Mazda has teamed up with AutoAlliance Thailand, Co. LTD. AAT with a 350 million dollar investment in creating the newest pickup truck from Mazda. This deal clearly shows Ford and Mazda’s dedication to Thailand and the investment adds to the total of over 1.85 billion dollars of investment into the AutoAlliance Thailand auto production plant.
This joint pickup truck program will help Mazda figure out how their workforce and resources are positioned in the global market. The AutoAlliance plant in thailand is already one of the most technologically advanced factories in the nation and it is fully capable of handling the requirements of this relationship. This plant is already known to produce high quality products with low cost in mind to compete with other manufacturers.
Since July 2007, AutoAlliance Thailand has been exporting Mazda and ford pick up trucks to over 130 countries around the world. The plant was also rennovated in July of 2009 to accomodate the manufacture additional vehicles from ford such as the Ford Fiesta and Mazda 2.
Geico has added an additional application to in addition to the GloveBox insurance app that is already available for the iPhone. The new car insurance quote application for the Apple (AAPL) iPhone is simply an additional dedicated mobile portal to Geico’s internet service offerings.
An app need not be downloaded to be effective. Geico’s website servers simply detect that the user is on an iPhone and they serve up the best mobile experience possible for the device. This means that the user interface was built specifically for the touch screen on the iPhone 4. It is a slick website that makes it super easy to get insurance quotes.
A useful tool for getting auto insurance quotes on the go! Also great if you don’t remember what the gecko looks like.
The GloveBox app is a iPhone app that is essential for Geico policy holders with iPhones. With it, the insured can:
- Pay insurance bills and order auto insurance ID cards
- Report an Accident or start an car insurance claim
- Call for roadside assistance in the event of an emergency
- Call for a rental car or taxi if needed
- Watch how to videos on tire changing and other light auto maintenance
- Even watch some TV about cavemen and geckos if so inclined
In addition to bringing their insurance technology up to speed, Geico has also been spending some money on education in America. There’s no better place to invest than in the future of our country.
83 College and university students will receive a One thousand dollar Geico Achievement Award in 2010. These recipients are the best among their schools in math, computer science, business or a related field and they have also played an active role in leading their community or school.
Know someone that might qualify for the Geico Achievement Award and needs an extra thousand bucks in their pocket? Geico Achievement Award Application Instructions
Short term auto insurance is necessary for some people. For example someone could own a car here in the United States and live outside of the country. This person may need to acquire a short term auto insurance policy if they do not maintain auto insurance constantly.
The state of California DMV requires that vehicles must maintain at least liability insurance to be eligible for vehicle registration. Thus the idea of “short term auto insurance” in the state of California is not really a feasible option.
Major insurance companies standard policy lengths
Geico: no temporary insurance offered. 6 month policy standard.
AIS (insurance broker): shortest policy is 6 months
The General (car insurance broker): shortest policy is 6 months, typical auto policy is 12 months
Farmers: no short term auto insurance available
State Farm: no temporary car insurance
It seems like most major carriers, including insurance brokers that shop many different insurance providers for their customers, do not offer any auto insurance policies for less than 6 months in California. If short term auto insurance such as 1 month auto insurance is really required then it makes sense to check with each potential insurance provider individually to see what fees would be charged for early cancellation. The fee for early car insurance cancellation varies and it the car insurance cancellation rate itself can be variable depending on the length of time left on the policy at the time of cancellation.
Here is an example of how a 6 month auto policy with a cancellation might work:
The 6 month premium is 600 dollars. The policy is canceled after 1 month so the insurance provider charges a cancellation fee of 100 dollars. The remainder of the policy is refunded to the customer at a prorated rate. $600/6 = $100 per month, and 1 month of the policy has been consumed already. Therefore the insured would be entitled to a refund of $400 in this scenario.
Tesla, future manufacturer of the 109 thousand dollar electric powered Tesla roadster that bears a striking resemblance to the new Lotus Evora, went public today with their IPO priced at around 17 bucks a share. Many investors took advantage of this opportunity and drove the price of this electric car manufacturer’s stock up to a final resting place of $23.89, which is a gain of $6.89 per share or 40.53% for TSLA.
Tesla raised over 200 million dollars today. They have already made plans to produce their cars at Toyota’s old NUMMI car manufacturing facility in Fremont, CA. As of today, this plant has shut down because of all the negative press that Toyota has received. Toyota is still getting complaints about their cars going crazy and putting their owner’s as well as other people on the road including pedestrians lives at risk today. In the San Francisco Bay Area, one woman reported that her Toyota Highlander went out of control even though it was not on the recall list.
