Even though I’ve taken a crack at it in numerous articles, this infographic from GM Financial contains a much more thorough explanation of how auto loans are securitized. Click here for the full-size version.
Even though I’ve taken a crack at it in numerous articles, this infographic from GM Financial contains a much more thorough explanation of how auto loans are securitized. Click here for the full-size version.
When you want to spend around $100,000 on a car in Europe, few ideas are dumber than buying a pickup truck. Except for this one.

Silicon Valley startup bros looking to trade in their Teslas and Prii for FCEVs and Mirais will soon have two fueling options available from gas giant Linde North America.

The 2015 Toyota Mirai may be breaking new ground in the fuel-cell vehicle game beyond merely existing, as subsidies galore are being thrown at potential consumers on all sides, including the possibility of owning the FCV for free.

Daimler’s partnership with Aston Martin is growing, as the former will supply electric and electronic components to the latter for a 1 percent increase in holdings.
From Bloomberg’s Zachary Mider comes a new allegation regarding the restructuring of (formerly) American parts maker Delphi: the Treasury Department under Obama helped the company re-incorporate in England as part of a tax avoidance strategy. If that’s true, it’s an embarrassing revelation for a President who recently condemned American companies that incorporate abroad as “corporate deserters.” Like many things in the financial world, however, appearances are often deceiving.
Well, here I am — just a contributor again, and no longer the EIC. It’s freeing. Reminds me of when I was just a fresh-faced twentysomething doing competitive pin-and-plate shooting back in the days of the Clinton Administration. Back then, I had a good friend who worked at the best of the local gun shops and who sold me a lot of the equipment I used to participate in dominate various events. Then as now, gun shops are notorious for being a place where people discuss ridiculous theories or misinformation, and it was a particular and oft-sampled pleasure for this fellow to stand impassively with his hands on the counter for as long as it took for a customer to get it all off their chests before saying, “You’re wrong, and I’ll tell you why.”
When Jalopnik’s Raphael Orlove did us the courtesy of promoting my Malibu rental review, a few people brought up the usual chestnut that “you shouldn’t review rental cars, it’s not fair to the car companies” and so on. Well, those people are wrong, one of them in particular, and I’m going to tell them why.
The pricing announcement for GM’s mid-size trucks raised a big question at TTAC – namely, how are they supposed to compete with GM’s full-size trucks when there are such hefty rebates already available?
During a nine-year stretch between 2003 and 2011, the Toyota Corolla was consistently America’s best-selling small car.
For eight of those years, consecutively between 2003 and 2010, the Honda Civic was America’s second-best-selling small car.
Designs, architectures, and rivals changed, but the Corolla stayed on top.

General Motors has few diesel-powered wares at the moment, but with the U.S. diesel market expected to hit 10 percent of the overall market by 2020, GM wants as much as it can get.
For decades buyers made the pickup truck the bestselling vehicle in North America. Despite its utilitarian roots, the pickup truck has morphed from a working man’s appliance into a replacement for big body-on-frame American luxury sedans. Sure, that V8 Crew Cab is a nice vehicle, but what are you really going to do with a five-and-a-half-foot bed?

Six years removed from the Great Recession, LMC Automotive senior vice president and economist Jeff Schuster believes North American auto sales will remain strong through 2020 despite the remaining effects of the recession.
Longtime TTAC commentator Mikey writes:
Sajeev,
I bought a 2014 Impala LT with a 2.5 four cylinder, and a 6 speed auto. I’m a 60 year old guy, that’s driven more cars than I can count. I’m still in awe that the engineers have figured out a way to move a car with the weight and size of the Impala with a 155 cu. in. engine. I love the car, with its comfort, and size, it suits my needs perfectly. I’m getting great gas mileage, with mostly city driving. Were flirting with 5 dollars a gallon up here. I’m willing to sacrifice power for economy.
I’m rarely on the highway these days. However I do find that at highway speeds{ 75 mph or so} the slightest touch of the gas pedal, will cause a down shift. The tach will jump from 2200 up to the high 3000’s in an instant. Does the 6 speed down shift sequentially, 6 to 5? Or will it go back 6 to 4th? (Read More…)
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