How Much the Self-Driving Version of Your Car Will Save on Insurance
(Ferenstein Wire) — Self-driving cars will save the average driver about $1,000 annually, or cost $250 a year total, according to estimates from auto insurance startup Metromile.
Auto Industry - Page 3
New York Times Uses Discredited Report to Attack Auto Loan Industry
In a Saturday editorial board piece, The New York Times scolded the auto loan industry, proclaiming that its practices are a “bastion of predatory lending and racial discrimination.” And emulating its favorite leftist, Massachusetts Sen. Elizabeth Warren, the Times relies on a thoroughly discredited “study” that features the unsupported claim that auto loans cost Americans nearly “$26 billion” in unfair charges a year.
UAW Celebrates Membership Growth by Preparing to Strike in September
With the strike ban that was a pre-condition of the GM and Fiat Chrysler federal bailouts expiring, United Auto Workers (UAW) locals are collecting food and encouraging union members to save for a potential strike when the Big Three four-year labor agreement expires on September 14.
Venezuela’s Currency Collapsing as U.S. Companies Announce They Will Only Accept U.S. Dollars
The value of Venezuela’s bolivar currency collapsed this month, as air carriers and U.S. automakers announce they will only do business in U.S. dollars.
Auto Industry Suffers Record Year for Recalls
Thanks in part to a decades-old GM ignition switch problem in millions of vehicles, more older-model cars were recalled this year than ever before in history.
