| Report: Porsche Macan Compact Crossover to Debut at L.A. Auto Show |
May 30th, 2013 |
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It’s no secret that Porsche has been planning a compact crossover to slot beneath the Porsche Cayenne for some time. It’s also no secret that it’s going to be called the Porsche Macan, named after a kind of tiger instead of a pepper. We’ve seen prototypes testing for some time, yet Porsche has been silent [...]
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| Honda Cuts Lease Price on 2013 Fit EV; No, You Still Can’t Buy One |
May 30th, 2013 |
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We have to admit it, we really like the 2013 Honda Fit EV, the all-electric subcompact hatch only available in a handful of dealerships. Today, we got a bit of good news and a some even better news. Out here in California, you can walk to your Honda dealer and get one; same with Oregon [...]
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| Cheap(er) Fit EV: Honda Lowers the Lease Price to $259 per Month |
May 30th, 2013 |
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Beginning June 1, Honda will reduce the cost of its lease-only Fit EV from $389 per month to $259 per month. This new pricing will apply not just to new customers but also to those who are currently leasing a Fit EV. The new three-year leases will require no down payment or acquisition fee, and [...]
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| GM Pondering Silverado/Sierra Variants, Including Raptor Fighter (Plus Design and Diesel News) |
May 30th, 2013 |
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As General Motors preps for the market launches of the 2014 Chevrolet Silverado and GMC Sierra, the brands are pondering whether to offer variants to compete with the Ford F-150 SVT Raptor. Such a model could focus on off-road capability—thereby directly fighting SVT’s bruiser—or it may be a more performance-oriented model similar in philosophy to [...]
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| Following Coda and Fisker, Spring of EV Carnage Claims Israeli Startup Better Place [Analysis] |
May 30th, 2013 |
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Better Place, the Israeli startup with a drive-in, swap-out system for electric-car batteries, filed for bankruptcy earlier this week. On the back of a napkin, the company’s concept made some sense: Instead of recharging an electric car’s batteries while the driver waits, use an automated system to remove a depleted battery pack and replace it [...]
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| 2015 Toyota Prius Spied: It’s What’s Under the Covers That Counts |
May 30th, 2013 |
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What It Is: The 2015 Prius traversing Los Angeles surface streets with every last inch of sheetmetal obscured and looking a bit like a cloth-skinned armadillo. Even the wheels are covered. It’s been some time since we’ve seen a test mule wearing fabric cloaking this extensive, which indicates to us the exterior styling is either [...]
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| Number of Carless Americans on the Rise |
May 30th, 2013 |
Last year, more American households went without a car. It’s a trend that started in 2007, and one that could make fleet sales even more important in the future.
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| Older Car Buyers More Important to Industry, Study Says |
May 30th, 2013 |
The University of Michigan's Transportation Research Institute found middle-aged car buyers were 15 times more likely to buy new vehicles than 18-to-24-year-olds.
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| KBB: Full-Size Cars in Trouble |
May 30th, 2013 |
Compact crossovers fueled industry sales in April, while full-size cars continued to lose market share as consumers turned to mid-size sedans.
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| NADA Chairman: ‘CFPB Guidance Lacks Transparency and Research’ |
May 30th, 2013 |
The 2013 chairman calls out the CFPB for not demonstrating that problems exist with dealer participation programs, and questions the bureau’s use of the disparate impact theory.
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