Auto

Allstate announced on Wednesday that it will now be offering auto insurance plans for drivers who pick up passengers via apps like Uber and Lyft. According to Chicago Business, the brand new Ride for Hire policy will come with a price tag of about $15 to $20 per month and will “provide coverage for drivers…

As driverless cars continue to become more and more of a reality, experts suggest that we could eventually see auto insurance rates begin to drop. A recent study by RAND Corp. found that the increased safety benefits from self-driving cars – which promise to come with a reduced risk of accidents – are likely to…

Wells Fargo announced on Monday that it has put a cap on the amount of money it will loan to subprime borrowers. As reported by CNBC, according to execs, the San Francisco-based banking giant “is limiting the dollar volume of its subprime auto originations to 10 percent of its overall auto loan originations.” Last year,…

According to officials, Advance Auto Parts will be employing 600 workers in North Carolina by the end of 2017. Average pay for workers will be around $110,000 per year, and Governor of North Carolina says that the company could get over $17 million in tax breaks. Continue to original source