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Posts Tagged “

Progressive

new york auto show

Progressive Automotive X Prize Officially Announced

Today in the Javits Center during the 2008 New York Auto Show, X Prize Foundation President Dr. Peter Diamandis, along with New York City Mayor Michael Bloomberg, announced Progressive will be the corporate sponsor of the long stewing Automotive X prize. The Progressive Automotive X Prize will award $10 million to the winning team after a head-to-head competition scheduled to happen sometime in 2009. The entries must be safe, production capable, and deliver at least 100 mpg. The teams will compete in three different classes — a mainstream class for four wheel, four passenger entries, an Alternative class to push the boundaries of technology, and in 2011, a manufacturers prize for established companies.

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industry news

One Man's Quest To Get Oversight For Insurance Company Repair Programs

We like to think our skills as automotive wonks are fairly well-honed, but Mr. Eversman at AutoMuse makes us and our little Rules Of The Road feature look amateurish. If you'll remember, he was the one who brought the Allstate repair case to our attention. Now he's taking aim at the "direct repair" or "concierge" services offered by the major insurance companies, which is another insurance program aimed at hurting consumers. More »

news

Progressive Crushes 5,000 Flood-Damaged Vehicles

Due the total floodination of Southern Louisiana and surrounding areas' infrastructure, many cars sat in a toxic postmordial soup for up to four weeks before they could be pulled out, naturally to be declared total losses. Progressive, stuck with 5,000 of completely irreparable hulks, decided to send 'em off to the squasher rather than sell them to junkyards or attempt to repair and resell them with salvage titles. More »