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2010-09-03 05:10
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Are You Financially Savy?

Posts Tagged ‘vehicle’

Car-insurance cheats, watch out

DRIVERS who make false statements on a vehicle accident to insurance companies, take note.

The Motor Insurance Taskforce, set up last September to address the issue of rising motor-insurance premiums, said yesterday that it is proposing to criminalise false accident reporting to insurers.

This proposal is one of nine recommendations that the taskforce hopes will help lower the increasing premi… more

US Economic Indicators Preview

After having increased by a total of 3% in October and November, retail sales dropped by 0.3% mom in December, as car sales fell slightly despite industry reports of another rise. However, in January, the announced drop in domestic vehicle sales could actually translate into higher car sales in the…

US Economic Indicators Preview

Retail sales could have risen significantly again in November, by about 0.8% mom. Vehicle sales increased unexpectedly by a good 5% mom, and the beginning of the holiday season was reported to have been slightly better than in the previous year. In addition, markedly higher gasoline prices are likely to…

Deere’s profit falls after drop in sales

In its earnings release, Deere said it expects farmers to remain cautious about new equipment purchases because of the economy. Deere and Co. lost $223 million in the fourth quarter, reflecting big charges and a 28 percent slump in sales as demand for tractors, combines and construction equipment sagged.










Deere & CompanyTractorBusinessEngineering vehicleAgriculture and Forestry

RV industry no longer running on empty

Derald Bontrager, president of RV manufacturer Jayco Industries, said business is improving but has a long way to go.There are signs of recovery in the nation’s heartland, including Elkhart, Ind., but the rebound is faint, uneven and faces many threats.










Recreational vehicleElkhart IndianaUnited StatesIndianaThor Industries

Open category crosses $20,000 level

CERTIFICATES of entitlement (COEs) ended mixed in the latest tender yesterday, but one category breached the $20,000 level.

RELATED LINKS

MIXED BAG

The Open COE, which can be used for any vehicle type but which ends up mainly for cars, inched up by 1.9 per cent to hit $20,200. … more

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