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Whats a Cabin Air Filter and When Should You Replace It  May 2nd, 2013 

The cabin air filter, a feature found on most late-model vehicles, cleans the air that comes into the interior through the heating, ventilation and air conditioning system. It catches dust, pollen and other airborne material that can make riding in a car unpleasant, particularly if you have allergies or other respiratory problems. Recommendations on when it should be replaced vary by ...  
 
 
2013 BMW 135is Video  May 2nd, 2013 

espouses the delights of the small and sporty. Cars.com reviewer Mike Hanley says the performance coupe's "back-to-basics" approach makes for some fun, road-hugging driving. The 135is' 320-horsepower V-6 provides impressive quickness while its sport suspension connects drivers to the terrain without bombarding them with ...  
 
 
Peugeot restructuring plan faces in-depth EU antitrust probe  May 2nd, 2013 

PSA Peugeot Citroen, Europe's second- largest automaker, faces an in-depth European Union probe into whether 7 billion euros ($9.2 billion) in French government bond guarantees are in line with antitrust rules.The European Commission will determine whether the aid would hurt competition and if planned job cuts and a factory closing will restore the company's long-term financial ...  
 
 
UPDATE 2-French car sales decline slowed in April  May 2nd, 2013 

Thu May 2, 2013 12:54pm EDT PARIS May 2 (Reuters) - France's car sales decline slowed down in April to a 5.2 percent drop, data published on Thursday showed, raising hopes that demand may be about to stabilise. April registrations fell to 157,859 cars last month, the Paris-based CCFA industry association said, with sales for the first four months down 12.3 percent. The slump in demand slowed ...  
 
 
Cadillac Takes Self-Driving Tech to the Streets  May 2nd, 2013 

Cadillac has tested its semiautonomous technology, Super Cruise, on closed courses and driving simulators, and now it could be coming to an interstate near you. Not for public use, of course -- the technology won't be that far along until at least later this decade -- but to take testing to the next level on real-world roadways. The automaker said that by the time testing is complete, ...  
 
 
Italy new car sales fall 10.83 percent in April - ministry  May 2nd, 2013 

MILAN | Thu May 2, 2013 12:22pm EDT MILAN May 2 (Reuters) - New car sales in Italy, Europe's fourth-largest car market, fell 10.83 percent in April from the same month a year ago to 116,209 vehicles, Italy's Transport Ministry said on Thursday. In March, car sales in recession-hit Italy plunged 4.9 percent, adding to a decline for all of 2012 of 19.8 percent. Automakers are ...  
 
 
Abbotsford street racers caught cars impounded  May 2nd, 2013 

5/2/2013 Two young men from Abbotsford are without wheels today after getting caught speed-racing. Police spokesman Const. Ian Macdonald says two Hondas were spotted taking off along a stretch of Mount Lehman Road last night. An officer tracked them down at Peardonville Road. One car was pulled over, the other in the ditch. "He wasn't providing us with a lot of detail last ...  
 
 
Brazils April auto sales climb and raise industry hopes -source  May 2nd, 2013 

Thu May 2, 2013 11:10am EDT * New registrations climb to best April ever - source * Average daily sales above 15,000 for first time in 2013 SAO PAULO May 2 (Reuters) - Car and truck sales in Brazil climbed in April to a record for the month, according to a source with access to registration data, as recovering demand raised hopes that carmakers could shake off an uneven first quarter. Brazilian ...  
 
 
General Motors net profits fall 14pc in first quarter  May 2nd, 2013 

DETROIT - Net profit of US automaker General Motors Co. declined 14 per cent to $865 million in the first quarter of 2013, as it earned less money than a year ago in the surging North American car market while results in Europe suggest that cost cuts are starting to offset declining industry wide sales, which are heading toward 20-year lows. Announcing its 2013 first quarter results, GM said ...  
 
 
Fitch Expects to Rate Santander Drive Auto Receivables Trust 2013-3 Presale Issued  May 2nd, 2013 

European High-Yield Record Q113 Issuance In the latest edition of its quarterly European High-Yield (EHY) chart book, Fitch Ratings says that Q113 marked a record quarter for new issuance in the EHY market, an indicator that 2013 may be a year of further growth potential for the asset class. Developed market non-financial corporates issued EUR28bn in new bonds, taking advantage of record low ...  
 
 
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