| Base Mini Paceman and Countryman Models Get All-Wheel Drive, but Not in U.S. |
Jun 5th, 2013 |
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When we saw this morning that the Mini Countryman and Paceman Cooper crossovers would be getting optional all-wheel drive for the first time, we actually kinda sorta got excited about it. In the U.S., the base Mini Paceman and Countryman have always had just front-wheel drive. If you wanted an All4 model, you’d have to [...]
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| NHTSA Investigates GM for Possible Airbag Defects |
Jun 5th, 2013 |
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The National Highway Traffic Safety Administration is opening an investigation to see if General Motors should recall 400,000 vehicles for defective airbags. This is in conjunction with previous recalls in October 2012 and January 2013, which addressed electrical connector defects in 2012 Chevrolet Cruze, Camaro, and Sonic models, as well as the Buick Verano. From [...]
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| 2013 Nissan Pathfinder Road Test |
Jun 5th, 2013 |
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We like you, Pathfinder. Just...not in that way.
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| Vehicle Leasing, Subprime Loans Increase |
Jun 5th, 2013 |
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 Experian Automotive reports that new vehicle leasing rose by 12.5 percent to achieve the highest level since it began tracking the data in 2006.
According to its State of the Automotive Finance Market report, leasing accounted for a record 27.5 percent of all new vehicles financed, up from 24.4 percent in the first quarter of 2012.
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| Paper Buyer Adds Execs |
Jun 5th, 2013 |
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 SFG Finance LLC has added three industry veterans to its team. Adrienne Schlitz has joined as senior vice president and manager of acquisitions; Mike Anderson has been named senior vice president and manager of loan servicing and Brad Adams has become vice president of business development.
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| FTC, CFPB Look at Debt Collection |
Jun 5th, 2013 |
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 The Federal Trade Commission and the Consumer Financial Protection Bureau will co-host a roundtable June 6 to examine the flow of consumer data throughout the debt collection process.
The event will bring together consumer advocates, credit issuers, collection industry members, state and federal regulators and academics to exchange information on a range of issues.
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| Drivers Develop Relationships with Cars |
Jun 5th, 2013 |
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 AutoTrader.com recently conducted the "Automotive Relationship Survey" to determine the emotional reasons why it now takes longer than ever for consumers to break up with their cars.
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| We flog three top performers on the track: Video: Lapping GingerMan in the SRT Viper, Ford Focus ST and Porsche Cayman S |
Jun 5th, 2013 |
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We hit Michigan's GingerMan Raceway with the 2013 Ford Focus ST,
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| U.S. Treasury to Sell 30 Million More Shares of GM Stock This Week |
Jun 5th, 2013 |
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The U.S. Treasury Department has announced its intention to sell 30 million additional shares of General Motors stock this week, while the UAW Retiree Medical Benefits Trust will sell 20 million shares. The 50 million shares of GM common stock are being offered just as GM enters the Standard & Poor’s 500 (S&P 500) Index [...]
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| Videos: Lexus LFA Gets a Tribute, Takes Paul Walker for a Ride |
Jun 5th, 2013 |
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Although another Lexus LFA will never be produced, that doesn’t mean it can’t live on forever. The Japanese automaker has released a new video that pays tribute to the carbon fiber supercar, with another video showing Fast & Furious franchise star Paul Walker, taking an LFA for a ride around Willow Springs. The LFA helped [...]
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