All Posts Tagged Tag: ‘Automotive’

Ford CEO Alan Mulally Retiring July 1

Ford this week announced that CEO Alan Mulally will be retiring. Mulally will step aside starting July 1. “It has been an honor to serve and contribute to creating a viable, profitably growing company for the good of everyone associated with the Ford Motor Company,” said Mulally. “By working together with all of our stakeholders around the world, we now …

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Auto Insurance Rates Rose 2.5% Last Year

With the individual mandate of the Affordable Care Act (aka “Obamacare”) constantly under debate in congress and throughout the country, the focus of the insurance industry in recent years has been healthcare. While the healthcare industry braced for massive changes, however, the auto insurance and homeowners insurance segments continued apace, complete with annual increases in costs. Market research firm Perr …

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Dodge Viper To Be Crushed By Chrysler

In a decision that has ramifications across the country, Chrysler has ordered a number of Dodge Vipers to be crushed, because they no longer serve an educational purpose. Chrysler released a statement on its blog on March 6 saying, “About 10 years ago, Chrysler Group donated a number of Dodge Viper vehicles to various trade schools for educational purposes. As …

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Fisker Automotive Files for Bankruptcy

Fisker Automotive, maker of the “Karma” plug-in electric hybrid luxury sedan, filed for bankruptcy protection last week, marking an end to a chain of failure that began after the company received a $529 million loan commitment from the U.S. Department of Energy. Anaheim, California-based Fisker, which planned to assemble Karmas at a former General Motors plant in Wilmington, Delaware, has …

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Nissan Expecting To Market Self-Driving Cars By 2020

With every piece of technology being automated in this day in age, which piece of technology has yet to be fully automated? The car. If you think it has not been thought of yet, think again, because Nissan, the sixth-largest automotive company (source: OICA) is currently experimenting with the technology to make the consumer car fully automated. Imagine a car …

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YouTube Adds New Automotive Channels, Ups Original Content Offerings

YouTube has always been a good place for automotive fanatics, and today YouTube is announcing the addition of a couple new car channels, one of which sports a brand you may recognize. The first new channel comes to you from Motor Trend. Here’s what the Motor Trend Channel will offer users: Get your automotive adrenaline charge right here on the …

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