Crossover Utility Vehicles Expected to Play Significant Role at Detroit Auto Show
In January, the North American International Auto Show is expected to be flooded with downsized crossover-utility vehicles. These displays will include the Honda Urban SUV Concept, Lincoln MKC, and BMW X1. As fuel prices nudge up, small cars are rapidly gaining ground. B- and C- segment models have jumped from 13% of overall US models […]
Government Selling 40% of Shares to GM and Rest of it in Next 12-15 Months
GM’s $49.5 billion bailout looks like it will be coming to an end in the next year or so, with the US government planning to sell 40% of its stock by the end of the year and the rest it within 12 to 15 months. GM is buying back 200 million shares from the Dept. […]
Watch Out for Car Thieves on New Year’s Eve and Day
A new study from National Insurance Crime Bureau says that the final week of the year is one of the riskiest when it comes to getting your car stolen. The good news is Christmas Day isn’t bad; in fact, it had the lowest total number of vehicles stolen in the US on a single day […]
NHTSA Thinks Data Recorders Are Essential to Auto Safety
National Highway Traffic Safety Administration officials think “black box” vehicle onboard data recorders are essential for highway safety. NHTSA Administrator David Strickland opposed on/off switches that could allow motorists to turn off event data recorders, saying it would be a “horrible thing for safety.” NHTSA would like to see all vehicles built after September 2014 […]
GM Putting Out Sweet Deals this Month on Silverado and Sierra Pickups
December is a good time to buy Chevrolet Silverado and GMC Sierra pickup trucks after they’ve piled up on dealer lots. GM is matching or beating discounts from rival Ford and Chrysler pickups this month. This follows November when GM reduced incentives and truck buyers went looking for better dealers elsewhere. The Detroit 3 have […]
