Latest Industry News

WASHINGTON — The U.S. Environmental Protection Agency and California Air Resources Board on Friday announced approval of a fix for about 84,000 older Volkswagen diesel vehicles that can emit excess emissions.

Volkswagen, the world’s largest automaker, agreed last year to offer to buy back up to 475,000 2.0-liter diesel vehicles that had been sold in the U.S. or offer fixes if regulators approved.

Friday’s announcement covers a fix for 84,390 2012-2014 Passat diesel vehicles with automatic transmissions. A fix for vehicles with manual transmissions has not yet been approved.

In January, regulators approved a fix for 67,000 2015 model diesels, leaving around 325,000 older vehicles still awaiting approval for a fix.

VW spokeswoman Jeannine Ginivan said the automaker is pleased that it has received regulatory [...]

Have you ever met a hard-working criminal? Here’s one. He is, in the British vernacular, a yob, a pillock, a prat. But you’ve got to credit his persistence.This video, shot out a car’s back window, shows this guy attempting to steal a $2,200 Mekk Primo racing bike off a car rack. The thing is, the car is moving.

First, he gives it a try, but the light changes and the car drives off on Tower Bridge Road in central London.

He pursues on his own presumably less costly bike, and it’s a dogged pursuit until the car stops once again – and he starts trying to steal the bike once again. He abandons his own bike in the process and keeps risking bike, life and limb before the car drives off for the last time.

The racing bike’s owner is a 24-year-old man named Musa. His girlfriend Chloe, who was driving the car, told [...]

First there was Bond. Now there is Brady.

British ultra-luxury brand Aston Martin signed New England Patriots quarterback Tom Brady to a long-term endorsement deal in which the Super Bowl MVP will be the focal point of a marketing campaign and will “curate” his own Aston vehicle.

The marketing campaign includes an episodic content series, “Category of One,” premiering this year. Brady’s team told Aston Martin that he has had “no prior long-term automotive partnerships.” Brady made a brief cameo in a Dodge Dart television ad in 2012.

“As a long-time fan and driver I am honored to join the Aston Martin team at this special moment in the company’s history,” Brady said in a statement Friday.

The choice of Brady to endorse the brand made famous by James Bond may help Aston break further into the American market.

“I think he’s one of the most significant figures in America today,” said Matthew Clarke, a [...]

US gasoline demand has been weaker than expected this year, but a growing economy and relatively cheap pump prices have the energy industry expecting record demand again this summer driving season, which should help drain the global oil glut.

Gasoline demand in the first two months of 2017 was down 2.1 percent from a year ago, according to the US Energy Information Administration. The US gasoline market accounts for roughly 10 percent of global oil consumption, so American motorists have outsized influence over the global petroleum supply.

Some analysts believe weak gasoline demand and a recent dip in auto sales will keep the global oil glut swollen. Analysts said weak demand may be temporary, due to the weather and other unusual factors. But oil refiners doubt that summer demand will be strong enough to boost their profit margins.

Last year, US gasoline demand hit a record 9.33 million barrels per day. Despite the dip in [...]

One of the Rich Kids of Instagram may never attempt to perform manual labor again after the 2-3 seconds she spent using a puppy to “polish” a rare Maserati. She cast it as a joke, but the Internet wasn’t laughing.

Instagram user m666ya, who is said to be a young, beautiful, wealthy collector of supercars in London – or, she at least has enough access to photograph them and occasionally show herself behind the wheel of one – posted this clip of an extremely cute puppy detailing a limited-edition Maserati MC12, which sells for $1.5 million or $2 million (depending on who’s doing the telling). It got picked up on the Rich Kids account two days ago:

The Maltese puppy is compliant and seems, well, maybe not in distress but probably not having the time of its life, either. And m66ya or whoever is doing the buffing keeps it exceedingly brief.

Some of the reaction [...]

DETROIT — Spy photographers have captured the first public images of Fiat Chrysler’s upcoming midsize pickup based on the Jeep Wrangler Unlimited.The photos indicate that the as-yet-unnamed pickup will get the Wrangler’s design cues and off-road chops.

The pickup is projected to be at U.S. dealerships in 2019. Production is scheduled for the current Jeep Wrangler line at FCA’s Toledo, Ohio, assembly complex after the plant receives a new paint shop next year.

The pickup will follow the redesigned Wrangler SUV, which FCA plans to begin producing in November in Toledo. Both will feature a new fuel-efficient eight-speed automatic transmission and improved aerodynamics.

Show me the Carfax!

All about vehicle history reports

I’ll set the stage…

You’ve finally found the perfect car, after many late night websites searches, numerous email exchanges on with the “internet sales manager,” and then you finally finagled your schedule around enough and you have enough daylight remaining to go check it out…

Ok, now what?

The test drive was good, the salesman seems trustworthy (and didn’t babble the ENTIRE test drive) and the “math” is pretty much what you were expecting, so now what? Instinctively, like second nature you blurt out one of two statements: “do you have a Carfax?”, or the even more annoying catch-phrase: “show me the Carfax!”

I  used the word “Instinctively” on purpose. Carfax the company, spent MILLIONS of dollars on radio and tv commercials, even created the focus group [...]

Nevada has become the seventh state to enact an 80 mph speed limit.

The signs announcing the change started going up on I-80 last week.

It’s the fastest limit allowed in the Silver State since before the national 55 mph limit was established in the 1970s. Prior to that, Nevada let drivers travel at “safe and sane” speeds, which effectively meant there was no limit on some roads.

Nevada joins South Dakota, Wyoming, Montana, Idaho, and Utah, which all have 80 mph limits in sparsely populated areas, while the highest in the land is found on Texas State Highway 130, a privately-operated toll road that connects San Antonio and Austin where you can drive 85 mph.


The higher speed is [...]

One of the strangest joint ventures so far!

At one point Lotus Elans were sold as a Kia

Kia ElanAt one point in the 1990s, a Lotus was sold as a Kia. This is completely true, and I’m not exaggerating anything. During the 1990s, the Lotus Elan was offered in Asian markets as the Kia Elan. It made no changes from the Lotus except a Kia badge on the hood and steering wheel, different taillights and a different engine.

Here’s what happened. In the late 1980s, Lotus came out with a small, front-wheel-drive car called the Elan to complement the brand’s midengine Esprit exotic. Front-wheel drive was new territory for Lotus, but the brand apparently executed it well; many period reviews of the Elan were positive. Nonetheless, it remained a rare vehicle; I was shocked to run across one for sale on Autotrader last week.

When [...]

Buyers Are Borrowing More for Longer Periods

Just because you can finance a new car for 7 years doesn't mean you should!

The size and duration of car loans are swelling right along with the increase in new-car prices, according to credit data expert Experian. In its most recent automotive credit analysis for the final 3 months of 2016, Experian found that the average loan amount for a new vehicle reached an all-time high of $30,621. That’s nearly $3,200 more than 3 years earlier and nearly $1,100 more than the end of 2015. Used car prices are on the rise as well.

To combat escalating prices and keep monthly car loan payments within their budgets, consumers are turning more and more to car loans of longer duration. It’s one of the few options for car buyers on a budget who are determined to drive new.

Coming of [...]
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