While off-lease vehicles with higher residual values can be perplexing for dealers, lessees should consider buying them rather than just turning them in. A leaseholder could buy the car and save as much as $3,500 in the transaction, says Phillip Reed, senior consumer advice editor at Edmunds.com.
While many suppliers are developing their own methods of offering consumers various means of staying connected while driving, TRW has no plans to be one of them. TRW is a $14.4 billion supplier dedicated to airbags, seatbelts, brakes and other safety technologies and takes a dim view of drivers who use cell phones or send text messages while they are behind the wheel.
Britain's JATO reported that European sales of electric cars totaled 5,222 in the first half of 2011, up from just over 500 in the same period of 2010. As new regulations force European car manufacturers to offer drastically improved fuel consumption, will car makers be forced to produce massive and expensive fleets of electric vehicles or dramatically improve the internal combustion engine?
The Insurance Institute of Highway Safety reports that fatalities from SUV-car crashes are only about one-third as prevalent now as they were 10 years ago. A decade ago, IIHS found that collisions between cars and SUVs weighing 3,000 to 3,499 pounds resulted in 44 deaths for each million registered vehicles. Between 2008 and 2009 that number had fallen to 16 fatalities per million vehicles. New designs and safety features are credited with making the difference.
A new consumer study says the Kia Forte leads the industry in terms of owner loyalty. With a loyalty rate of 49.6%, Hyundai is now tops in corporate loyalty, edging out GM and Ford. GM came in second at 48.1%. Ford was third but took six of the Top 10 spots in terms of loyalty to specific products.