ZF Friedrichshafen AG, German automotive company, has shown interest in the U.S. based TRW Automotive Holdings Corp. The move could create an automotive powerhouse better placed to compete in an industry that has dedicated much effort in producing autonomous cars and enhancing the safety of trucks and cars. The offer, disclosed on Thursday, could see the emergence of an automotive dealer with annual sales of more than $40 billion. According to Automotive News, Robert Bosch GmbH of Germany and Denso Corp. are the largest players in the industry with annual revenue of $37 and $34 billion respectively. A ZF’s spokesperson … (more) July 17, 2014

  • Auto Show in Detroit to Highlight New App for Accessing Auto Shows Worldwide

    by Richard Burton
    Auto Show in Detroit to Highlight New App for Accessing Auto Shows Worldwide

    Organizers of Auto Show, Detroit recently announced the promotion of a fantastic new app in the coming month at their show. ‘AUTO SHOW PASSPORT’, the new app is capable of displaying auto shows worldwide. People all over the world are quite aware of the global impact associated with the auto shows. The application is just going to help achieve that by taking the shows on a global scale and give the audience what they truly want. Those are believe that this kind of apps may completely do away with the auto shows in the coming times however are quite wrong. … (more) December 15, 2013

  • Toyota Car Recall Causes A Stir

    by Jeanny Hopper
    Toyota Car Recall Causes A Stir

    After Toyota announced that it will recall 8.5 million vehicles, the company is facing a wave of problems, primarily from an increasing number of consumer class-action lawsuits. Aside from being worried about the dwindling resale value of their vehicles, concerned owners of recalled Toyota car are now contacting their insurance providers to ensure that their auto policies include coverage for a recalled car. Toyota Motor Corporation has recently announced that it will start its biggest recall in the company’s history to repair sticking gas pedals that have been reported to cause unexpected acceleration in car models and ill-fitting floor mats. … (more) February 16, 2010

  • Wisconsin Mulls Banning Insurers from Using ZIP Codes

    by Jeanny Hopper
    Wisconsin Mulls Banning Insurers from Using ZIP Codes

    A new proposal is being considered by Wisconsin’s State Senate, which would prohibit insurers from basing insurance rates on a car owner’s ZIP code. Wisconsin is one of several states that allow providers to use their policyholders’ ZIP codes to come up with insurance premiums. Insurers argue that ZIP codes are most often the best basis for rates since motorists living in urban areas are more prone to get involved in accidents than drivers who live in rural areas. The proposal, Senate Bill 289, would disallow Wisconsin auto insurance companies from ever using ZIP codes to set rates for any … (more) September 20, 2009