| UPDATE 1-Chrysler invites IPO pitches leaves door open to Fiat buyout |
Mar 7th, 2013 |
Thu Mar 7, 2013 2:28pm EST By Soyoung Kim and Arno Schuetze and Philipp Halstrick NEW YORK/LONDON, March 7 (Reuters) - U.S. carmaker Chrysler has asked banks to pitch next month for a mandate to run ...
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| Bill to boost auto research reintroduced |
Mar 7th, 2013 |
Washington - Two Michigan members of Congress introduced legislation seeking to authorize new funding for vehicle research - the third time since 2009.U.S. Sen. Debbie Stabenow of Lansing and U.S. ...
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| Next-Generation Mercedes-Benz Vans to Feature Crosswind Assist, Lane Keeping Assist, and Blind Spot Assist |
Mar 7th, 2013 |
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The utility and cargo van segment has quietly become very competitive with the likes of the Nissan NV, Ford Transit van, Ram ProMaster, and Mercedes-Benz Sprinter. Both the Transit van and ProMaster are recent editions to the segment, joining the Sprinter and NV vans. In an attempt to separate itself from the rest of the [...]
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| Barking Up the Right Tree: Subaru Partners with Center for Pet Safety to Make Dog-Friendly Car Harness |
Mar 7th, 2013 |
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It’s no secret that Subaru has a huge owner base with dog-loving, outdoorsy people. Those owners love their dogs as they do any other family member, taking them everywhere with them. Yet, they don’t always have the same protection a human passenger enjoys. Subaru, partnering with the Center for Pet Safety, is itching to fix [...]
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| 2013 Honda Civic Sedan and Coupe are First Compact Cars to Earn IIHS Top Safety Pick+ Award |
Mar 7th, 2013 |
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Everyone likes a good comeback story. When the 2013 Honda Civic emerged redesigned after just one year on the market, most of us were expecting some nicer interior materials and some sound deadening. Honda didn’t just settle for on-the-surface improvements, however, and it shows. With new structural bracing that was added for the refresh, the [...]
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| Mitsubishi GR-HEV Concept: Technically a Pickup, Subjectively Something Else Altogether [2013 Geneva Auto Show] |
Mar 7th, 2013 |
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When Mitsubishi first previewed this GR-HEV concept ahead of the 2013 Geneva auto show, we were intrigued by its diesel-electric hybrid powertrain. Now that the sheets have been pulled back, we’re still curious, but by golly the thing’s ugly. But like momma says, it’s what’s on the inside that counts—good thing, because outwardly, this pickup [...]
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| Jags, MGs, Lotuses, and The Prince of Darkness: British Cars In the 24 Hours of LeMons |
Mar 7th, 2013 |
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We love AMCs in LeMons, and we love big fat luxury cars and backwards-driving pickup trucks, too. Sometimes, though, the sight of a British car in a 24 Hours of LeMons race makes us the happiest of all. Let’s take a look at some of the LeMons machinery that hails from Old Blighty! One of [...]
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| Auto Arbitration Program Fills State Coffers |
Mar 7th, 2013 |
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 The Massachusetts Office of Consumer Affairs' Lemon Law program accepted 61 complaints into the new and used car arbitration program in 2012, which resulted in more than $387,000 in awards and settlements to consumers.
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| More Consumers Find Jobs |
Mar 7th, 2013 |
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 Private sector employment increased by 198,000 jobs from January to February, according to the February ADP National Employment Report.
The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally- adjusted basis.
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| New Car Terms Hit High; Used Terms Flat |
Mar 7th, 2013 |
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 Experian Automotive released data that shows average loan terms for a new vehicle in the fourth quarter jumped to an all-time high of 65 months, up from 63 months in the fourth quarter of 2011. Terms for used vehicles stayed flat at 60 months.
Findings from the State of the Automotive Finance Market analysis showed that the average interest rate for new and used vehicle loans dropped in Q4, and average monthly payments dropped versus the same time period in Q4 2011.
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