For Europeans who enjoy self-cleaning ovens and cats, and would prefer not to wash and wax their Nissan Note, Nissan in Europe has unveiled a Note for them that is resistant to dirt and oil by way of its new coating.
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Though the United Auto Workers recently backed down from challenging the results of the February 2014 organization election held at Volkwagen’s Chattanooga, Tenn. plant before the National Labor Relations Board, Volkswagen has opted to leave the door open for representation via a variation of the works council model used elsewhere.
As the vortices of winter give way to the tornadoes of spring, two automotive weather forecasters predict April 2014 sales to rise 9 percent as consumers head for the showroom floor amid the warming air.
Earlier this week, the Environmental Protection Agency put in place 2013 requirements for cellulosic ethanol for automotive use in the United States at 810,000 gallons, an amount far short of the 1 billion gallons Congress desired seven years earlier when the Renewable Fuel Standard Act came into force.
The Dodd-Frank Act, created in the wake of the Great Recession as means to curb the practices by financial corporations that led to the Great Recession in the first place, is now being used to go after an automotive lending company in New York for stealing from its customers.
Currently, around 2.13 million cars will come off-lease by the end of 2014, up from 1.7 million last year. By 2016 and beyond, however, over 3 million vehicles annually will turn up on many a CPO and used car lot, replacing a long drought with an El Niño-esque flooding of the U.S. used car market.
With Ally Financial’s IPO now making the rounds on the New York Stock Exchange, the former financing arm of General Motors has its eyes on taking more of the subprime market, a move benefiting dealers once the last ties to the U.S. federal government have been severed and sold to the stock market.
Though Tesla is now just delivering new vehicles to China, CEO Elon Musk predicts his company will build luxury electric vehicles in the burgeoning market within the next three to four years.
The Huffington Post reports the United Auto Workers has withdrawn its petition with the National Labor Resources Board challenging the results of the February 2014 election regarding organization of the workforce at Volkswagen’s plant in Chattanooga, Tenn.
In an interview with Bloomberg at the 2014 New York Auto Show, Volkswagen America CEO Michael Horn says the Phaeton will return to the United States market as early as 2018.
Automotive News reports Honda announced the Fit-based subcompact crossover will be called the HR-V, releasing the first official photos during the 2014 New York Auto Show. The crossover will enter U.S. showrooms later this year from Honda’s Celaya, Mexico plant, where the Fit is made, and will be priced just below the CR-V, currently $23,775 to start.
Though Toyota already has a presence in South Africa, the automaker is eyeing the last untapped market in the world: The African continent.
The U.S. Department of Energy unveiled last week a four-year plan that would advance the goal of energy security by building upon as many alternative sources as possible, further reducing dependence on imported petroleum.
Automotive News reports Washington state governor Jay Inslee signed legislation that would allow Tesla to continue with its direct-sales business model within the state while also clarifying current law that favors traditional franchise dealership networks by preventing other automakers from following in Tesla’s path. The EV automaker thanked the state government “for supporting a culture of innovation and ultimately making the right decision for consumers” with the introduction of the bill into law.
In 2008, Honda sold nearly 80,000 Fit subcompacts to the United States, and is preparing to move 70,000 annually from the lot to the driveways of America thanks to its new Celaya, Mexico plant.
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