sales to be between 13.3 million to 13.9 million units. An analyst from …

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Business

Mercedes is the Leading Luxury Car Segment for December, 2011 in US

- by Adrian Fisher

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, E-Class and redesigned M-Class models. Mercedes-Benz increased these brand sales growth with 47% to sell 26,796 units. Mercedes-Benz C-Class increased …

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