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California considers pay-as-you-go auto insurance
Fri, 17 Jul 2009There are pay-as-you-go cell phones and all-you-can-eat buffets, and somewhere in between slots a new auto insurance concept under consideration in California. The proposed regulations would allow insurance companies to offer coverage plans paid for by the mile, in addition to traditional plans. The idea is to allow consumers to pay for what they use--and potentially save money.
Fisker expects to partner with automakers
Sat, 08 Dec 2012Fisker Automotive's CEO, warning of the pitfalls facing independent small automakers, says the luxury plug-in hybrid manufacturer is poised to partner with other automakers next year. Tony Posawatz, Fisker's CEO and former chief engineer of the Chevrolet Volt, told Automotive News that Fisker is in talks for three potential deals in which executives at the "highest levels" of the companies involved are "talking specifics." "We are absolutely committed to making this company win longer term, and the history of smaller companies living on their own in the automotive business is not stellar," Posawatz said in an interview. "We are not going to go it alone." Posawatz said alliance deals could be completed within the next year.
Mercedes CLS 63 AMG Shooting Brake revealed on video & in photos
Mon, 02 Jul 2012The new Mercedes CLS 63 AMG Shooting Brake has been revealed ahead of a debut at the Paris Motor Show. When we had the reveal of the new Mercedes CLS Shooting Brake last week we bemoaned the fact that all the UK was getting was a pair of diesel-powered CLS’s. But we did point out, despite nothing official from Mercedes, that there was a good chance they were going to take a camouflaged version of the one petrol powered CLS the UK should eventually get – the Mercedes CLS 63 AMG Shooting Brake – to Goodwood at the weekend.