Corporate Average Fuel Economy, CAFE for short, is a series of regulations designed to improve the efficiency of vehicles sold in the United States. Automakers will be required to average 54.5 miles per gallon by the year 2025. Continue Reading...
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Automatic transmissions are HUGELY popular in North America. Europe is still a strong hold for the manual gearbox but on this side of the Atlantic self-shifters account for at least 90 percent of new-vehicle sales; the standard trans lost the market-share race decades ago and in spectacular fashion. Continue Reading...
It’s a commonly held belief that young people are not interested in cars. As the narrative goes, they’d rather rely on public transportation and play with their iPhones than drive. But a new study released by the Insurance Institute for Highway Safety’s Highway Loss Data Institute tells a different story. Continue Reading...
GM’s August sales were the best they’ve been in the better part of a decade and this strong showroom performance seems to indicate an economic recovery is in fact underway. Continue Reading...
Marketing for the half-ton pickup segment will change tack this fall with Ford and Chrysler facing off in a new realm: fuel economy. Continue Reading...
Drivers in South Carolina are being treated to gas prices below $3 a gallon, something that might even creep into other parts of the country. Continue Reading...
At one point, Japan was among the world’s leading auto markets but the country has yet to regain its stride after last year’s devastating earthquake and tsunami. Japanese auto sales dropped to half the peak rate and a recovery has yet to take hold. Global information company IHS Automotive conducted a study that shows sales in India… Continue Reading...
Automobile manufacturing is a big part of the Canadian economy. 10 percent of the country’s manufacturing output is related to the auto industry. Things have been changing for a few years already, and the future is not looking good for Canada. Thanks to their lower labor rates and production costs, more and more car companies… Continue Reading...
Surprisingly, large segments of Americans are willing to buy Chinese made cars. Market research company GfK Automotive did its annual Barometer of Automotive Awareness and Imagery, and found that 38 percent of the respondents would consider buying a Chinese car. According to the study, “The openness to purchasing a Chinese and Indian vehicle is highest among… Continue Reading...
Chevrolet has sold 2.35 million vehicles globally in the first six months of 2011, setting sales records in all the top five markets. The first six months of 2011 was the best half year performance in Chevrolet’s 100-year history. The American automaker sold 286,499 more vehicles in the first half of 2011 than the same… Continue Reading...
The damage caused by the March 11 earthquake and tsunami has affected manufacturing throughout Japan, however Nissan says that it anticipates being able to continue to gain market share from Honda and Toyota in North America. Honda and Toyota stopped production entirely in the months following the earthquake and tsunami, however, Nissan was able to… Continue Reading...
Nissan has launched a global proving test program for their compact electric commercial vehicle NV200. The Japanese automaker began the test with Japan Post Service. The postal service will be provided with the NV200 to carry out postal collection for two months in Yokohama. The vehicle will be tested in real world conditions to help fine tune small aspects of the… Continue Reading...
Mercedes-Benz has officially released details regarding the new B-Class and the brands plans to release a dedicated ‘eco’ version as well as offer four-wheel drive and a range of alternatively powered models after the initial launch. The vehicle has been lowered by 30mm to improve sportier handling and beneath the passenger cell, an ‘energy… Continue Reading...
y Sales for the Fiat 500 are picking up after a slow start in the US market. The Mexican built US version was off to a slow start after only selling 3,141 units through the end of May, but the cute Italian car is gaining momentum. Chrysler has just 70 Fiat dealerships nationwide however there… Continue Reading...
Even with high gas prices, Americans are choosing fuel effiecient compacts with conventional gas engines over pricier gas-electric hybrids. Sales have steadily increased with the Hyundai Elantra, Ford Focus and Chevrolet Cruze while hybrids are showing little activity. Hybrid sales in the U.S peaked in July,2009 peaking at 3.6% and last month sales were down… Continue Reading...
The eagerly awaited Volkswagen GTI Edition 35 may not after all, be coming to North America. According to an insider at Volkswagen of America, the U.S division is not interested in the GTI Edition 35. This special edition GTI will come with a sporty front end, wheels and interior, as well as an extra 25-hp… Continue Reading...
Nissan has officially announced, that sales of the updated 2012 Leaf will start in the fall of 2012. The 2012 Leaf will include the addition of a standard heater, heated outside mirrors, heated steering wheel, heated front and rear seats and a rear HVAC duct. A quick charge port has also been added as standard… Continue Reading...
Kia is planning to boost U.S production capacity by one fifth next year, because of high demand for new models. The Optima sedan is one of the Kia models meeting high demand, and the south Korean automaker is excited to take advantage of the world’s second-biggest auto market. Kia stated today, it will invest $100 million to… Continue Reading...
With the recent earthquakes and tsunamis devestating Japan, automakers in the country are announcing a series of plant closures. Toyota, Mazda, Honda and Nissan have all announced plans to close various factories through the middle of March, although the plants could remain shuttered beyond that timeframe. Toyota led the pack by announcing that their plants… Continue Reading...
Toyota Motor Corp stock decline over the past 12 months. Source www.BigCharts.com According to Bloomberg news, Toyota will soon announce a possible dividend cut or profit loss. Following the announcement by Toyota Motor Corp. President Katsuaki Watanabe, stocks dropped (just 0.2 percent) but still remained strong. Bloomberg sources the Nikkei English News, which doesn’t give… Continue Reading...