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German Chancellor Angela Merkel, facing elections in less than two weeks, warned the EU against imposing tough environmental targets on German luxury carmakers. Merkel, speaking at the Frankfurt auto show on Thursday, blocked a deal in June that would have set Europe’s car industry an ambitious target to reduce CO2 emissions.
The Federal Trade Commission is investigating whether dealers colluded to hurt TrueCar Inc. in 2011 and 2012 over vehicle price competition fostered by the online shopping site.
Scott Painter: “I want to make this clear: We didn’t ask for it (the investigation), and we knew nothing about it.”
The company might not have produced a car in over a year, but the struggling firm is still yet to declare bankruptcy too, as it sits in some kind of automotive hibernation until an investor or buyer can be found. Hands up all those of you who’d forgotten that Fisker Automotive still exists?
Hennessy Industries, Inc., manufacturer of Coats wheel servicing equipment, is launching the “Lights, Camera, Coats” contest in an effort to encourage customers to send video testimonials about why they trust the brand for wheel servicing needs.
In the aftermath of the Great Recession, American motorists are hanging onto their cars longer – and with the rising cost of repairs to keep those vehicles on the road, the Service Contract Industry Council (SCIC) says there’s never been more reason to get a service contract and dramatically reduce repair costs.
