A new bill proposed by Representative Gary Peters, Democrat from Michigan, could potentially provide an additional $216 million for new automotive technologies. The legislation is set for review by the full U.S. House of Representatives later this month, and would increase the $334 million already proposed by the Obama administration for research and development of [...]

The CARS program, informally known as “Cash for Clunkers”, ended Monday, August 24th, 2009. Originally slated to cost $1 billion, Congress increased the total funds available to $3 billion due to overwhelming consumer response. The White House stated that nearly all funds had been exhausted by the end of the program, with rebate requests totaling [...]

From the successful Cash for Clunkers program to an increased interest in fuel economy in general, the new Chevy Volt has generated a great deal of buzz, thanks in part to the publicity garnered through their viral marketing campaign boasting the Chevy Volts incredible fuel efficiency of 230 mpg. Let us take a closer look [...]

After much positioning and worry, Congress has passed legislation that pours another $2 billion dollars into what President Obama is calling the most successful stimulus project to date. The “cash for clunkers” program lures people to trade in their older vehicles for new, energy efficient ones by offering them up to $4500 in federal subsidies.

The [...]

Do you have an older model vehicle and in the market for a new fuel efficient model? Is your car on its last legs, and you do not want to deal with expensive repairs? Then the recent program instituted by the U.S. Government, Cash for Clunkers, may be the right program for you. The government’s [...]

Many people that are struggling with their finances due to the current recession are turning to car insurance fraud to find some financial relief. People are ditching, burning, pushing their cars off cliffs, even sinking their cars and then reporting them as stolen to cash in on the insurance money.
According to the Associated Press there [...]

It is common to debate the pros and cons of buying an American made car today, mainly because people are looking for vehicles that are affordable and reliable. Purchasing a car can be an overwhelmingly stressful decision and one that could carry serious consequences should the wrong decision be made. Yet many American consumers want [...]

How the economy affects car insurance rates
A common situation that many different drivers are facing is an increase in their insurance rates. In the vast majority of cases the increase has nothing to do with you driving poorly or receiving to many tickets. Instead it has everything to do with what is happening with current [...]

In the news: USAToday.com is reporting that Americans will see an increase in the cost of insurance, and specifically a 4% increase in a typical auto insurance policy this year. In a time when Americans could use a break, increased insurance abounds. Why?
According to the article, insurance providers use premiums and investments as a means [...]

In a press release from PRWeb.com, certain Saturn owners have a victory in a legal battle regarding defective transmissions on two models of vehicles. From the press release:
The class consists of all persons who are residents of the United States and who purchased a new or used 2002, 2003, 2004 or 2005 model year Saturn [...]

Farmers Insurance Inc., a subsidiary of Zurich
Financial Services Group, is purchasing AIG’s Personal Auto Group for $1.9 Billion. Farmers will then sell the entities to Farmers Exchanges, who they manage but do not own. The sale should be completed by the third quarter this year, depending on regulatory approvals.
The good news for Farmers? They [...]

PRWeb.com reports a new website, EcoSmartInsurance.com, is dedicated to helping consumers find ‘green’ auto insurance companies.
What do you think?
Is going green imperitive to your insurance company decision? From going paperless to mileage based policies, Eco Smart believes consumers should have choices when choosing an auto insurance company that is as ‘green’ as [...]

Insurance.com’s ratewatch has seen rate decreases for car insurance in 19 states of the U.S. This is a welcome relief in these tough economic times, with residents of Arizona, Virginia, New Hampshire, Texas and Georgia feeling the greatest discounts.
Other states that have benefitted are Oregon, Utah, Colorado, North Carolina, Michigan, and Iowa. Read the charts [...]

According to a PRWeb.com press release from Car-Insurance.tv, the first quarter of 2009 has seen no slowing in demand for classic and luxury car insurance. What has been the cause of such a demand in the struggling economy?
The press release claims the baby boomer generation is changing their investment strategy to include tangible items, especially [...]

When it comes time for you to compare insurance rates, you may be surprised to learn that your auto insurance company wants to access your credit report in order to determine your insurance quote.  But, the reality is that many states do allow insurance companies to use their customers’ credit histories when determining the rates [...]