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Connecticut is ranked the ninth-most expensive state for car insurance, according to the Insurance Information Institute, with the average driver spending about $1,168.33 per year on premiums.
Connecticut drivers have a big opportunity to save if they’re willing to shop around. Auto insurance costs can vary widely from person to person, and there are many factors that go into them.
Things like your age, gender, and your credit score can all influence your premium, or the amount you’ll pay for coverage. Each company uses a different formula to consider these factors into your price, so you’ll want to get a few different quotes to see which company offers you the
Shift Technologies Inc. Chief Executive George Arison didn’t even know what a SPAC was until last year. Now, his San Francisco-based online marketplace for used cars is hopping aboard the blank-check train on its way to becoming public.
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Special-purpose acquisition companies, also known as SPACs or blank-check companies, have been around for decades, but have made a big comeback this year amid the pandemic, thanks to low interest rates and stock-market volatility. Sports-betting operator DraftKings Inc.
electric-vehicle maker Nikola Corp.
electric-truck powertrain maker Hyliion Holdings Corp.
and space-flight company Virgin Galactic Holdings Inc.
are among the companies that have gone public via the SPAC route.
SPACs raise money in an initial public offering, then look to buy businesses, usually within a couple of years. When a SPAC finds a business and successfully negotiates the transaction, the two merge and the
HINSDALE, IL — A Hinsdale car dealer wanted an access drive to connect two dealerships. But the Village Board rejected the idea this week, with officials saying they feared it would ultimately mean less sales tax money.
Land Rover Hinsdale had already built an access drive connecting its dealership at 336 E. Ogden Ave. to its old property at 300 E. Ogden Ave., where it is planning an electric car dealership.
Two years ago, Land Rover entered a sales tax-sharing agreement with Hinsdale. Part of the deal was for Land Rover to completely move out of the old property to make way for a new sales tax-generating business.
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Now, officials fear that the old property could be used for storage for the Land River dealership, which also sells Jaguars.
“Go up and down Ogden Avenue and you’ll see lots of dealerships that have lots of land,” Village President Tom Cauley