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.
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.
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.
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.
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.
Just a little ways ahead is your favorite spot on the whole trip. It’s a place you always look for as you drive by, craning your neck and slowing down to take in the view. You’ve never stopped there, though. Whether it’s a spouse, the kids, or just a nagging commitment, something always gets in the way. Or maybe it’s your guilty conscience holding you back. This time, though, you’ve made up your mind. You’re going to stop and have a real look-see around the place. Your pulse quickens as you get closer.
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.
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