Latest auto news, reviews, editorials, and podcasts
The latest Q2 2014 data from Experian was released this week, and key metrics like repossessions, loan delinquencies and outstanding balances have all seen increases.
While France already offers a subsidy of $8,400 for consumers who purchase a new electric vehicle, a proposed piece of legislation would see that figure expand for drivers of diesel cars, bringing the total subsidy to a staggering $22,000.
I’m an economist, and do more than think about the industrial organization (IO: “structure, strategy, conduct and performance”) of the auto industry. Here I present overall employment data and then focus on the automotive component. For a recent item on inflation and interest rates see here at my blogspot blog, Autos and Economics.
Read More >
General Motors global product development chief Mark Reuss revealed Tuesday that Cadillac will press ahead with an F-segment sedan built upon a new platform.
Germany-based rental car company Sixt SE announced its DriveNow car-sharing venture with BMW has exceeded expectations, with profits to match.
Honda sales are decreasing in a market that’s increasing, a fact to which Honda drew attention when the company’s U.S. sales boss called out the industry for short-term tactics that artificially expand the size of the market.
U.S. new vehicle sales are up 5% through the first seven months of 2014, yet sales at the Honda brand are down 1.3% and sales at Acura are down 1.8%. Read More >
With as many as 26 million vehicles recalled by General Motors alone thus far in 2014, consumers may have a hard time determining if their vehicle needs to be repaired. The National Highway Traffic Safety Administration has come up with a tool to help, however.
The National Insurance Crime Bureau released its newest list of the top 10 vehicles most likely to be stolen, with Honda and pickups leading the pack in a year that has seen the lowest number of vehicles stolen since 1967.