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Since there have been a lot of talks and unpleasant issues after the major Toyota recall, National Highway Traffic Safety Administration has decided to set new auto safety rules which would not allow the same problem to happen again. At the congressional hearing two days ago, the new administrator, David Strickland, has announced them.
Daimler AG has announced that is sold 5.34% of the stake in Tata Motors. The German company has raised more than $400 million for the shares it did not want to hold any more.
Many people use their cell phones while driving although the law forbids this because talking and texting might distract a driver severely. According to the official statistics 78% crashes happen because of driver’s inattention and mobile phones are among the top causes of distraction.
BYD is the Chinese battery and EV specialist which has recently decided to form a joint venture with the German Daimler AG. Although the companies are going to work together on many projects, Chinese media has announced that BYD is not planning to share its core technology on lithium-ion batteries and EV systems with the partner.
In the last weeks almost every American has heard and discussed the problem of Toyota vehicles that have to be recalled because of “unintended acceleration”. The Japanese manufacturer is suffering losses in sales and reputation of a company that builds safest cars, but there are many questions to be answered about this whole deal.
Progressive is America’s number one motorcycle insurer which makes several special “treats” for customers. The insurance company is planning to arrange the program called “Corn for Kids” in course of which bikers receive free corn and can donate money to needy families.
Some people are really good hagglers: they can negotiate any price and as a result of good talking they pay significantly smaller price than the majority of people do. There are several tactics in haggling, so if you want to negotiate the price when you go to shop for a vehicle next time, try one of these:
Many manufacturers are trying to create the best eco-friendly cars, this is why each auto show is full of hybrids, electric cars, bio-fuel and low emission technologies, and things alike. Fiat is preparing a stand at the 2010 Geneva Auto Show with two eco-projects: the Doblo Natural Power van and Twin-Air two-cylinder engine.
General Motors does not have much luck with the brands it was going to sell. From the very beginning the manufacturer did not have much hope for any future of Pontiac and the brand was completely eliminated. Saturn/Opel had several potential buyers, but the deals were not successful as GM thought, so it still belongs to the American company.