New pay-as-you-drive car insurance policies are being offered in more than half of the states, despite concerns by some that the methods insurers use to track mileage warrant some privacy concerns, according to the New York Times.The policies, which Progressive Insurance began offering a version of in 1998, allows consumers to receive discounts for driving [...]
Despite what may be a decidedly mixed record as a car brand in the American marketplace, Italian carmaker Fiat is set to return, according to Bloomberg News: The company's Fiat 500 sub-compact will be released to the public this winter.Many older Americans may remember Fiat as a make plagued by mechanical problems, driving up repair [...]
A major unit of German automaker Porsche was sold to Volkwagen today, continuing the somewhat drawn-out process of merging the two companies and moving the transaction one step closer to completion.The transaction may not be fully finalized until a year from now, but the deal is likely to be completed during the first six months [...]
Texas drivers with minimum liability insurance are going to see their rates increase on January 1, according to the Texas Department of Insurance.The rising costs of automobile repairs and medical expenses associated with car accidents spurred the increase, said Jerry Hagins, a department representative.About 7.5 million Texas motorists with minimum liability insurance will see their [...]
Car insurance premiums in New Jersey have dropped for the fourth straight year although they continue to remain one of the highest in the nation, the Star Ledger reported. The figures come from a new report released by the National Association of Insurance Commissioners that compares how car insurance rates have fluctuated in the U.S. [...]
Motorists who buy a car from Alexandria Hyundai will have the opportunity to return their vehicle for a refund if they lose their jobs and are unable to make auto insurance, gas, or maintenance payments, the dealership announced today.The new guarantee, which the company calls the Hyundai Assurance Policy, is a further expansion of the [...]
High-tech gadgetry is rapidly becoming a key feature of many modern cars, and automakers are using digital systems to accomplish a variety of design goals and perform many functions, according to news website Headlight.Recent studies, the website's Grant Owens reports, show that electronic devices have surpassed even new safety equipment as the most desirable features [...]
A report released from a special Idaho task force on transportation said the state must be willing to raise $543 million to pay for infrastructure improvements. The imposition of new fees and levies on gasoline, auto and trucking registrations, and car rentals were among the possible methods identified. A one-cent fuel tax was one of [...]
Progressive Insurance is releasing a new program for its policyholders where they can opt to install a tracking device in their vehicle in order to receive a discount on their car insurance rates, according to The Detroit News.The Snapshot discount program involves installing a monitoring device on vehicles that records driving times, frequency and how [...]
While electric cars have been in the pipeline for decades, the advent of all-electric cars is just now arriving. Despite the plaudits from environmentalists and others with an interest in reducing fossil fuel consumption, however, the first generation of electric cars could disappoint the driving public, according to U.S. News and World Report columnist Rick [...]