By on April 22, 2014

Used cars

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.

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By on April 22, 2014

Ally_Financial

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.

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By on April 22, 2014

Model S - Tesla Motors China

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.

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By on April 21, 2014

volkswagen-chattanooga-solar-park-08

The Huffington Post reports the United Auto Workers has withdrawn its petition with the National Labor Resources Board challenging the results of the February 2014 election regarding organization of the workforce at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.

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By on April 18, 2014

phaetons

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.

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By on April 17, 2014

honda-hr-v-2

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.

By on April 15, 2014

Toyota Land Cruiser 79 Bakkie

Though Toyota already has a presence in South Africa, the automaker is eyeing the last untapped market in the world: The African continent.

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By on April 15, 2014

South_Point_Wind_Farm

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.

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By on April 14, 2014

Ubuntu_GNOME_13.10_ScreenShot

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.

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By on April 14, 2014

2014-honda-jazz-2015-honda-fit-photo-gallery-medium_17

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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By on April 11, 2014

1.3L_gasoline_engine

Toyota has unveiled this week two new fuel-efficient gasoline engines that will serve as the basis for as many as 14 global powerplants by 2015, and boost economy by 10 percent.

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By on April 11, 2014

Governor_Bill_Haslam

Tennessee governor Bill Haslam and U.S. Sen. Bob Corker are just two of the 20 prominent Tennessee witnesses subpoenaed by the United Auto Workers to appear at the union’s hearing before the National Labor Resource Board later this month, where the UAW will appeal the results of the organizing election held at the Volkswagen plant in Chattanooga back in February of this year.

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By on April 11, 2014

gm-headquarters-logo-opt

Autoblog reports 2.19 million of the same vehicles under the current General Motors ignition recall are under a new ignition-related recall, as well. The new recall warns of a problem where the key can be removed without the switch moved to the “off” position. According to GM, the automaker is aware of “several hundred” complaints and at least one roll-away accident resulting in injury, and is instructing affected consumers to place their vehicles in park or, in manuals, engage the emergency brake before removing the key from the ignition until repairs are made.

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By on April 10, 2014

Rencen. Picture courtesy GM

Associated Press reports General Motors has placed two engineers on paid leave as “an interim step” in the investigation conducted by former U.S. attorney Anton Valukas. Spokesman Greg Martin declined to name the two engineers in question.

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By on April 10, 2014

Octane

Should United States gasoline octane standards be updated to match those in Europe, fuel efficiency could see a significant improvement, along with increases in engine power.

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