As auto financing continues to accelerate so are investigations into the practices of the industry’s lenders and the add-on products they offer on new and used vehicles to boost profits, such as extended warranties.
Daily Archives: May 5, 2013
Opel to cut CO2 by 27% with new powertrains
General Motors subsidiary Opel/Vauxhall says new powertrains will cut its average CO2 output 27 percent by 2020, helping the automaker comply with tougher EU emissions regulations.
Dealing with “Stranded Energy” in Crashed EVs
Every day there are more electric vehicles (EVs) on the road. With them comes an increasing likelihood that roadside assistance providers will encounter situations involving crashed EVs.
Toyota’s 10 million unit plan: Common parts, r&d
Toyota Motor Corp. President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. He stated “If you compare it to soccer, it’s like changing the field formation. As the head coach, I have changed us from a defensive formation to an offensive one.”
The strategy will help boost Toyota’s global sales beyond 10 million units a year. In 2007, Volkswagen Group CEO Martin Winterkorn set a similar goal for the group — 10 million sales by 2018.
U.S. NHTSA probe Dodge Viper for suspension problem
U.S. auto safety regulators are investigating complaints that a rear suspension part can fail on the iconic Dodge Viper muscle car.
