The topic of subprime auto loans has been a hotly contested one at TTAC, with numerous commenters defending both the practice and the stability of recent run-up in subprime lending.
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U.S. sales of General Motors passenger cars slid 3.8% in July 2014. This 3348-unit loss was created in large part by the Chevrolet Cruze’s 4521-unit decline and the Impala’s 3279-unit slide, decreases which were not completely offset by smaller gains from the Malibu, Sonic, Camaro, Corvette, and Buick’s LaCrosse.
Despite a 5.5% boost in July volume from the GMC Sierra, GM pickup truck sales slid 1.6% as Silverado volume remained level and the company lost 1907 pickup sales from nameplates which are either defunct or have not yet returned.
Yet overall GM sales grew at pace with the market’s fast 9% clip in July. How?
Commercial vans, that’s how.
Yes, really.
But only in part. Read More >
Last Friday was the first day claims linked to accidents and fatalities related to the ignition switch that kicked-off the 2014 General Motors recall parade could be submitted to the compensation fund set up by GM and Kenneth Feinberg. Thus far, 93 such claims have been submitted.
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.
Back in the heyday of import tuner magazines, there was an ever-reliable advertisement for some kind of “electric turbocharger”, generally the kind seen above. Much like the “10x pheromones”, one couldn’t help but wonder who was buying enough of them that buying ad space was worthwhile.
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.
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.
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.
The federal fuel efficiency mandates now in place to guide automakers toward a fleet average of 54.5 mpg by 2025 may curb United States auto sales after 2018, according to a leading economist speaking during the 2014 Management Briefing Seminars in Traverse City, Mich.
Interested in a Model X? Then you may be better off waiting until the EV SUV actually arrives next year before turning up in a Tesla showroom, or you may end up going home in a Model S instead.
GM announced pricing for their mid-size trucks, with the Chevrolet Colorado starting at $20,995 and the GMC Canyon starting at $21,880.
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