GM to Invest $1.2 Billion in Full-Size Truck Plant
May 27, 2015
General Motors is investing $1.2 billion in its full-size pickup truck plant for upgrades and technology that will improve the plantâs competitiveness in assembling high-quality light- and heavy-duty models. Construction of the new pre-treat, electro-coat paint operation and sealing facility, expanded body shop, e ... Continue reading
Jaguar Land Rover Automotive Reports its Full Year Results
May 26, 2015
Jaguar Land Rover Automotive plc today reported its full year results for the 12-month period to March 31, 2015. The company delivered its fifth successive year of solid growth, robust financial results and continuous investment in its future. ... Continue reading
Mazda CX-5 Global Production Reaches One Million Units
May 25, 2015
Mazda Motor Corporation announced today that cumulative production of the Mazda CX-5 surpassed one million units at the end of April 2015. Taking only three years and five months since production commenced in November 2011, the CX-5 is the second fastest Mazda model to reach the milestone one-million-unit mark, followi ... Continue reading
Electric Vehicle U.S. Federal Tax Credits
May 24, 2015
Electric vehicles (EVs) purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500. The credit amount will vary based on the capacity of the battery used to fuel the vehicle. This credit replaces an earlier credit for EVs purchased in 2009. Small neighborhood electric vehicles do not qua ... Continue reading
New-Vehicle Retail Sales SAAR in May to Hit 14.1M Units, Highest Level So Far in 2015
May 24, 2015
U.S. new-vehicle retail sales, on a selling-day adjusted basis, in May 2015 are expected to reach their highest levels since August 2014, according to a monthly sales forecast from J.D. Power and LMC Automotive. Retail Light-Vehicle Sales The new-vehicle retail seasonally adjusted annualized selling rate (SAAR) in May ... Continue reading
Autobytel Acquires Dealix, Car.com, UsedCars.com for $25 Million
May 22, 2015
IRVINE, Calif., May 21, 2015; Autobytel a provider of online automotive services connecting consumers with dealers, has acquired Dealix Corporation and Autotegrity, Inc. (wholly-owned subsidiaries of CDK Global, LLC), for $25 million. The all-cash transaction, which includes a working capital adjustment, combines two p ... Continue reading
LoJack Releases Sixth Annual Vehicle Theft Recovery Report
May 22, 2015
Honda Civic the Most Stolen and Recovered Vehicle Model in 2014; Average Value of Vehicles Recovered Equals More Than $10,000 CANTON, Ma -- May 21, 2015; LoJack Corporation announced today that law enforcement officials recovered more than $83.5 million in stolen vehicles equipped with the LoJack® Stolen Vehicle Recov ... Continue reading
WinIt: New iPhone App Fights Parking Tickets in NYC
May 22, 2015
New York City issues millions of dollars in parking violations every year. In 2014, NYC parking tickets totaled approximately $546 million, but many of those fines are issued wrongfully. However, most people cannot take the time and effort to contest a parking ticket violation, even if they think they received the tick ... Continue reading
GM Foundation Donates $1 Million to Habitat for Humanity
May 22, 2015
Grants to help fund new home builds, revitalization projects and veteransâ initiative DETROIT -- May 22, 2015: In recognition of Military Appreciation Month, the General Motors Foundation announced today a $1 million grant to Habitat for Humanity to fund projects, including 11 new home builds in partnership with H ... Continue reading
Forbes Best Memorial Day New Car Deals
May 22, 2015
Memorial Day is a national holiday set aside to honor our country's fallen military heroes, but you wouldn't know it from the plethora of broadcast and print ads that otherwise seem to treat it as an extended weekend's new-car bargain bonanza, reports Forbes. To be sure, the coming holiday weekend is one of the best ti ... Continue reading
Ford F-150 Named Top-Selling Vehicle Across All Branches of the Military by USAA
May 22, 2015
Ford F-150 is the top-selling vehicle for members of the United States military â across all branches â according to an analysis of former and active-duty military personnel using United Services Automobile Associationâs car buying service. This is the latest in a series of achievements for the toughest, ... Continue reading
May 21, 2015
Litigation Charges TrueCar with Noncompliance with Key Sections of the California Vehicle Code and Non-Transparency with Consumers SANTA MONICA, CA -- May 20, 2015: California New Car Dealers Association today filed legal action against Santa Monica-based TrueCar for its noncompliance with various sections of the Calif ... Continue reading
Savvy Car Buyers May Get Best Deals This Memorial Day Weekend
May 21, 2015
Learn where and how to get the best deal on a car or truck. MCLEAN, VA -- May 20, 2015: While automakers look to capitalize on the extra shopping time shoppers will have over the three day Memorial weekend, the holiday provides a great opportunity for consumers to score an outstanding deal on a new car or truck. Accord ... Continue reading
2015's Insurance Premiums By Car Type
May 20, 2015
by John S Kiernan Senior Writer WalletHub May 20, 2015; In addition to being the unofficial start of summer, Memorial Day is also the yearâs busiest weekend for car sales and the kick-off to a three-month period in which 27 percent of all annual car sales are recorded. That number may be even bigger this year, giv ... Continue reading
Better Credit Scores Mean Lower Interest Rates On Auto Purchase
May 20, 2015
Survey: Only 40% of car-buyers check their credit before major purchase May 19, 2015 by Megan Wells Are you hunting for a new car and wondering how this purchase might affect your credit? A new survey from WisePiggy.com shows that consumers arenât always checking their credit score and credit report before purchas ... Continue reading
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