
Hyundai and Kia said Monday they have reached a settlement in class-action litigation over inflating the fuel economy claims for their vehicles.

Hyundai and Kia said Monday they have reached a settlement in class-action litigation over inflating the fuel economy claims for their vehicles.
As part of the Bipartisan Budget Act, President Barack Obama has signed the US-Mexico Transboundary Hydrocarbons Agreement into law.
The agreement establishes a framework for US offshore oil and gas companies and Mexico’s Petroleos Mexicanos to jointly develop transboundary reservoirs.

According to the AutoTrader.com 2013 Certified Pre-Owned (CPO) Study, conducted by Morpace, CPO consideration for new car shoppers is approaching levels seen for used car shoppers, but their overall familiarity with specific aspects of CPO programs has dropped considerably.

Mercedes-Benz has announced a strategic partnership with Pebble Technology in the run-up to the 2014 International CES, the largest consumer electronics show in the world.

By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Hybrids are expected to account for about half of global new-car sales by 2040.