July 30, 2011 |
The government will require new cars and trucks to meet a fleetwide average fuel economy standard of 54.5 miles per gallon by 2025. Fat chance. Many motorists know they can't expect to get the mileage they see on the window sticker if they drive too fast or don't keep the car in optimal condition. But what most of them don't know is even if they do drive like highway saints, they still won't get the Environmental Protection Agency-rated results. Under rules announced Friday, tough new mileage standards will be phased in starting in 2017.
November 15, 2011 |
More than 40 vehicles will be unveiled at the 2011 L.A. Auto Show, many of them for the first time in the United States. Ford is leading the pack by introducing four new vehicles at the show, which opens to the press on Wednesday and Thursday. The Dearborn, Mich., automaker will release the next generation of its Escape SUV, Focus sedan, and a five-door Fiesta concept car. Among the eco-friendly and fuel-efficient vehicles that the public...
July 27, 2012 |
The economic news remains mixed, but that hasn't slowed car buyers down in July. With another weekend to go, industry analysts say sales remain comparatively strong and it is consumers who are fueling the industry. No, this isn't the roaring market of a decade ago, but it is healthy by post-recession, sluggish-growth standards. Market research firm J.D. Power & Associates estimates that retail sales of new vehicles will reach about 969,200 units this month. Although that's a slight dip from June, it still represents an 18% gain from a year earlier.
March 23, 2012 |
Automakers, already off to a strong start this year, look to log another big sales month in March. Auto information company Kelley Blue Book said it expects U.S. new cars sales to top 1.4 million in March for an annualized selling pace of 14.6 million. That would make this month the best March for auto sales since 2007. The month is traditionally strong as consumers use their tax refunds for car purchases, Kelley said. Its analysts are noticing an especially high demand for fuel-efficient models because of the recent run-up in gas prices.
September 3, 2011 |
The documentation fees auto dealers charge car buyers will go up by at least $25 if a state bill that has passed in both houses of the California Legislature is signed by Gov. Jerry Brown. AB 1215, by Assemblyman Bob Blumenfield (D-Woodland Hills), passed the state Assembly with a 67-4 vote Friday after a state Senate vote of 30-4 on Tuesday. Under the bill, auto retailers will be able to raise the documentation fees charged for processing purchases and lease agreements to $80 from $55 for new- and used-car purchases and from $45 for car leases.
February 1, 2013 |
The national economy remains sluggish - but don't tell the auto industry. Auto sales showed surprising strength in January, with all three domestic manufacturers - General Motors Co., Ford Motor Co. and Chrysler Group - reporting double-digit percentage gains. Toyota Motor Corp. and Honda Motor Co., the two biggest Japanese brands, also posted strong sales. Overall, the industry sold more than 1 million vehicles in January, a 14.2% gain over the same month a year earlier, according to Autodata Corp.
October 9, 2010 |
A proposal that would have allowed California car dealers to sharply increase fees charged for processing auto purchases and lease agreements has died. The plan was being promoted by state Sen. Alex Padilla (D- Pacoima) as a so-called trailer bill to the state budget. That status would allow the proposal to become law without going through a legislative subcommittee and a public hearing. But a spokesman for the lawmaker said he decided "not to move forward with the proposal.
September 4, 2011 |
Vortech Engineering Inc. has built a business helping drivers satisfy their need for speed. The Oxnard company manufactures superchargers that force more air into an automotive engine, providing a boost of additional horsepower. The firm has built a loyal following among young gear heads and professional racers who love giving their rides some extra muscle. "It makes a little engine behave like a big engine," said Vortech's founder and president, Jim Middlebrook. To some aficionados, the sound of the supercharger spooling up "is what you hear first.
November 18, 2010 |
Rival Japanese automakers Toyota Motor Co. and Honda Motor Co. unveiled prototypes of upcoming electric cars as alternative-fuel vehicles took center stage Wednesday at the start of the Los Angeles Auto Show. Amid buzz about General Motors Co.'s multibillion-dollar initial public offering, major automakers scrambled to show off their latest electric car offerings to hundreds of reporters gathered for a preview of the annual event at the Los Angeles Convention Center. The show opens to the public on Friday.
June 8, 2013 |
When the tires on their Dodge Caravan had worn so thin that the steel belts were showing through, Don and Florence Cherry couldn't afford to buy a new set. So they decided to rent instead. The Rich Square, N.C., couple last September agreed to pay Rent-N-Roll $54.60 a month for 18 months in exchange for four basic Hankook tires. Over the life of the deal, that works out to $982, almost triple what the radials would have cost at Wal-Mart. "I know you have to pay a lot more this way," said Florence Cherry, a 57-year-old nurse who drives the 15-year-old van when her husband, a Vietnam veteran, isn't using it to get to his job as a prison guard.