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Car hire costs branded ‘extortionate’
Thu, 03 Oct 2013MORE THAN 45% of hire car users described hidden costs such as insurance and fuel as extortionate, according to a new survey. 200 UK consumers aged over 30 and earning more than £20,000 per annum were quizzed for the survey, conducted on behalf of Carhiremarket.com, with over 45% agreeing that hidden costs for insurance and fuel were extortionate. Users cited greater transparency or an all-inclusive upfront price as a more desirable option.
Tata appoints former GM Europe head Forster as group CEO
Tue, 16 Feb 2010India's Tata Motors named former General Motors Co. executive Carl-Peter Forster as group CEO. Forster, 55, will be responsible for the company's global operations including the Jaguar Land Rover unit.
Acura finds sales, still seeks luxury identity
Tue, 21 Dec 2010As Lexus, Mercedes-Benz and BMW battle for luxury brand sales leadership this year, Acura has been flying below the radar -- as usual. Honda's upscale division has had a solid year. Sales are up 24 percent over 2009, outpacing the gains made by luxury's big 3.