Detroit News Commentary: The Benefits of a Franchised Dealer Network
By Washington DC June 17, 2014; AIADAOnline reported that in an editorial in the Detroit News by Maryann Keller opined that at the height of the dot-com bubble, Wall Street analysts, academics and consumer advocates claimed that âfactory-directâ new-car sales would reduce costs, lower prices and deliver super ... Continue reading
More Consumers Jumping on the Certified Pre-Owned Bandwagon
Certified pre-owned (CPO) sales should surpass 2013's all-time high of 2.1 million vehicles this year, says the National Automobile Dealers Association (NADA) Used Car Guide in the May edition of NADA Perspective, a monthly industry trends report. After growing rapidly at the beginning of the 2000s, CPO sales experienc ... Continue reading
Iteris to Help Power the I-95 Corridor Coalition with Performance Measurement and Traffic Analytics
Iteris, Inc. (NYSE MKT: ITI), a leader in providing intelligent traffic management information solutions, has been selected, along with HERE, to compete with a small group of other companies to provide traffic data and analytics for the I-95 Corridor Coalition, which spans nearly 2,000 miles from Maine to Florida. â ... Continue reading
Clean Energy Fuels Corp. today announced its El Paso, Texas, Americaâs Natural Gas Highway station has opened. This enables heavy-duty LNG truck fueling along the transcontinental Interstate 10 highway between Los Angeles, Calif., and Houston, Texas. Additional natural gas stations have opened or are under constru ... Continue reading
Fordâs European sales increased by 7.7 percent from January to May, compared to the same period last year; industry growth was 6.6 percent Year-to-date market share up 0.1 percentage point to 7.9 percent May sales down by 1 percent, largely explained by higher than usual CD car volume in May last year Highest comm ... Continue reading
Chevrolet Volt Owners Surpass Half a Billion Electric Miles
Since its launch in late 2010, Chevrolet Volt owners have accumulated more than half a billion all-electric miles. Additionally, based on a General Motorsâ study of more than 300 Volts in service in California for more than 30 months, many owners are exceeding the EPA-rated label of 35 miles of EV range per full c ... Continue reading
GM Will Rework or Replace Keys on 3.16 Million U.S. Cars
General Motors will rework or replace the ignition keys on about 3.16 million 2000 to 2014 model year cars in the U.S. because the ignition switch may inadvertently move out of the ârunâ position if the key is carrying extra weight and experiences some jarring event. The use of a key with a hole, rather than ... Continue reading
U.S. Census Bureau Daily Feature for June 17--The Origins of Accident Insurance
Following is the daily "Profile America" feature from the U.S. Census Bureau: ACCIDENT INSURANCE Profile America â Tuesday, June 17th. America's first accident insurance company was chartered on this date in 1863 in Hartford, Connecticut. It was the Travelers Insurance Company â still with us today as the Tra ... Continue reading
Ford Returns As Presenting Sponsor Of Legendary Bronner Bros. International Hair Show
Continuing its eleven-year partnership with Ford, Bronner Bros. (BB), a leading global hair and skincare company, today announced the automotive giant has extended its agreement as "Presenting Sponsor" of the 67th Annual BB International Hair Show & Convention. Billed as the largest cosmetology trade event of its kind, ... Continue reading
Consumer Demand for Vehicle Stability and Safety Supports Market for All-wheel Drive Systems
The growing demand for vehicle stability, safety, and enhanced driving dynamics is fueling the adoption of all-wheel drive (AWD) systems, particularly among the C (i.e. BMW X1 and Acura RDX) and D vehicle segments (i.e. Volvo S60 and Ford Fusion). AWD systems enable the secondary axles to engage before slippage occurs ... Continue reading
Honda, Acura Earn Top Honors from 2014 Best Retained Value Awards
Honda and Acura captured the top prizes in Edmunds.com's fourth annual Best Retained Value® Awards, which recognize the brands and 2014 models that have the highest projected residual values after five years based on their average "cash" True Market Value® (TMV®) price during their first five months in the market (o ... Continue reading
196 litres of carrying capacity The boot sill is also 20mm lower for easier loading An urban runabout thatâs exceptionally user-friendly for day-to-day motoring Small but perfectly formed, the all-new PEUGEOT 108 takes city car versatility to a new level. With a raft of enhancements over its predecessor â the ... Continue reading
Maserati and La Martina Host UK Polo Match
On Sunday 15 June, the British round of Maseratiâs Centennial Polo Tour was held at Cirencester Park Polo Club. The Jerudong Park Polo Trophy is the third event in the Italian brandâs celebratory tour which has already seen thrilling action on the field in Palm Beach in the USA and in Tianjin in China. Playin ... Continue reading
NISSAN CONCEPT 2020 Vision Gran Turismo hints at the future 2+2 virtual supercar with advanced aerodynamic body Nissan today lifts the virtual covers off the NISSAN CONCEPT 2020 Vision Gran Turismo, a vision of what a high performance Nissan could look like in the future. It was created through close collaboration with ... Continue reading
The New BMW M3 Saloon and M4 Coupé
Characteristically aggressive M design combines sporting intent with the latest aerodynamic optimisation. High-revving six-cylinder M TwinPower Turbo engine with 431hp and impressive 550Nm torque across a very wide rev range. Extensive use of lightweight materials, including carbon-fibre, for substantial weight loss ov ... Continue reading
Vauxhall Insignia Sports Tourer Awarded Best Petrol Towing Car
Proving that petrol can still play in the pulling power stakes, the Vauxhall Insignia Sports Tourer has been recognised as the best petrol model in the annual Tow Car Awards 2014. The Vauxhall Insignia Sports Tourer 1.6i 16v Direct Injection Turbo (170PS) beat competitors from MercedesâBenz and SEAT to be awarded ... Continue reading
Vauxhall lifts Konecranes' Fleet to another level
Vauxhall has delivered 88 of its vans to Konecranes in a deal which includes its multi-award winning Combo, as well as its British-built Vivaro. The world-leading lifting equipment and services provider has taken delivery of the 88 Vauxhall vehicles, the majority of which are the L1H1 Combo vans or L1H1 Vivaro panel va ... Continue reading
Volkswagen CV records strong growth in Western Europe
Hannover, 16 June 2014: Volkswagen Commercial Vehicles increased sales of Amarok, Caddy, Transporter and Crafter models in Western Europe by 6.2 per cent during the first five months of the year, taking total vehicles shipped to 117,500 (last year: 110,600). âThe economic recovery in the Western European vehicle m ... Continue reading
Fiat S.p.A. approves merger plan for the formation of Fiat Chrysler Automobiles
The Board of Directors of Fiat S.p.A. (âFiatâ) announced June 15 that it has approved the cross border merger terms (âmerger planâ) governing the merger of Fiat into its wholly owned subsidiary Fiat Investments N.V. This subsidiary, which is organized in the Netherlands, will be renamed Fiat Chrysle ... Continue reading
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