Category Archives: Useful Information

Americans Light vehicles hit record average age: 11.4 years

The U.S. vehicle fleet population is changing, a shift that gives way to significant opportunities for certain automotive aftermarket segments according to Polk, the global automotive market intelligence firm recently acquired by IHS.

As part of its analysis, Polk reports the average age of all light vehicles on the road now stands at a record high of 11.4 years, based on review of over 247-million U.S. car and light truck registrations earlier this year.

GEM Motoring Assist videos to support elderly drivers

Road safety charity GEM Motoring Assist have produced a range of videos to support elderly drivers and their families remain safe on the road.

Confronting the issue of when to give up driving is never easy, and for some people – used to a lifetime of independence and mobility – it may come as a huge blow.

Lighter cars increase collision repair costs

Lighter cars increase collision repair costs

More use of weight-saving materials such as aluminum, carbon fiber and high-strength steel are boosting gas-mileage in new cars, but also are complicating and adding cost to repairing them after accidents.

Nokia partners with Daimler on smart maps for self-driving cars

Nokia HERE Connected Driving Links Your Car to the Cloud

Nokia business announced ahead of the Frankfurt Motor Show that it has partnered with the Mercedes-Benz division of Daimler and two of the world’s leading automotive system integrators, Continental Corp. and Magneti Marelli.

Deloitte fined £14m over MG Rover’s accounts

According to Reuters, MG Rover’s accountancy company, Deloitte, has been fined £14m by the Financial Reporting Council (FRC) over not being able to succeed in manage conflicts of interest in its advice to MG Rover Group in the run-up to its falling into administration in 2005.

Deloitte and partner Maghsoud Einollahi had acted as corporate finance advisers to firms involved with MG Rover and the Phoenix Four, including giving tax advice while Deloitte audited MG Rover.