Auto Insurance News Archive for October, 2013

  • Toyota Unveils the All-New Bestseller Corolla

    by Richard Burton
    Toyota Unveils the All-New Bestseller Corolla

    Toyota unveiled their latest version of Corolla recently at the Old Hanger in Santa Monica, California. This was a splashy entrance with hundreds of guests and journalists waiting in the wings. They were curious to know what new additions the Japanese automakers will bring to their bestselling and highly popular sedan. Most buyers and industry watchers fault the boring performance, handling, and the conservative styling of Toyota Corolla. Nevertheless since its introduction in Japan during the 1966, it sales have been over 40 million and growing in the US and in other 53 countries across the world. In keeping with … (more) October 22, 2013

  • GM Reduces the Prices of Chevy Volt to Boost Sales

    by Richard Burton
    GM Reduces the Prices of Chevy Volt to Boost Sales

    General Motors recently announced the slashing of prices of their Chevy Volt in a bid to boost the recently flagging sales. After the initial enthusiastic sales, this latest battery car model from GM is finally coming unplugged! The company is now offering buyers, $5,000 incentives for attracting them back to the showrooms. With this bid GM becomes the latest automobile maker trying to increase the lagging sales of their electric car model. Nissan, its rival company found success early this year in increasing their battery car sales after a price slash on their Leaf BEV model. Both Chevy Volt and … (more) October 17, 2013

  • Probable Impacts of the Government Shutdown on U.S. Auto Industry

    by Richard Burton
    Probable Impacts of the Government Shutdown on U.S. Auto Industry

    Though Beau Boeckmann’s Ford showroom and many other like that in California and other parts of Europe are making a booming business, but it is still absolutely unclear how the recently announced government shutdown is going to effect and influence the business. As per Boeckmann, the shutdown might not make a huge difference to the industry as long as it doesn’t linger on for long and starts affecting U.S. citizens on a personal level. The prolonged impact that this standoff might on showroom traffic has truly sent a shiver down the spine of an industry that has experienced best monthly sales this September since the year 2007.

  • Top Level Management Shuffle in Volvo to Boost Sales in the U.S.

    by Richard Burton
    Top Level Management Shuffle in Volvo to Boost Sales in the U.S.

    In order to boost up its less than desired level of performance in the USA, Volvo chooses 53 year old Tony Nicolosi, CEO of Volvo Car Financial Services U.S., as the new head of its management arm in the country. Nicolosi will be replacing John Maloney, who has held this position, since the last quarter of the year 2011 and is presently exiting the company. Though Nicolosi was not available for a personal comment, but as per Volvo sources, the announcement of crowning him as CEO and President will be made in due course of time.