Honda Fit Retains Consumer Reports “Best Small Car Value” Title

Honda Fit Retains Consumer Reports “Best Small Car Value” Title
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During its evaluation of finding the year’s best value vehicles, Consumer Reports, tested cars, SUVs and trucks from a total of 11 different categories. Scores were determined based on a five-year ownership cost of each vehicle, including depreciation, insurance premiums, fuel costs, interest on financing, repairs and maintenance and sales taxes. Continue Reading...

US Auto Sales Rise As Import Price Gap Increases Thanks To Rising Yen

US Auto Sales Rise As Import Price Gap Increases Thanks To Rising Yen
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As the Yen continues its march against the dollar, Japanese manufacturers are less likely to offer incentives to move metal off dealer lots; in fact average industry wide spending on incentives fell some 9.6 percent through September, down to $2,498 per vehicle. Continue Reading...

Automakers Shut Down Plants As Typhoon Hits Japan

Automakers Shut Down Plants As Typhoon Hits Japan
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As Japan is now in the midst of Typhoon season, there will likely be others making landfall before all’s said and done, with the potential to wreak further havoc on the country’s citizens and infrastructure, making local automakers nervous. Continue Reading...

European Carmakers Adjust Parts Strategy Amid Japanese Crisis

European Carmakers Adjust Parts Strategy Amid Japanese Crisis
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The Earthquake disaster in Japan may prompt European car makers to seek suppliers closer to them, the chief of Europe’s automobile association said. Ivan Hodac, secretary general of the European Automobile Manufacturers Association, said that some car makers are still being affected by the disaster that caused several Japanese auto manufacturers to suspend operations. Hodac also… Continue Reading...
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