| Transaction Prices Rise |
Jul 7th, 2013 |
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 TrueCar Inc. estimated that the average transaction price for light vehicles in the United States was $31,125 in June.
That is up $147 from May and up $617 from June 2012.
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| CarMax Moves Into New Market |
Jul 7th, 2013 |
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 CarMax Inc. officially opened its first store in Katy, Texas.
The store is more than 21,000 square feet, occupies more than eight acres, employs more than 40 associates and stocks approximately 275 used vehicles.
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| CFPB Issues Supervisory Rule |
Jul 7th, 2013 |
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 The Consumer Financial Protection Bureau (CFPB) has established procedures to bring under its supervisory authority certain nonbanks whose activities it has reasonable cause to determine pose risks to consumers.
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| DLX Auto Names Vice President |
Jul 7th, 2013 |
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 Datalogix has hired Stephen Dooley, a longtime automotive industry sales leader, as vice president of client partnerships for DLX Auto.
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| MT Video Week In Review: Ute on the ‘Ring, SLS vs Viper, In-Car With Sebastien Loeb |
Jul 7th, 2013 |
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This week’s video roundup may be short, but it’s got a bunch of compelling video content sure to please any gearhead. First off, we start off with footage of the Holden VF SS V Redline Ute taking a lap around the Nürburgring, complete with play-by-play commentary along the way. Ignition’s Carlos Lago tests the new [...]
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| B-Segment Jeep, Fiat SUVs to Be Built in Italy |
Jul 7th, 2013 |
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Chrysler was the ailing party when Fiat came to the company’s rescue as part of the 2009 restructuring, but now, the tables have turned, with Chrysler accounting for a significant part of the partnership’s revenue and profits. Because of record-low new car sales in Europe, many of Fiat’s European plants are operating below peak capacity. [...]
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| Last BMW M3 Coupe Ever Rolls Off Line In Germany – Does M4 Sound Right? Poll |
Jul 7th, 2013 |
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After more than 25 years, the production run of the hailed, beloved and legendary BMW M3 coupe is finally coming to an end. The Fear not, bimmerphiles, there will be a 3 Series based two-door M-model…sort of. BMW has already announced the new F32-series compact coupe will be henceforth known as the 4 Series, therefore [...]
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| More Deaths Expected in Canada Oil Train Explosion |
Jul 7th, 2013 |
Many people remain missing in Canada's Quebec province, a day after a train carrying crude oil hurtled off track and exploded in the center of a town, destroying dozens of buildings and killing at least one ...
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| Buy only ‘humble’ cars Pope Francis tells future priests nuns |
Jul 7th, 2013 |
Seminarians and novices attend a Mass celebrated by Pope Francis, not pictured, in St. Peter’s Basilica at the Vatican, Sunday, July 7, 2013. The pope urged them to remember their vows of poverty, and told them he feels bad when he sees a priest or a nun with the latest car model. AP PHOTO/RICCARDO DE LUCA VATICAN CITY--Pope Francis on Saturday said Catholics should not be afraid of ...
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| New-car bargains for the college set |
Jul 7th, 2013 |
The best car for a college student is a 10-year old, used Toyota Corolla or Honda Civic with 150,000 miles on Odo. They are dirt cheap to buy, reliable, easy to fix and maintain. And for the college student with a bit more money, you can add some performance tuning, or car bling to make it stand out from the millions of other Toyotas and ...
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