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Sep
16th

Teen driver safety: The GDL Kickback: The insurance industry wants teens off the road, period. But there’s a potentially deadly payoff.

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News that fewer teenagers are getting driver's licenses has been greeted with consternation in some corners, but it couldn't make the insurance industry happier. Full story...
Sep
16th

State of Scion: What’s next for the original alternative-rock car brand:

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and#8220;This is gonna be awesome!and#8221; the spiky-haired guy in the Scion video screams, epitomizing in five words the enthusiasm the youth-oriented brand has tried to stand for over its seven-year history. Full story...
Sep
16th

Marchionne targets Chrysler IPO in second half of 2011

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Fiat and Chrysler CEO Sergio Marchionne said today the Italian automaker could increase its stake in the U.S. Full story...
Sep
16th

Marchionne targets Chrysler IPO in second half of 2011

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Sergio Marchionne said Fiat could increase its stake in Chrysler from the current 20 percent to 35 percent by the end of next year and that Chrysler plans to launch its public stock offering by the end of 2011. Full story...
Sep
16th

INTERVIEW: Q&A with Flabeg on rearview mirrors

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In this interview, Matthew Beecham talked with Martin Kölbel, senior key account manager for Flabeg Holding GmbH about the company's rearview mirrors. Full story...
Sep
16th

Strong unit sales to drive BMW third-quarter results

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Strong unit sales will power BMW's third-quarter results, Chief Financial Officer Friedrich Eichiner said, adding that a seasonal slowdown it was expecting was not as strong as it had forecast. Full story...
Sep
16th

GM will be patient with Opel turnaround, CEO Akerson says

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General Motors will be 'patient' with efforts to turn around its unprofitable European unit, CEO Dan Akerson said. Akerson doesn't see a need to find a partner for Opel unit at this time. Full story...
Sep
16th

GM will be patient with Opel turnaround, Akerson says

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General Motors will be 'patient' with efforts to turn around its unprofitable European unit, CEO Dan Akerson said. Akerson doesn't see a need to find a partner for Opel unit at this time. Full story...
Sep
16th

GM’s Akerson: Taxpayer payback will take several years

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General Motors Co. results "over the next several years" will determine how quickly the U.S. government bailout that saved it last year is paid back, GM CEO Dan Akerson said today. Full story...
Sep
16th

RUSSIA: Russian Machines confirms Wolf as chairman

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Russian Machines, the industrial and engineering company of Basic Element, has appointed former Magna International co-CEO Siegfried Wolf as chairman. Full story...
Sep
16th

RUSSIA: Michelin plans truck retreads

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Michelin plans to spend over EUR10m in the development of truck tyre retread operations in Russia over the next few years. Full story...
Sep
16th

CHINA: SAIC announces efficient vehicle and truck plans

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SAIC Motor plans to roll out 20,000 energy-efficient vehicles in Shanghai and the Yangtse River delta area by 2012 and unload a heavy truck business. Full story...
Sep
16th

GM aims to grow capacity at China joint ventures

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General Motors aims to sell at least 10 to 15 percent more vehicles in China next year, in line with the expected rate of growth in the world's biggest auto market, its China chief, Kevin Whale, said on Thursday. Full story...
Sep
16th

Continental sees Europe, U.S. car output flat in 2011

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German car parts group Continental expects automobile production in Europe and the United States, its main markets, to largely stagnate next year, prompting it to step up expansion in Asia. Full story...
Sep
16th

Chinese carmakers seek to cut weight to compete with Volkswagen

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Chinese carmakers and Baoshan Iron and Steel are working to cut vehicle weight by as much as 10 percent to compete with market leaders including Volkswagen. Full story...
Sep
16th

CHINA: Great Wall to trial sale EVs in 2011

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Great Wall Motor will begin trial sales of its pure electric cars in the country next year, its chairman said, adding he expected second half 2010 sales to rise compared with the first. Full story...
Sep
16th

UK: OFT launches UK commercial vehicle cartel probe

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An investigation by the UK's Office for Fair Trading (OFT) into suspected commercial vehicle cartel activity, has resulted in the offices of Mercedes-Benz being visited by the body. Full story...
Sep
16th

UK: More government help for low carbon vehicles

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The UK government has awarded GBP24m to further develop the UK's low carbon vehicle development capability and further detailed its plug in car grant (ie subsidy). Full story...
Sep
16th

MARKET SNAPSHOT: Indian vehicle market prospects bright

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India's new vehicle market is facing a number of threats in FY11 (ending March 2011), not least rising raw material costs, which have prompted carmakers to hike their prices, but analysts are confident of short-term prospects. Full story...
Sep
16th

MARKET SNAPSHOT: Indian vehicle market prospects bright

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India's new vehicle market is facing a number of threats in FY11 (ending March 2011), not least rising raw material costs, which have prompted carmakers to hike their prices, but analysts are confident of short-term prospects. Full story...
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up van, insurance you can rely on is a must.
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