| Ford EcoSport Crossover Not Planned for U.S. – Should it Come? |
May 30th, 2013 |
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The Ford EcoSport isn’t coming to the U.S. anytime soon Jim Farley, Ford executive vice president of global marketing, said this week. The subcompact crossover will, however, be sold in 62 countries by 2017, The Detroit News reports. Farley added that those plans could change if demand for subcompact crossovers increases in the U.S. Until [...]
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| Honda heats up EV battle with reduced lease price |
May 30th, 2013 |
muddied the waters when it used tortured logic and financing agreements to come up with a $500-per-month price for the Model S, but Honda sets out to clear things up with its own simple lease plan for ...
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| Nissan issues vehicle recall |
May 30th, 2013 |
Nissan Motor Company Ltd. recalled over 841,000 cars with steering wheel bolt issues in May 2013. Consumers in different parts of the United States, including Ohio, were asked to take their vehicles to Nissan dealerships to be repaired. The company asked consumers to bring in certain Micra compact cars made in Great Britain and Japan from 2002 to 2006. Nissan recalled vehicles in North America, ...
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| 10 Cities With The Greenest Cars |
May 30th, 2013 |
The San Francisco metropolitan area (including Oakland and San Jose) boasts the highest concentration of hybrid and full-electric cars according to R.L. Polk & Co. data, with hybrids accounting for 9.4 percent and electrics representing 0.52 percent of all vehicle ...
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| 13 House Dems want details on auto lending review |
May 30th, 2013 |
Washington Thirteen House Democrats want the Consumer Financial Protection Bureau to disclose more details about its investigation into auto lending practices. The bureau, created by Congress as part of the Dodd-Frank financial reform bill, has been investigating major auto ...
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| Price War Honda slashes lease rate on Fit electric |
May 30th, 2013 |
Honda is slashing the lease price of the electric version of its Fit small car in order to try to get a leg up in the price wars. Now Fit will lease for $259 a month, down from $389 a month, over three ...
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| Fitch Affirms Nissan Auto Lease Trust 2011-A |
May 30th, 2013 |
Balance of U.S. CMBS in Special Servicing Drops to Four-Year Low The balance of U.S. CMBS loans in special servicing dropped below $70 billion for the first time since 2009 and is now less than 10% of total outstanding CMBS, according to the latest quarterly index results from Fitch Ratings. Tempering the optimism, however, is the increased amount of time a CMBS loan is staying in special ...
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| Electric Cars Face Obstacles Study |
May 30th, 2013 |
Consumer scepticism and infrastructure failings are likely to hamper the sale of electric cars for some time to come. That is the conclusion of the Electro-mobility Index study published in Germany by Roland Berger Strategy Consultants and an automotive research institute based at Aachen University. Experts say manufacturing all-electric cars is still not an attractive financial proposition ...
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| Tesla promises to add charging stations |
May 30th, 2013 |
DETROIT (AP) - Electric car maker Tesla Motors Inc. is promising to boost the number charging stations during the next year so its customers can drive across North America. The company says it will triple the number of charging stations from the current eight by the end of next month. Next year, it expects to have about 100. That would let owners of its $70,000 Model S sedans travel from Los ...
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| NHTSA Maps Strategies for Driverless-Car Safety |
May 30th, 2013 |
A new policy announced today by the National Highway Traffic Safety Administration is intended to steer driverless cars in the safest possible direction. The policy defines the different levels of vehicle automation and summarizes plans for research to ensure safety issues are examined. It also issued safety recommendations to states that have already authorized self-driving vehicles for test ...
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