Saturday, December 27, 2008

Use the Toyota Prius as a life saving generator

In a recent snowstorm in the Northeast, one Toyota Prius owner used his hybrid to run his refrigerator, TV, freezer and heater during the power outage. For 5 days, his trusty Prius was able to power his home and keep things running.

The Toyota Prius brings new meaning to the word 'utility'. Maybe it should be a called a HUV or hybrid utility vehicle.

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Friday, December 12, 2008

C.O.D - Cash On Delivery for Chrysler

In the latest news from AutoBlog, part suppliers are asking Chrysler for COD terms ontheir merchandise. Cash On Delivery - no more credit.

As suppliers become more and more weary of the Big 3's ability to come out of this mess, they are going to trust the credit of the Big 3 less and less. Stay tuned.

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Thursday, December 11, 2008

Why Auto Insurance Continues to Rise?

When gas prices soared earlier this year, people started to drive less. And with less driving, that should mean fewer accidents which should translate into lower auto insurance for consumers.

There are a couple of other supporting factor which in theory should drive down auto insurance rates. The battered economy and looming recession has brought car prices down, especially used cars in the luxury or gas guzzlers variety. As a result of lower car values, auto insurance rates should decrease because insurance payouts for totaled, stolen, or salvage cars should be lower. Also, modern cars are superior with advance technology in safety to reduce injuries in the event of an accident. For the 2009 models, it's not uncommon for a car to have 6, 8 or more airbags.

Despite all this, why is it that auto insurance continues to rise?

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