Auto Insurance News Archive for September, 2013

  • U.S. Auto Sales Shows Growth for the Fifth Straight Year

    by Richard Burton
    U.S. Auto Sales Shows Growth for the Fifth Straight Year

    The American automobile market is showing a positive sales curve for the fifth consecutive year. This is no mean feat for an industry, which was struggling with the post recession phase until recently. The staggering recovery has amazed everybody and speculation is now rife whether these steadily escalating sales are going to be a repeat of the year 2000’s record run.

  • Tesla Announces Its Plan to Build Self-Driving Cars

    by Richard Burton
    Tesla Announces Its Plan to Build Self-Driving Cars

    Tesla motors the well-known electric car company recently announced their plan to bring self-driving cars to the automotive market by the next 3 years. These vehicles will be able to run on an autopilot with 90% driving capabilities. Elon Musk their CEO announced these plans. With this endeavor, Tesla joined the race to bring a driverless car to the markets with Google Inc. the tech giant and other carmakers as its other competitors.

  • New Opportunity for GM in Europe as Korean Auto Companies Push for Upscale Market

    by Richard Burton
    New Opportunity for GM in Europe as Korean Auto Companies Push for Upscale Market

    As South Korean automakers continue to push for upscale European clients they are also offering General Motors a chance to push a Chevy into Europe which has so far struggled in the continental market. Thomas Serdan, the new president of Chevrolet told in Europe last Tuesday that it is evident from the pricing of Hyundai and Kia that they certainly want to move up the market and when everybody is pushing forward certainly more space is created for others.

  • Study Indicates Rise in Vehicle Fuel Efficiency in USA

    by Richard Burton
    Study Indicates Rise in Vehicle Fuel Efficiency in USA

    According to a recently published report, fuel efficiency of new vehicles sold in the U.S. has reached an average of 24.9 miles per gallon, and this result is achieved despite the growing sales of CUV and SUVs. As per Michael Sivak, from the University of Michigan, it is not surprising that overall fuel economy is America is on an improving curve as more and more buyers are opting for fuel efficient models of different classes of automobiles.