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Mercedes-Benz buys naming rights to the Louisiana Superdome

New Orleans' Louisiana Superdome, home at one time or another to Super Bowl champions and Hurricane Katrina refugees, is now home to a luxury-car brand. The arena was renamed the Mercedes-Benz Superdome this week after the carmaker acquired naming rights for 10 years. "The investment being made by a premier international brand who believes in 'the best or nothing,' is a tremendous compliment to all of those who worked so hard to make the stadium what it is today," said Tom Benson, owner of the NFL's New Orleans Saints.

California considers pay-as-you-go auto insurance

There are pay-as-you-go cell phones and all-you-can-eat buffets, and somewhere in between slots a new auto insurance concept under consideration in California. The proposed regulations would allow insurance companies to offer coverage plans paid for by the mile, in addition to traditional plans. The idea is to allow consumers to pay for what they use--and potentially save money.

Used car values look strong for 2014

THE VALUE OF USED cars is set to stay strong in 2014 following a rise in values this year, according to the latest analysis of the market. The latest report by British Car Auctions shows that compared to last year, new-to-market car values are around 15% higher than this time last year while older part-exchange cars are as much as 20% higher than a year ago. Simon Henstock, BCA’s UK Operations Director commented “We have seen an upturn in the supply of dealer part-exchanges in 2013, reflecting reports that retail sales have been strong.