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Plans To Drop Congestion Charge Pay-By Text

TEXT messages are to be dropped as a way for drivers to pay for their congestion charge under plans being considered by Transport for London (TfL). A new Smartphone app may replace text messages, which make up around 400 out of the 130,000 congestion charge payments made each day. TfL, which is launching a six-week consultation ending on September 12, describes texts as an "under-used SMS payment service" and claims the app would enable drivers to carry out a wider range of tasks.

GM, Ford roll out protection plans for car buyers

General Motors is following Hyundai and Ford in offering protection for car buyers who lose their jobs. A plan announced Tuesday morning called Total Confidence offers up to nine payments of up to $500 each if a car buyer loses his or her job in the first 24 months after the purchase. The plan covers loans and leases.

Volkswagen to take full control of Porsche

Volkswagen Group's decision to take full control of Porsche Automobil Holding SE's carmaking business is seen as positive by analysts. VW said it has agreed to buy the remaining 50.1 percent of Porsche SE's automotive business that it doesn't already own for 4.46 billion euros ($5.54 billion), ending a seven-year takeover saga that divided two of Germany's most powerful families. The agreement means Volkswagen can now fully fold the Porsche automaking business into its stable of brands, which range from Audi and Bentley sedans to Skoda and Seat volume models and Ducati motorbikes.