TrueCar.com Brings in GeoCities Leader as New COO
While naming shift in executive officers, with Stephen Hansen as incoming president, TrueCar.com predicts October used-vehicle sales will reach 2,128,613 units, down 31 percent from September but up 8.1 percent from October of 2009.
Wheels New Target of Opportunity for Thieves
Today's high-end wheels can cost more than $1,000 each. Custom rims bring the total up to $2,000 each. At that price, they make an easy and appealing target. Thieves are turning to auto parts instead of the whole car.
Ford Gives Explorer Total Makeover for 2011
Although it was a hot seller in 2000, the Ford Explorer fell out of favor in recent years. For 2011, however, Ford has given the Explorer a fresh makeover, complete with a car-based platform and improved fuel economy.
Better Lease Deals Generate Better than Expected Luxury Car Sales
Luxury car leasing is gaining traction as leasing picks up, some of which could be attributable to better leasing deals and the short supply of used vehicles which some leasers may also have looked at. Best leasing brands include BMW, Lexus and Mercedes.
Ford Unveils Airbags Sewn into Rear Seat Belts
After more than a decade of development, Ford Motor Co. is about to launch the first back-seat safety belts with built-in air bags. They'll be optional, about $395, on the 2011 Explorer SUV available at dealers in December. Ford detailed the bags at an Explorer briefing at its vehicle test center. The bags are sewn inside special safety belts and pop out into sausage-shaped tubes in a crash.
