Most Recent Auto Insurance News in Headlines

• Poor Service Experience Major Factor for Switching Auto Insurers- J.D. Power

  by Richard Burton
  

  2014 ranking of auto insurance companies by J.D. Power state price factor as crucial element. Customers switch insurers dissatisfied with new prices. According to the latest study of the 2014 U.S. Insurance Shopping by J.D. Power, customers who switch their auto insurers due to poor services are sorry in the end as they have to pay more to the new insurer. In the report it was stated that the poor experience and service with the car insurance company is the major reason why customers switch to new insurers. However the major reason of their dissatisfaction with the new car insurers … (more) April 26, 2014

• Cold Response of Car Buyers during Winter Months

  by Richard Burton
  

  The winter months of January, February and March have proven to be a curse to automobile dealers as the numbers of cars sold have declined dramatically in 2013 & 2014. Many car dealers now offer various discount schemes to attract the customers into buying cars. They along with other important industry executives and analysts are now blaming Mother Nature for being so cold and discouraging buyers from investing in some good cars. However, many still prefer to cross their fingers and expect to have great record making turn over at the end of the financial year. Repetitive following of same … (more) March 15, 2014

• The 2015 Jeep Renegade – Ready to hit the World Market soon since the First Jeep in World War 2

  by Richard Burton
  

  The 2015 Jeep Renegade is all ready to be marketed worldwide by the latter half of the year 2015. It is the first jeep designed to be sold globally since the very first jeep during the war times. The first look of Renegade was revealed to media at the Geneva Motor Show where it shared platform with the Fiat 500L. It got the honor of being assembles at the Fiat plant in Melfi, Italy. Renegade is being brought under the Jeep brands with a sale target of 1 million vehicles on an annual basis which will be 37% higher than … (more) March 8, 2014

• RAM 1500 Ecodiesel – Declared the Most Fuel Efficient Pickup

  by Richard Burton
  

  As per a publication in Automotive News a couple of days ago, The 2014 Ram 1500 EcoDiesel has been declared as the best fuel efficient pick up in the United States. The diesel powered RAM 1500 offering a mileage 28 miles per gallon has picked up the best rating among all pick up vehicles in the country that was announced by the EPA’s fuel economy government website. The 1500 also has a rating of 20 mpg in city mileage and the average city and highway combined rating for it is 23 mpg. As per this EPA rating for all full-sized … (more) February 13, 2014

• More Than 19000 Cars Recalled By Aston Martin For Counterfeit Plastic

  by Richard Burton
  

  As per some recently published report, from Detroit, Aston Martin is recalling 17,590 cars – almost 75% of all cars that it has manufactured since 2007. It was discovered that counterfeit plastic material was used by a Chinese sub-supplier that supplied a particular part for the luxury sports car manufacturers. All left left-hand-drive Aston Martin models manufactured since November 2007 and all right-hand-drive models built after 2012 May are being called back for it is feared that there is a high chance of breaking the accelerator pedal arm due to the counterfeit material. According to a spokesman from the company, … (more) February 8, 2014

• Automakers to Make a Big Splash during Detroit Show 2014

  by Richard Burton
  

  If speculations surrounding one of the biggest auto events in the world, Detroit Show are to be believed, prominent automakers such as Ford are all set to make a spectacular entry this year. This is quite natural given the dream run for the auto industry in 2013 in the wake of the dismal recession period. During the Auto Show Ford is going to display their 2015 F-150, redesigned to boot. Presently this is the bestselling car in US and now it comes with more aluminum for weight, redesigned interior and maybe even a choice of new engine for the buyers. … (more) January 14, 2014

• Auto Sales in the U.S. Skyrocket Even If December Proves To Be a Lean Month

  by Richard Burton
  

  Ever since boom time during the pre-2008 phase, automakers have recorded new heights in 2013. Only the late holidays for Thanksgiving robbed them of a year-end with a bang. December month proved to be a dampener even if auto sales in US increased substantially throughout. This however has not deterred analysts and market watchers to predict that in 2014 the industry is going to continue with the dream run. It’s growth is all set to outpace even the developments in the US economy in the coming times. This is surely heartening news for everybody in the post-recession scenario. December sales … (more) January 10, 2014

• 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

• Highest Level Executive Shuffle At Nissan’s Smyrna, Tennessee Plant

  by Richard Burton
  

  Just after completing one of its most ambitious projects at their Smyrna, Tennessee plant auto assembly, Nissan Motor Co. lost Susan Brennan, one of its highest profile manufacturing executives. Brennan is known to leave the company for seeking career opportunities outside Nissan and it will be Randy Knight – succeeding her as the VP Manufacturing of the Smyrna plant with effect from November 18, 2013. Mr. Randy Night was previously holding post of the material handling and production control director and is a veteran with Nissan for 30 years. As a matter of company policy Nissan denied any further comment … (more) November 21, 2013

• Government Shut Down Shows Little Impact on Auto Sales in U.S.

  by Richard Burton
  

  The U.S. auto industry seems to have left its bad fortune behind and showing signs of returning to form if sales during the month of October are any indication. This is surely something to rejoice for the auto industry as this spurt in sales comes in the wake of a 16-day federal shutdown. Early in the month, however sales figures were not that enthusiastic. Changes started to occur in the post Washington stalemate settlement scenario. General Motors led the BIG 3 of Detroit showing a staggering 16% increase in sales during the month of October 2013. GM delivered 226,400+ vehicles … (more) November 7, 2013

• Toyota Unveils the All-New Bestseller Corolla

  by Richard Burton
  

  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
  

  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
  

  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
  

  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.

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

  by Richard Burton
  

  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 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.