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Car and Driver announces 10 Best cars of 2012
Sunday, February 5th, 2012 
Consumers who are considering buying a new car can now use Car and Driver magazines recently released 10 Best list of cars on the market. Cars that make the list must meet specific requirements including being under $80,000 and the magazine says they must meet standard needs while still satisfying wants.
“As in years past, the cars on this years list represent the best overall vehicles on the market today,” said Eddie Alterman, editor-in-chief of the magazine. “Out of 68 contenders these are the ones that consistently perform the best, are a good value and are engaging fun-to-drive vehicles.”
Many luxury models
The Audi A6/A7 3.0T Quattro is currently on its seventh remake and made the list as the magazine says passion and persistence win, always.
Earthquake continues to disrupt automobile market months later
Saturday, January 14th, 2012 
The devastating Japanese earthquake this spring continues to send ripples through the automotive industry, causing prices to increase. The average price of a new car is up $350 this year, according to Edmunds.com. Not only did Japanese carmakers stop production, but parts shortages have forced other car manufacturers to slow down, Forbes reports. This is causing dealerships to have lower inventories and offer fewer incentives. Worth the wait Some experts believe car shoppers who are interested in buying a new car may want to wait until later in the year until production can get back to normal, the media outlet reports. For individuals who have a lease expiring in the next few months, trying to extend it through the end of the year may be beneficial. Taking over the end of someone elses lease is also an option individuals may want to consider.
OFT call for evidence on car insurance
Sunday, January 8th, 2012Acting on reports that comprehensive car insurance premiums have risen by as much as 40% in a year, the Office of Fair Trading (OFT) has issued a call for evidence.
The watchdog wants to establish the background to accounts of soaring private motor premiums, so it can consider whether further work is needed to improve the way the market works.
Consumer and competition issues will be identified and as part of its work, the OFT says it is particularly interested in examining reports that car insurance premiums in Northern Ireland are significantly higher than in the rest of the UK.
Insurers and others can submit their views on: the role of price comparison sites; the provision of credit hire replacement vehicles to drivers who are involved in accidents that are not their fault; insurance companies use of panels of approved repairers, and ancillary products that are sold by insurance companies in addition to standard motor insurance cover.
In the meantime, the OFT will continue to work with the Ministry of Justice, the Financial Services Authority and other government departments in this area, and will published its findings in time for Christmas.
According to the AAs British Insurance Premium Index, the shoparound average for annual comprehensive car insurance cover rose by 40.1% for the 12 months ending 31st March 2011.
Meanwhile, Northern Irelands Consumer Council claims that premiums across the Province have shot up by almost 73% in the last two years, with younger drivers worst hit and typically paying more than double the price for being legally on the road than in 2009.
Report details which companies have the highest number of U.S-built models
Saturday, December 31st, 2011 
Whether its due to a sense of patriotism or wanting to contribute to the countrys economy, when consumers are in the market to buy a new car, theyll often seek to buy American-made models. But as Consumers Reports indicates, a car doesnt necessarily have to be made by a domestic company to be considered American-built.Toyota is the maker of nine U.S.-built modelsFor instance, as the source indicates, Toyota produces nine models in the U.S., eight of which Consumer Reports recommends as good buys. Of all the companies that originate from another country, Toyota produces the highest number of U.S.-built models.Other foreign automakers with a high number of models built in the U.S. include Japans Honda, with eight, and Nissan with seven. Germanys Mercedes Benz is the maker of four U.S.-built models, according to Consumer Reports.Ford, Chevrolet build the highest number of models in the U.S.Of all makes, it may come as no surprise that the two most prolific automakers in the U.S.