J.D. Power Buys NADA Used Car Guide
7/2/2015J.D. Power has completed its purchase of the National Automobile Dealers Assn.'s 82-year-old NADA Used Car Guide. Terms were not disclosed.
Critics Say GM Ignition Switch Fund Should Cover More Victims
7/1/2015The high-profile fund that is offering compensation to victims of 2.6 million General Motors Co. ignition switches recalled last year doesn't cover owners of another 10 million vehicles with a similar flaw, Bloomberg News notes.
U.S. Car Sales Climb 4%
7/1/2015Deliveries of cars and light trucks in the U.S. rose to 1.48 million in June from 1.42 million a year earlier, Autodata Corp. reports.
EVs Finish 1-2 at Pikes Peak; Mercedes Sets Diesel Record
7/1/2015Race car driver Rhys Millen won the annual race to the top of Pikes Peak this week, piloting an electric race car up the 12.4-mile route in nine minutes and seven seconds (watch winning run). Second-place Nobuhiro Tajima finished 25 seconds behind in Rimac Automobili's all-wheel-drive E-Runner electric car.
Loyalty Rates Climb for New Car Buyers
7/1/2015More than half (53%) of new-car buyers in the U.S. stayed with their previous brand in the first quarter of 2015 the highest ratio of brand loyalty in a decade, according to an IHS Automotive study.
A Carbon Fiber Body for the Supercar Owner Who Has Everything
7/1/2015Newly formed Vitesse AuDessus Inc. is targeting supercar buyers with its carbon fiber customization service.
Japanese Carmakers to Help Build Hydrogen Infrastructure
7/1/2015Honda, Nissan and Toyota have agreed to provide joint financial support to develop a hydrogen refueling infrastructure in Japan for fuel cell-powered vehicles.
Car Sales Surge in France, Spain
7/1/2015New-car deliveries jumped 15% in France and 24% in Spain last month, local trade groups reports.
Hyundai’s Sales Drop Again
7/1/2015Hyundai Motor Co.'s worldwide car sales slipped 1% to 408,000 units in June, marking the third consecutive month of year-on-year decline.
Toyota’s PR Chief Resigns After Drug Arrest
7/1/2015Julie Hamp, who became Toyota Motor Corp.'s first female managing officer in April when she was appointed head of communications, has resigned after being arrested last month for illegally importing a narcotic painkiller to Japan.