Most Recent Auto Insurance News in Headlines

• Detroit Electric All Set to Tap American Battery Car Market

  by Richard Burton
  

  When Detroit Electric called a news conference recently to unveil its all-new battery operated vehicle, the news media simply went gaga! This is not surprising given it is years since any manufacturer bothered to use the Detroit logo on their automobile product. The new project is certainly ambitious by any standards and this is what the critics are calling this launch. After all, the battery car market in the U.S. is presently at its best, uncertain. Therefore, the manufacturers are taking a substantial risk in reviving this brand name.

• VW Golf Named the World Vehicle of the Year at Auto Show in New York

  by Richard Burton
  

  The latest feather in the cap of the fantastic new Volkswagen Golf is its selection as the World Car of the Year at the recently held New York Auto Show. This is the 7th generation model in this series and it proves once again why Volkswagen is the numero uno name in the world of cars. This is an auspicious beginning for bestselling VW Golf which is all set to rock the US soil from the very next year, when it goes for sale in the country.

• Volvo V60 R-Design to Revive the Latent Station Wagon Market

  by Richard Burton
  

  New V60 R-Design is the sports version of the Volvo Station Wagon, which set the market afire recently. There is an overwhelming demand for this revived version of the good old vehicles, especially among the Gen Y or the Millennial. This is a drastic shift in attitude from the previous generations, which all but abandoned this sturdy versatile vehicle in favor of minivans or more recently the sophisticated SUVs.

• Detroit Plans to Reveal a New Battery-Powered Sports Car, with Energy-Efficient LED Lighting and Aero-Efficient Body Style

  by Richard Burton
  

  Detroit Electric, a leading battery-car company, has been sending out teaser images, giving a hint of unveiling a new electric sports car. The teaser image also reveals aero-efficient body style with energy-efficient LED lighting, which the company plans to incorporate into its new battery-powered sports car. However, though the Motor City manufacturer is already sending out teaser images for what is in store, the same will not yet take place in Detroit, neither at the upcoming New York auto show. Instead, the company plans to announce about a major partnership with a global auto manufacturer at the Shanghai Auto Show next month.

• Audi Dealers Struggling Hard to Meet the Growing Demands for their Brand, Pushes the Automaker to Increase its Allotment

  by Richard Burton
  

  Dealers of Audi, the Germany-based leading automaker, are having a tough time to meet the overwhelming demands for many of the car models, with the U.S. officials pushing the German-based factory to increase its supple and allotment for each dealer across the country.

• General Motors Chairman to Visit Capitol Hill, Plans to put Behind the Controversial Political Battle over Auto Bail out

  by Richard Burton
  

  Dan Akerson, chairman and CEO of General Motors, has scheduled to visit Capitol Hill on Thursday this week to meet the Congress members, hoping to put behind the controversial political battle over auto bail out, prevalent currently. In fourteen months, this is Akerson’s first trip to the Capitol Hill, first since the giant Detroit automaker was bounded amidst political fervor during the 2012 presidential campaign over $85 billion bailout in the auto industry.

• Sales Boost of Pickup Truck from GM, Ford in February

  by Richard Burton
  

  The U.S. auto industry is set to continue with the merry ride of previous months with February showing a steady increase in sales. Automobile industry giant Ford is claiming a 9% boost in sales with Chrysler reporting a 4% jump and GM 7%.

• The First 9-Speed Automatic Car Transmission Will Make its Debut on Range Rover Evoque 2014 to be Launched Later This Year

  by Richard Burton
  

  Ranger Rover announced to use the world’s first 9-speed automatic car transmission system into its 2014 version, Ranger Rover Evoque, to be launched later this year. At the same time, Chrysler plans to use the new transmission technology to rapidly boost its acceleration and fuel economy, more likely on its redesigned Avenger and Dodge Dart, and perhaps on the upcoming Jeep Cherokee 2014.

• Take a Peak at 2013 Honda Fit EV Review

  by Richard Burton
  

  The 2013 Honda Fit EV has successfully hit the market, with new attributes and special features, and is all set for auto connoisseurs to go for a test drive. However, Honda shows a little distress in launching its new innovation in the small car segment, presently leasing only 1,100 cars in the United States over a span of 2 years, which is only one third of what Rolls Royce sold globally in 2011. Further, Honda Fit EV is only available in Oregon, California, and six other cities on the East Coast, which includes Boston and New York. What more!! You cannot extend the auto lease or even purchase one, and if you manage to do so, it is important to know that Honda Fit EV comes at $389 per month, which is adequate for a BMW 328i. So, does it make any sense?

• Nissan Seeks Talent Pool from Non-Automotive Industry for New Ideas to Vehicle Technology

  by Richard Burton
  

  Nissan, the leading auto manufacturer, today announced that it is looking for fresh approaches and ideas from the non-automotive world for developing advanced vehicle technology that the company harps on. At the same time, Nissan also announced that professional automotive engineers shall not apply for the sixty R&D vacant positions that the company is planning to declare for its newly launched Advanced Product Development Center in Silicon Valley, California. Nissan is strictly planning to tap the talent pool from larger non-automotive world, bringing in new concepts and ideas into vehicle technology.

• Chrysler Hits Back into Commercial Van Segment with Ram ProMaster

  by Richard Burton
  

  Chrysler Group, one of the leading automobile manufacturers in the world, announced the launch of its Ram ProMaster, a high-performance commercial van with superior features and smooth operations. With the launch of 2014 Ram ProMaster, Chrysler is making its comeback into after a 3-year absence in the segment of commercial van.

• Ford, Daimler, and Nissan Teams Up to Launch New Fuel Cell Cars by 2017

  by Richard Burton
  

  Ford, Daimler, and Nissan, three of the biggest car manufacturers in the world, joined hands together to build and market advanced fuel cell cars. The clean and affordable energy-efficient cars will be powered by fuel cell Powertrain, and are expected to hit the market by 2017. Owing to latest treaty among automakers to develop increased cooperation to meet the stringent rules on global emissions, the trio plans to make equal investments in this new Research and Development effort to launch new fuel-cell powered cars.

• Chevrolet Unveils 2014 Corvette C7 Stingray

  by Richard Burton
  

  It is said that patience pays off well. Despite taking a long time in comeback, the Detroit Auto Show opened the doors for Chevrolet, unveiling the all new Corvette C7 Stingray.

• Cadillac ATS Wins Car of that year Award, whereas Ram 1500 Takes Away the Name of Truck of that year

  by Richard Burton
  

  The winners of ‘North America’s Truck and Car of that Year’ awards for 2013 were declared today at the commencement of North American Detroit International Show in car.

• Improper Handling of Auto Insurance Claims has Cost the Hartford $158K after an Investigation From Vermont Department of Financial Regulation

  by Richard Burton
  

  The Vermont Department of Financial Registration released a report this Tuesday, stating that improper handling of auto insurance claims by The Hartford has called for a fine and restitution of about $158K, following an investigation by the regulating body. According to the report published by DFR, The Hartford has been found to be improperly evaluating and underpaying for 77 cases of total-loss auto insurance claims between the period of 2009 and 2011.

• Paying car insurance by the mile

  by Richard Burton
  

  The age of technology that we live in has brought about many changes in the way we lead lives, the most important being the premiums for auto insurance. MetroMile, a company based out of Oregon, has come up with a unique and affordable way of calculating the premiums for auto insurance policy.

• Deer collisions impacting auto insurance policies

  by Richard Burton
  

  Sharks or bears were considered to be among the most dangerous animals in the world. However, in the world of auto insurance there can be nothing deadlier that the deer. Each year, there are thousands of claims received by auto insurance companies all over the country to cover damages caused due to deer collisions.