| TOTD: Pick a New or Used AWD Four-Door Under $30,000 |
May 22nd, 2013 |
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Finding a car that meets all of our criteria can be difficult. In today’s Thread of the Day, forum user ukfan320 is looking for a new four-door car with all-wheel drive, a dual-clutch transmission with paddle shifters, and preferably a turbocharger for under $30,000. We racked our brains trying to think of something, but there’s [...]
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| Tesla Fully Repays Government Loan Nine Years Early |
May 22nd, 2013 |
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Not long after offering 2.7 million additional shares, Tesla has just announced that the company has fully repaid the Department of Energy loan that wasn’t due until late in 2022. The announcement follows a string of recent company updates, including how Tesla sells and warranties the Model S. Tesla wired $451.8 million to fully repay [...]
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| Bob Lutz’s VL Automotive and Chinese Partner May Buy Fisker |
May 22nd, 2013 |
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There may still be life left in Fisker yet. Bob Lutz’s VL Automotive, makers of the V-8-powered version of the Fisker Karma , is reportedly looking into buying Fisker out of bankruptcy, with the help of a Chinese auto parts supplier. Reuters reports that Lutz’s VL Automotive and Chinese part supplier Wanxiang Group made a [...]
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| Strong Demand: Ford, Chrysler Reducing Summer Breaks |
May 22nd, 2013 |
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Strong demands means shorter summer break.
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| Spotted: Upcoming BMW M4 Testing at Nurburgring |
May 22nd, 2013 |
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Shows off 450 hp, twin-turbo I-6
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| We Hear: 2015 Mazda3 Accidentally Revealed? |
May 22nd, 2013 |
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A slew of new models coming by 2017.
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| Spied! Is This a Next-Gen Toyota Prius Test Mule? |
May 22nd, 2013 |
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Associate online editor Carol Ngo spotted this unknown prototype on her way in to our El Segundo office today. Given the tester’s shape and proximity to Toyota headquarters in Torrance, there’s a strong chance this is the next-gen Prius, which we hear is due in 2015. From the profile view, the tester bears a strong [...]
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| Auto Club of Southern California cuts car insurance rates |
May 22nd, 2013 |
About 1 million customers of the Automobile Club of Southern California will get an average $65 reduction in their annual car insurance premiums, the company and the state insurance department announced ...
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| VW to Retrofit Late-Model Diesel Vehicles to Prevent Misfueling |
May 22nd, 2013 |
Pumping gasoline into the tank of a diesel vehicle can be a costly mistake. To prevent that from happening, Volkswagen of America has issued a service action and will refit 209,500 diesel vehicles in the U.S., according to Automotive News. Affected models are TDI versions of the 2009-12 Jetta, the 2010-12 Golf and the 2009-12 Jetta SportWagen. "As diesel engine passenger vehicles become ...
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| $70M Reduction For Auto Club’s Southern California Drivers |
May 22nd, 2013 |
California Insurance Commissioner Dave Jones and Robert Bouttier, CEO of the Automobile Club of Southern California, announced a rate reduction for Auto Club policyholders in California totaling $70 million. The reduction represents a decrease of 4.1 percent. It is effective for new or renewed policies after July 1. "With the economy still recovering, this significant decrease delivers ...
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