Category: Government

By on October 9, 2014

car salesman battle brigade

According to National Automobile Dealers Association chair Forrest McConnell, the United States government’s plan to tighten automotive finance regulations amounts to an attempt by said government “to take away the consumer’s right to get a discount.”

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By on October 8, 2014

peugeot-rcz-enhanced-with-new-exhausts-and-custom-luggage_3

While hot hatches and hypercar hybrids caught the attention of everyone at the 2014 Paris Auto Show, senior executives for some of Europe’s major automakers warned all who would listen that potentially stronger greenhouse-gas regs could prove “fatal” to the European auto industry.

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By on October 6, 2014

Ameriquest Mortgage NASCAR Nextel Cup Series Ford Fusion

The same subprime lending practices in the mortgage industry that fueled the run-up toward the Great Recession have found a new market to infect: used-car auto lending.

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By on October 1, 2014

Harry Reid

For the past three years, President Barack Obama has called upon Congress to raise tax incentives for electric vehicles from $7,500 to $10,000, with those calls going unanswered.

This year, the top Democrat in the U.S. Senate is taking the charge.

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By on September 30, 2014

CFPB - Consumer Financial Protection Bureau Sign

The hammer has fallen on captive automotive lenders, such as GM Financial, Ford Motor Credit and Toyota Financial Services: The Consumer Financial Protection Bureau began officially asserting its authority over them as the feds and the lenders battle over allegations of discrimination in the latter’s loan products.

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By on September 30, 2014

2014-chevrolet-corvette-stingray-convertible-red-front-end-in-motion-05

Not too long ago, General Motors brought comfort to many a new 2015 Corvette Stingray owner with a feature that would do for them what teddy-bear cams did for concerned parents, recording audio, video and vehicle data when the key was given to the valet. Alas, the spyware could land the owner in legal hot water in a dozen states, to say the least.

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By on September 29, 2014

home-charger-leviton-620

Should you one day find yourself heading off to make a new life in California, and you own a plug-in vehicle, your home or apartment will already have the minimum infrastructure needed to install a charging port.

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By on September 26, 2014

Mercedes SL With R134a

After months of investigation regarding the German government’s support of Daimler’s continued use of R134a — in violation of a law mandating use of refrigerants “with a global warming potential no more than 150 times that of carbon dioxide” — the European Commission has given Germany two months to comply with the law, or be fined and taken to court.

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By on September 25, 2014

SEC - Securities and Exchange Commission HQ

It took four years, but the Securities and Exchange Commission has put the final touches on a rule regarding asset-backed securities — including auto loans and leases — and what information is given when a company or investor takes on an ABS.

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By on September 25, 2014

mercedes-benz-sls-amg-electric-drive

Should you happen to call Germany home and are shopping for a car, the government would like to offer you free parking, tax exemptions for 10 years, and bus-lane privileges if you purchase an EV, FCV or PHEV.

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