Auto Insurance News Archive for December, 2013

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

  by Richard Burton
  

  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

• The Era of ‘Government Motors’ Ends in US with Selling Of Final GM Shares

  by Richard Burton
  

  U.S. Treasury decided to sell the very last of their stake in General Motors recently, ending a 4-year long run of government ownership in the nation’s largest automobile company. No one is complaining because the ownership has cost taxpayers approximately $10.5B until now. A statement from the government has however mentioned that it has recovered approximately $39B from the original investment of $50B in GM. Dealers and company executives believe that the label GOVERNMENT MOTORS has done more harm than good to the reputation of the company and has affected the sales negatively. As such, they have breathed a sigh … (more) December 11, 2013