Category Archives: Useful Information

Hyundai, Kia reach $400-million settlement over inflated MPG claims

Hyundai, Kia reach $400-million settlement over inflated MPG claims

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

US-Mexico Transboundary Hydrocarbons Agreement enacted

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.

more shoppers consider pre-owned vehicles

more shoppers consider pre-owned vehicles

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 partners with smart watch company Pebble Technology

Mercedes-Benz partners with smart watch company Pebble Technology

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.

ExxonMobil Outlook for Energy: A View to 2040

ExxonMobil Outlook for Energy: A View to 2040

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.