Light vehicle sales haven’t peaked in the U.S., but the way they’re being sold is putting automakers in some financial peril.

That warning was delivered by Thomas King, vice-president of the Power Information Network, ahead of this weekend’s National Automobile Dealers Association, Wards Auto reports.

Speaking at the J.D. Power Automotive Summit, King said retail sales of cars and light trucks will rise this year and next, even after a very healthy 2015. Last year saw 14.2 million units reach customers, with volume projected to hit 14.7 million in 2017.

Despite moving more vehicles and rising MRSPs, automakers risk forgoing the financial benefits due to incentives and a growing trend towards leasing.

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The Tesla Model 3 had its curtain of hype lifted tonight, and it exists after all.

Sleek, with pronounced shoulders and a roofline that slopes to the decklid, the newest Tesla remains over a year away from production, but at least it now has a face.

Or lack thereof. But more on that later.

Tesla founder Elon Musk said the Model 3 will have an EPA-rated range of “at least” 215 miles, and will retail for $35,000. Every Model 3 — even base versions — will hit 60 miles per hour in less than six seconds.

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The wraps are coming off the hotly-anticipated Tesla Model 3 tonight, and the event will be broadcast live at 8:30 p.m. PT, 11:30 p.m. ET.

If you didn’t spent the first order day lining up around the block to put $1,000 down on the lower-priced Tesla, you can at least live vicariously through your computer screen.

Tesla founder Elon Musk tweeted yesterday that tonight’s launch is “Part 1” of the reveal, with the second coming closer to the model’s production date. This implies the Model 3 shown tonight won’t be the exact vehicle you’ll drive when it hits the market in late 2017.

It likely won’t be embryonic, either.

Watch the Tesla Model 3 launch here

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If you live in California and your demographics are right, your electric car dream is within reach. Yes, even you, baristas and struggling actors!

The website Leasehackr stumbled upon a killer deal for lower-income Californians (assuming they live near charging stations), and spelled out how leftover 2015 Ford Focus Electrics can be leased for essentially nothing.

If your personal life aligns with Ford’s customer incentives and California’s revamped EV rebate program, it can be done.

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The Chevrolet Corvair and Ford Pinto have long been derided as death traps — one for its tendency to crash into stuff backwards, and the other for roasting its occupants alive. They also share something else in common: you can see both at Ralph Nader’s museum (though, in the Pinto’s case, it will be in the form of a t-shirt).

Ralph Nader, who’s famously known as the guy who mercilessly destroyed the reputation of an innocent air-cooled Chevrolet or a hero who made big corporations think about their customers’ lives at least a little bit, is apparently a man with a sense of humor.

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Your vehicle’s hidden flaws and most shocking (mechanical) secrets will soon be just a click away.

The Department of Transportation is ending the clandestine relationship between your car’s dealer and the manufacturer by posting all Technical Service Bulletins (TSB) online, according to Consumer Reports.

TSBs, which outline the recommended procedure for repairing vehicles, will be posted in PDF form on the safercar.gov website.

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Volkswagen shareholders are wondering if they’ll be receiving a lump of coal in their dividend stocking this year.

That, Sergio is seeking a partner (but not those French guys), NASCAR’s Derek White is in trouble north of the border, GM seals the deal with a startup, and no Baby Buick for you … after the break!

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Last fall, we had a typical-for-TTAC slap fight between Bark and Mark, centered around Nissan. I’ve been ruminating on this argument for months, but my conversation last week with NISMO chief Hiroshi Tamura — and seeing what Nissan chose to feature in New York — finally pushed me over the edge.

As I walked through the glass doors in the Jacob Javits Center last Wednesday morning, preparing for my first auto show as a member of the press, the automaker that’s defined much of my motoring life was front and center.

Somewhat inexplicably, Nissan had rented possibly the best, highest-traffic space in the entire hall and filled it with a tribute to a six-figure supercar, complete with a bunch of old cars the U.S. never saw when new.

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Where do I start?

So, Honda unveiled a shoe yesterday, and it’s the next best thing to owning and driving a 2016 Civic.

At least, that’s what we’re led to believe. The limited edition…shoe…is a collaboration between Honda (maker of 3,000 pound vehicles that can drive places and are way pricier than pants), lifestyle-oriented digital media company Thrillist and menswear company JackThreads.

Yes, it’s called the HT3 Driving Shoe, and it premiered alongside the car that inspired it at a Thrillist-hosted Los Angeles shindig. We can’t confirm rumors that rioting broke out due to shoe anticipation.

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The cost of a comprehensive recall of all Takata Corporation airbag inflators could sink the company.

A source at airbag manufacturer Takata told Bloomberg that a worst-case scenario — a recall of 287.5 million airbag inflators — would cost the company $24 billion dollars, far more than analysts previously estimated.

The cost would be the equivalent of four times the projected revenue Takata expects for the 2015-2016 fiscal year, or six times the total value of the company’s assets.

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A federal jury has concluded that while General Motors sold cars with defective ignition switches, they weren’t the cause of a Louisiana accident, Reuters is reporting.

The two-week trial — the second related to the scandal — concerned the crash of a 2007 Saturn Sky on a New Orleans bridge that complainants Dionne Spain and Lawrence Barthelemy said was caused by a faulty ignition switch.

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The Insurance Institute for Highway Safety has started rating headlights, and just released a report that takes a dim view on the performance of most midsize cars.

Only one vehicle out of 31 testers earned a rating of “good” from the road safety nonprofit, with the bulk of midsize vehicles earning a rating of “marginal” or “poor.”

The results are even less dazzling when you take into account optional lighting packages, which pushed the number tested to 82. Even then, it was only the LED-equipped advanced technology package on the Toyota Prius V that earned the IIHS’s acclaim. Read More >

For Bill Brown, it’s been a nightmare that will not end. Last year, his 77-year-old brother, Bud, a former serviceman, was pulling out of a private driveway onto Sullivant Avenue on the West Side of Columbus, Ohio. Sullivant, a four-lane road that runs arrow-straight through some of the city’s most economically depressed areas and features everything from pre-WWII homes to tire shops along its length, has a speed limit of 35 miles per hour.

Brian Fritz was heading down Sullivant Avenue in his Ford Explorer at 106 mph when Bud’s old Astro conversion van crossed the street ahead of him. When Fritz saw Brown crossing the street, he tapped his brakes before swerving into the middle lane to catch the back of Brown’s Astro at 95 mph. Brown was thrown from the van and killed. Fritz was treated for minor injuries and released.

This week, Franklin County Prosecutor Ron O’Brien announced that no charges will be filed against Mr. Fritz. We know why that is, right?

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Ungodly horsepower and unbridled car lust? Check. Gaudy awesome lettering and badges? Check. (Optional) Disco era moustaches? Check.

If you’re triggered by anything that isn’t subdued, then the Trans Am SE Bandit Edition is definitely not a safe space.

Trans Am Depot, the Tallahassee-based creator of custom-built Trans Ams (using 5th-generation Chevrolet Camaros as a canvas), is out to satisfy 77 lucky buyers who yearn for the heady days of the late 1970s.

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Nissan’s U.S. sales boss delivered some Glengarry Glen Ross-style “motivation” to its ad agencies in order to pump up the brand’s weak messaging via a new campaign.

Christian Meunier, who took control of Nissan’s U.S. sales and marketing in January, dressed down a roomful of agency reps a week into his new job, according to Automotive News (via Ad Age).

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