Ford Motor Co. has announced plans to invest more than $1 billion in its car and truck maker Chrystal Automotive, which will add to its existing portfolio of automotive businesses.The investment comes amid mounting competition from rival automakers like General Motors Co., Fiat Chrysler Automobiles NV and Volkswagen AG, which have all ramped up production…
Toyota Motor Corp. said Tuesday it is recalling over 100 of its Japanese cars and SUVs, as it continues to investigate what caused a fire at the company’s factory in northern Russia that killed at least 40 people.The company said it has sent letters to owners who owned the cars, and that a recall was…
The battery industry is now dominated by three companies: Tesla, Panasonic and Panasonic.But the companies have a common goal: to make batteries that can last longer.They’re all trying to achieve this by combining their efforts in three key areas: designing batteries with greater efficiency, developing advanced energy storage systems and developing electric vehicles.Here are five…
The best auto policy may not be the cheapest, but it’s probably the one with the best chance of covering your car if it ever breaks down.You may be surprised to find that some policies are more expensive than others, but that’s no guarantee that your car will be covered for repairs.So how do you…
The first car accident death occurred on November 6, 1940 in the Bronx, New York.A man named William “Billy” McHenry, Jr., was driving a tractor-trailer at night on the New York Central Railroad when it struck a trailer.McHenry was killed instantly, and his body was later found floating in the Hudson River, where it was…
I got a really good deal on a cheap diagnostic tool that would do a lot for me.But if I didn’t, I could have used it to diagnose a lot of things.The tool was actually the brainchild of a company called Radial-Lite, a manufacturer of industrial diagnostic tools.The company had made its name selling tools…
You might be wondering, “What are my options?”If you’re a car owner, your best bet is to go to the AAA website, which has auto insurance rates and information.And if you don’t live in the area, there are other options.Here are a few things you can do to ensure you’re getting the best rate.How to…
Why it is the worst period to buy and sell a car.It is also the time to invest in an affordable car.That is according to a report from the American Automobile Dealers Association, the nation’s largest auto industry trade group.“As we approach the first full year of the Trump administration, we are seeing a resurgence…
The show will pit the star-studded cast of the hit NBC reality series The Apprentice against each other in a contest to see who can be the most successful and best-selling celebrity in America.The contestants will be judged by an all-star panel of celebrities and socialites, and the winning contestant will take home $25 million.The…
The car insurance industry is in a frenzy as consumers demand the best rates and coverage for their cars.The latest numbers show that the industry has made a remarkable comeback.According to the latest figures from the Insurance Institute for Highway Safety, the market for auto insurance increased by 3% in 2017, which is an increase…
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