| FTC approves single label for alternative vehicles |
Apr 18th, 2013 |
Washington - The Federal Trade Commission is eliminating its own fuel economy labels as it requires automakers to disclose comparative driving range performance for alternative fuel and convention gasoline for some advanced vehicles.The FTC has required special labels for alternative fuel vehicles that run on mostly ethanol, hydrogen, compressed natural gas and electric vehicles since 1995.FTC ...
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| Report Fisker allowed to draw on U.S. loan after default |
Apr 18th, 2013 |
Fisker Automotive Inc., the maker of luxury plug-in cars, was allowed to keep using money from a U.S. Energy Department loan after violating its terms multiple times, according to a research report.The Energy Department, which gave Fisker a $529 million loan in 2009, knew by December 2010 that the carmaker wasn't meeting milestones required to keep drawing taxpayer funds, according to a ...
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| Track War: Project 370Z vs. Modified 1970 Datsun 240Z |
Apr 18th, 2013 |
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Stirring its fan base, Nissan asked fans to help create the ultimate Nissan 370Z track car. But once built, the need for a competitor was obvious. After receiving countless suggestions, Nissan narrowed it down to three options and let fans decide what car would take on the Project 370Z car. Which car won the right [...]
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| One Millionth Ford Mustang Rolls Off the Assembly Line at Flat Rock Facility |
Apr 18th, 2013 |
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It only took 49 years, but the one millionth Ford Mustang, a GT convertible, rolled off the assembly line at the Blue Oval’s Flat Rock, Mich. assembly facility earlier today. Prior to Flat Rock, the Mustang was assembled in Dearborn, Mich., the same town where Ford’s World Headquarters are based. Before the Mustang made Flat [...]
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| Wholesale Prices Move Higher |
Apr 18th, 2013 |
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Wholesale used vehicle prices rose seasonally but fell annually in March.
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| ABC Expands into Louisiana |
Apr 18th, 2013 |
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Auction Broadcasting Co. has begun construction of its all new ABC Baton Rouge facility in Louisiana.
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| Company Names Best Value List |
Apr 18th, 2013 |
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USAA, a financial services provider, unveiled its third-annual Best Value vehicles list naming the top 2013 automobiles offering affordability, safety and reliability.
It also listed its top cars for teens.
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| Wholesale Prices Peak in March |
Apr 18th, 2013 |
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Wholesale prices for used cars and light trucks reached their annual peak in March, says the NADA Used Guide in its April edition of Guidelines.
Prices for used vehicles up to 8-years-old increased by 1.2 percent in March, substantially less than the 3-percent increase recorded for the month last year.
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| GE Capital Targets Recalls for Safety |
Apr 18th, 2013 |
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GE Capital Fleet Services announced a first-of-its-kind agreement with Carfax, a vehicle history provider, to develop real-time reporting for fleet managers detailing safety recalls not yet performed on vehicles within their fleets.
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| Imports Dominate TrueCar.com Scorecard |
Apr 18th, 2013 |
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Subaru, Toyota and BMW topped the list in TrueCar.com’s Performance Scorecards for March.
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