Accident claims plummet, baffling insurers
American drivers are reporting fewer crashes to their insurance companies than ever before, and nobody knows precisely why.
Fewer claims mean record profits for auto...
Teen drivers' crash rates go down significantly under provisions of California's graduated licensing law
The main finding of a new evaluation of graduated licensing is a 23 percent overall reduction in the per-capita crash involvement rate of 16-year-old...
New York Considers Banning Cars From Times Square
Mayor Bloomberg is trying to recruit a world-renowned Danish architect who...
Infiniti August Sales up 21.9 Percent While Nissan Drops 30.9 Percent
Nissan North America, Inc. (NNA) reported August U.S. sales of 76,827 units versus 105,312 units a year earlier, a decrease of 27 percent compared...
Paulson rules out aid to carmakers under rescue plan
US Treasury Secretary Henry Paulson on Wednesday ruled out the possibility of using part of the 700-billion-dollar rescue plan to help the struggling auto...
Oil prices fall by $2 a barrel
Oil futures plunged by more than $2 a barrel Friday after news that Cyclone Gonu had spared major oil installations in the Gulf of...
India competes to draw big-name automakers
When South Korean automaker Hyundai first drove to India in 1996,...
German auto parts maker Schaeffler to cut production
German auto parts maker Schaeffler, which owns much of compatriot Continental, will cut output owing to effects of the financial crisis and economic slowdown,...
Oil prices mixed, Brent nears 70 dollars
Oil prices showed mixed fortunes Tuesday, amid the start of the...
