NEWS

J.D. Power Buys NADA Used Car Guide

7/2/2015

J.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

7/1/2015

The 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%

7/1/2015

Deliveries 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

7/1/2015

Race 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

7/1/2015

More 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

7/1/2015

Newly formed Vitesse AuDessus Inc. is targeting supercar buyers with its carbon fiber customization service.

Japanese Carmakers to Help Build Hydrogen Infrastructure

7/1/2015

Honda, 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

7/1/2015

New-car deliveries jumped 15% in France and 24% in Spain last month, local trade groups reports.

Hyundai’s Sales Drop Again

7/1/2015

Hyundai 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

7/1/2015

Julie 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.