Automobiles | WGLT

Automobiles

Rivian plant from the sky
Rivian

Rivian has attracted another large investment, this time $350 million from Cox Automotive.

Staff / WGLT

Nearly 3 million State Farm customers in Illinois are in for a lower auto insurance rate beginning next month. The insurance company is cutting rates by 2 percent.

A person sits in a car
State Farm / Flickr via Creative Commons

State Farm Insurance is announcing an auto rate decrease for Illinois. The Bloomington-based company says the average decline for Illinois rate payers will be 2.9 percent.

Mike Miletich / WGLT

Electric-vehicle maker Rivian said Tuesday it has brought on a new major investor as it nears the one-year anniversary of moving into the former Mitsubishi manufacturing plant.

State Farm sign on building
Staff / WGLT

State Farm Insurance has now raised its auto rates in Illinois more than in any time in the last fourteen years.

Other insurers have also been increasing premiums charged to customers.

Ralph Weisheit

The head of the company that just took the Mitsubishi plant in Normal off the automaker's hands says they will start liquidating the equipment in two or three months if they do not find a buyer for the plant.

John Lloyd

Other than a house or a college education, buying a car is the largest purchase many Americans make. There's a lot of stress associated with it. WGLT's Charlie Schlenker talks with Dan Deneen, a McLean County Attorney who frequently represents car buyers against dealerships. To buy a car the low stress way, Deneen says approaching a car purchase should be done systematically.

When you go to a car lot, Deneen also says, take an extensive test drive.
 

IL AG Seeks Details From Volkswagen

Oct 1, 2015
Flickr user David Villarreal Fernandez via Creative Commons

Attorney General Lisa Madigan says her office has asked for detailed information from Volkswagen in an investigation conducted by dozens of state attorneys general.