Would you buy a Chinese car? If you're an adventurous sort, you'll have that opportunity soon enough. But you'd better forget about cross-country trips -- at least for now. ...
Continue Reading »Drowsy drivers don’t attract as much public opprobrium as drunk or distracted drivers, but maybe they should. According to a newly released survey of 2,000 motorists by the AAA Foundation for Traffic Safety, 41 percent of drivers admitted they had “fallen asleep or nodded off” while driving at least once. Eleven percent said they had done so within the past year, and four percent ...
Continue Reading »Leases can save you a bundle on your monthly payment, but you should never forget that you don't actually own the vehicle. Otherwise, you may get a very expensive reminder at the end of your lease when your car undergoes its wear-and-tear inspection. That's when you learn the price tag for the door ding you got in the supermarket parking lot. Or that cigarette burn in the upholstery. O ...
Continue Reading »How much do you suppose it would cost to replace that set of car keys in your pocket? A few bucks? Dream on. If it’s a “smart” key, it could easily cost you $200 to $300 -- or more. Many vehicles today have immobilizers that lock up a car’s ignition, fuel and steering systems unless a transponder in the smart key transmits the correct electronic code. Thus, thieves are dete ...
Continue Reading »What kind of a leader is Daniel Akerson, the executive who will replace Ed Whitacre on Sept. 1 as General Motors’ new CEO? I’ll skip over Akerson’s studies at the U.S. Naval Academy, his service on the destroyer U.S.S. DuPont, his work as a turnaround artist in telecommunications and his stint at the Carlyle Group, the global investment firm. If you really want to know what Akers ...
Continue Reading »At this point, we can all agree that apologies aren’t enough. Over the past month, every Toyota employee from CEO Akio Toyoda down to your local dealership’s janitor has apologized for the company’s quality meltdown. Realizing that wasn't quite enough, Toyota took the bold step of going after recent unintended acceleration incidents, hoping to either find the root problem or debu ...
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