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Radical new group-based car insurance scheme

REX Innovation and car insurance aren’t entirely strange bedfellows. After all, the concept of ‘black box’ insurance that uses a device to monitor you as you drive has taken off so fast it could well become mandatory in the future. But it’s still unusual to come across something truly revolutionary.

Chrysler reportedly set to expand Toledo assembly plant

The Chrysler Group is planning to expand its Toledo, Ohio, assembly complex, adding a second shift and more than 1,100 jobs to the operation that currently builds the Jeep Liberty and Dodge Nitro SUVs, the Toledo Blade newspaper reported Thursday. The $365 million investment could be the first of several major expansions to Chrysler's Toledo operations, which also include production of the Jeep Wrangler at the nearby Toledo North Plant, the newspaper reported. The automaker disclosed the plans in documents filed in a city tax application that will be discussed by local officials at a meeting Thursday night, the report said.

GM delays second shift at Volt plant

General Motors is delaying the addition of a second shift at its Michigan assembly plant that makes the Chevrolet Volt. In May, GM said that it would add a second shift at its Detroit-Hamtramck plant by late this fall to double Volt production. Instead, a plant overhaul completed this summer, along with a more-modest addition of workers, will allow GM to double production starting early next year while remaining on one shift, the company said Friday.