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30% of drivers would do a runner after a parking scrape
Fri, 01 Aug 2014Almost a third of drivers would consider leaving the scene of an accident if only minor damage was caused – while another 4% said they’d do a runner even after a more serious collision. The shocking stats come from a survey of over 2,000 people commissioned by ContractHireAndLeasing.com. The world’s weirdest car crashes revealed Cheapest cars to insure for 17-18 year olds The results show that honesty amongst drivers varies depending on their age and location.
GM profits surge to $3.2 billion in first quarter
Thu, 05 May 2011General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.
Volkswagen mulls another SUV
Wed, 30 May 2012Volkswagen is considering adding another crossover to its product portfolio as it takes aim at ambitious sales targets in the United States and overseas markets. “It's a part of our vision for the future,” Volkswagen Group of America CEO Jonathan Browning said. The vehicle would have SUV-style cues, and Browning said it's being discussed by company brass.