Category Archives: News And Society

Car Donation Companies

Thomas Morva asked: Car donation involves collecting old cars from donors and donating them to charity institutions that need donations. Car donation companies are basically intermediaries or links between the donors and the people who are ultimately benefited due to these donations. They help in funding public charities. Certain companies help even those organizations, which do not have their own charity programs. The car donation companies can auction the donated car in the market and the money so collected is handed over to charities or the car can be used by the charity organization. Either way the main objective of these companies is to facilitate development programs to meet all material and spiritual needs of the underprivileged.There are a number of companies worldwide which help Read more [...]

Car Owners Are Now Hit With Negative Equity

Michael Challiner asked: Experts have warned that due to plunging car prices thousands of motorists are in 'negative equity' on their vehicle loans. It means many car buyers are in similar positions to those whose mortgages are bigger than the value of their home. Altogether the total amount that is owed on car loans and the value of the vehicles could be as much as 272 million.If you have bought your car on a personal contract purchase (PCP) finance deal the problem is a lot worse. The total amount owed last year was 2.13 billion pounds. These contracts usually involve making a series of monthly installments. You then make a final payment after two years to secure ownership of the car. This is based on what the vehicle is predicted to be worth. Read more [...]

Truck Drivers Strike

Aubrey Allen Smith asked: Whether you are a seasoned driver, just out of truck driver training or attending any of the truck driver schools across the nation, one should be watching the outcome of this recent truck drivers strike. Primarily owner operators, many drivers shut down for a few days to protest the high cost of diesel fuel. At $4.00 plus per gallon, nobody can blame them. When a rig holds 300 gallons of fuel, $1200 just to fill up your tanks is destructive to your bottom line profit.But, will the strike have any effect? Will this small, short-lived demonstration actually cause a change for the better? Unfortunately, the answer will more than likely be a resounding, "NO." Having a small group of drivers stage a 3-4 day "strike" will, sadly, accomplish nothing. With owner operators Read more [...]