Automotive – Page 3 – News Developments

Auto Insurers Offers Pay-Per-Mile Car Insurance

November 26, 2012March 16, 2015 - 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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Volkswagen Targets to Seal Porsche Purchase Before 2014

June 27, 2012February 15, 2016 - 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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GM Recalling All Cruz’s Over Fire Risk

June 2, 2012February 15, 2016 - 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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Lexus LS 460 Model to be Launched in 2012

October 18, 2011August 19, 2021 - by Gavin Moodie

North American division of Lexus recently announced that the new Lexus LS 460 model comes with excellent multi information system, navigation system and audio, video system. The interior area is covered with leather and wood-trimmed combination.

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GM Stands as a Leader in Sales For August 2011

September 20, 2011December 11, 2015 - by Gavin Moodie

GM is one of the top motor manufacturing brands in the US. It has been performing well in the US for 2011 and has become a sales leader for August, 2011. It registered increased sales growth with 15.3% which is more than the sales growth for the same period in the last year. It has improved its sales with 30,000 units and light trucks. It is performing well in the small car sector also. Edmund’s …

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US Auto Sales Rebound Again in August, 2011

September 18, 2011March 13, 2015 - by Gavin Moodie

US auto sales performance is good for August, 2011. According to automakers report on September 1st, US auto industry has registered two digit sales growth for month of August. US car sales rebound from July, 2011. Most of the Americans purchased SUV’s and Pickups. SUV sales for August 2011 is 110,786 vehicles with 40.7% improvement than last year and Pickup cars increased its sales growth with 12.9 % than last year. GM performed very well …

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G.M. Will Accelerate Chevrolet’s Malibu Production

May 12, 2011December 16, 2013 - by Gavin Moodie

The manufacturing of the 2013 Malibu will begin in January 2012 and the cars will reach the dealers sooner than expected. Malibu will be introduced to the public on Chevrolet’s Face book page and at the Shanghai Auto Show. The car will be introduced at the New York Auto show. G.M. has already indicated that it will be using the same platform as Buick Regal for the production of Malibu and this car will be …

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Lexus Aims for Lifting its Brand in Europe with CT200h

May 11, 2011December 16, 2013 - by Gavin Moodie

European car market is dominated by the German automakers and the Lexus wants to step up in volume with a new entry hybrid model, the CT200h. German car makers like BMW, Audi and Mercedes Benz each reached annual sales of 600,000 units in 2010 where the sales of Lexus were under 17,000. But the Lexus did well in the North American auto market. If a company is looking at the European premium car marketplace, it …