car chip shortage

As auto insurance premiums rise, consumers dropping insurance to pay other bills

As auto insurance premiums rise, consumers dropping insurance to pay other bills

By Lurah Lowery
on July 25, 2023
Insurance

Auto insurance premiums are still on the rise leading consumers, now more than ever, to continue shopping for better deals, according to J.D. Power and TransUnion.

“[C]onsumers are not relenting in their desire to find a more attractive premium for their auto insurance needs,” the Q2 2023 loyalty indicator and shopping trends (LIST) report states. “The second quarter of 2023 marks the highest shop rate we have recorded in now three years of tracking auto insurance shopping on a daily

… Read More

Read More

Metal shortage could put the brakes on electrification

As more and more electric cars are travelling on the roads of Europe, this is leading to an increase in the use of the critical metals required for components such as electric motors and electronics. With the current raw material production levels there will not be enough of these metals in future – not even if recycling increases. This is revealed by the findings of a major survey led by Chalmers University of Technology, Sweden, on behalf of the European Commission.

Electrification and digitalisation are leading to a steady increase in the need for critical metals* in the EU’s vehicle

… Read More

Read More

“AI Will Be Used For More Than Just The Products”

With the wide readership that this forum provides, feedback on articles comes in many forms: explicit compliments, constructive criticisms and a wealth of social media comments (as well as hopefully a few “Likes”). Most follow-up conversations are digital and quick, and they rarely inject residual feelings of missing a critical chuck of the full story.

But sometimes there’s a post-publication epiphany after a reader contacts me, and that leads to another interview.

In May, I attempted to explain

… Read More

Read More

Weighing up CTP as RACQ drops it from its car insurance

Last week, popular insurance provider RACQ said it plans to withdraw its Compulsory Third Party (CTP) insurance scheme from its car insurance offerings. 

RACQ will cease offering CTP cover to drivers from 30 September 2023, and from October, Queensland motorists will no longer be able to nominate RACQ as their CTP insurance provider. The drivers with an existing insurance policy with RACQ will be in place for the next 12 months and will be transitioned to another insurance provider on their renewals. 

But why has RACQ stopped offering CTP? 

In the last five years, the gap between the most and

… Read More

Read More

Nvidia builds out its Omniverse ecosystem to assist the automotive metaverse

Nvidia Corp.’s hyper-realistic real-time 3D graphics collaboration and simulation platform Omniverse acquired quite a lot of enhancements and partnerships right this moment throughout its digital GTC convention to assist automotive producers and the economic metaverse.

Nvidia Omniverse acts as a “metaverse” simulation platform for builders, artists and engineers to visualise and generate 3D fashions of tasks. They act and react as they might in the actual world inside digital worlds so builders can construct and take a look at and construct something they think about. That permits engineers to recreate something from automobiles, airplanes, factories and extra all inside digital

… Read More

Read More

Automobiles and vans probably to have main powertrain issues

Why you could wish to keep away from these specific cars

Trendy vehicles and vans are virtually impossibly advanced mechanical creations and are sooner, safer and extra environment friendly than ever earlier than. However that does not imply comparatively new automobiles are fully with out their fair proportion of issues. Many vehicle repairs are easy and comparatively cheap to resolve. However severe issues with engines and transmissions will be extraordinarily expensive and time consuming to repair.

Shopper Experiences, which repeatedly polls its readership to find out and forecast general car reliability, has launched a brand new listing of the

… Read More

Read More