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GMAC spent $740K lobbying government in 2Q (AP via Yahoo! Finance)
automotive and mortgage lender GMAC LLC spent $740,000 lobbying in the second quarter on legislation related to mortgage lending, banking and other issues, according to a recent disclosure report.

Driving less? Pay less for your auto insurance (San Jose Mercury News)
California motorists who drive less could save more than gas money under a new green insurance option announced Wednesday by Insurance Commissioner Steve Poizner.

California insurance commissioner pushes for green car insurance option (BizJournals)
The California Department of Insurance wants Golden State drivers to drive less, save money and save the planet, all at the same time.

Distributors Terminal Corporation upgrades warehouse management system for improved custo (Wabash Valley Journal of Business)
Manufacturers, especially those in the food and automotive industries, will benefit from the advance... read more...

Regulations introduced for 'green' policies (The Sacramento Bee)
Insurance Commissioner Steve Poizner introduced regulations Wednesday that pave the way for insurers to roll out California's first "green" auto insurance program in fall 2009.

Company reaches deal to sell plant (Times Herald)
ST. CLAIR -- Blue Water Automotive Systems Inc. is in the process of selling one of four St. Clair County facilities the financially troubled company had scheduled to close.

AutoWired - Automotive news and information. Live (AutoWired)
Almost half of motorists believe that they have been ripped off by car mechanics, according to a survey by These 'scams' cost the nation £8 billion in over-charged, unnecessary or poor quality work, claims the poll.

The Ultimate Fuel Economy Challenge: 100 + Hopefuls Intend to Compete for $10 Million Progressive Automotive X PRIZE; ... (Marketwire via Yahoo! Finance)
As American drivers prepare to fill up their gas tanks for what is regarded as the last long weekend of summer, many hopeful winners of the Progressive Insurance Automotive X PRIZE -- a multimillion dollar competition designed to inspire a new generation of viable, super-efficient vehicles -- are laboring away in their garages and test facilities, with the shared goal of finding a solution that ...

GDP edges up in second quarter after Q1 decline: StatsCan (The Canadian Press via Yahoo! Canada News)
OTTAWA - Real gross domestic product edged up 0.1 per cent in the second quarter of 2008, following a 0.2 per cent decline in the first quarter.

The almanac (UPI)
By By United Press International UPI Almanac for Friday, Aug. 29, 2008.

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