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$5 billion competition on to replace Humvee
Mon, 04 Jun 2012Competition is heating up to win a contract for a vehicle that will replace nearly 18,500 aging military Humvees for the U.S. Army and Marine Corps starting in 2015. Six proposals are in play, with little time left before federal contracting officials decide on development of the $5 billion-plus program.
Insurance changes to make shopping around easier
Fri, 11 Jul 2014DRIVERS renewing their car insurance could find it easier to shop around or haggle for a discount under new proposals set out by insurers. The Association of British Insurers (ABI) said it has written to the City regulator, suggesting that new minimum standards of information should be set across the market. The standards would mean that renewal documents for motor and home buildings and contents insurance would include the premium that the customer started the year paying alongside their renewal quote, so that they could be compared more easily.
GM contacting Chevrolet Volt owners as NHTSA investigates battery fire
Mon, 28 Nov 2011General Motors on Monday said it is contacting all owners of the Chevrolet Volt plug-in hybrid to reassure them that the car is safe as the National Highway Traffic Safety Administration investigates a battery fire from a Volt that was crash-tested. GM said any Volt owner who had safety concerns would be offered a different GM car as a loaner vehicle. Executives also stressed during a teleconference that the battery issues were seen only in vehicles in the crash tests.