Automotive Archive

  • Mercedes-Benz Financial Services, Mini Financial Services and TD Auto Finance topped their segments in lender services satisfaction among auto dealers participating in J.D. Power 2017 U.S. Dealer Financing Satisfaction Study, released this week. The study, which was significantly retooled for 2017, measured dealer satisfaction in four segments of lenders: captive luxury, captive mass market, noncaptive and floorplanning and ranked lenders on a 1,000-point scale. Mercedes-Benz Financial Services ranked highest in the captive luxury segment with a 972 score. The captive finance arm also took the top spot for floorplanning with a 986 score. BMW Financial Services, with a 955 score, and Infiniti Financial Services, with a 953 score, rounded out the top three captive luxury lender spots. The average captive luxury score was 930. Mini Financial Services, with a 954 score, ranked highest in the mass-market segment. Volkswagen Credit ranked second, with a 916 score, and Ford Credit came in..

    M-B Financial, Mini Financial, TD Auto Finance score highest in dealer satisfaction

    Mercedes-Benz Financial Services, Mini Financial Services and TD Auto Finance topped their segments in lender services satisfaction among auto dealers participating in J.D. Power 2017 U.S. Dealer Financing Satisfaction Study, released this week. The study, which was significantly retooled for 2017, measured dealer satisfaction in four segments of lenders: captive luxury, captive mass market, noncaptive and floorplanning and ranked lenders on a 1,000-point scale. Mercedes-Benz Financial Services ranked highest in the captive luxury segment with a 972 score. The captive finance arm also took the top spot for floorplanning with a 986 score. BMW Financial Services, with a 955 score, and Infiniti Financial Services, with a 953 score, rounded out the top three captive luxury lender spots. The average captive luxury score was 930. Mini Financial Services, with a 954 score, ranked highest in the mass-market segment. Volkswagen Credit ranked second, with a 916 score, and Ford Credit came in..
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  • DEXTER, Mich. -- The 2018 Ford F-150 is starting to arrive in dealerships, with increased capability, an updated exterior and additional convenience features. But are the improvements enough for the F-series pickup to remain king of the hill and log 41 consecutive years as the best-selling truck in America? Probably. But it's getting tougher. The freshened pickup enters a market in which competition is expected to significantly increase. A redesigned Ram 1500 from Fiat Chrysler is scheduled for release in January, followed by retooled Chevrolet Silverado and GMC Sierra pickups from General Motors in the second half of the year. "The reality is the full-size pickup segment has always been, and will always continue to be, very competitive," said Todd Eckert, Ford truck group marketing manager. "We believe this will absolutely help us continue to move forward, but we don't stand still." To help keep the F-150 in the conversation, Ford has improved key performance metrics suc..

    Ford ups capability, convenience on F-150

    DEXTER, Mich. -- The 2018 Ford F-150 is starting to arrive in dealerships, with increased capability, an updated exterior and additional convenience features. But are the improvements enough for the F-series pickup to remain king of the hill and log 41 consecutive years as the best-selling truck in America? Probably. But it's getting tougher. The freshened pickup enters a market in which competition is expected to significantly increase. A redesigned Ram 1500 from Fiat Chrysler is scheduled for release in January, followed by retooled Chevrolet Silverado and GMC Sierra pickups from General Motors in the second half of the year. "The reality is the full-size pickup segment has always been, and will always continue to be, very competitive," said Todd Eckert, Ford truck group marketing manager. "We believe this will absolutely help us continue to move forward, but we don't stand still." To help keep the F-150 in the conversation, Ford has improved key performance metrics suc..
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  • CHICAGO -- A U.S. judge overseeing the bankruptcy of Takata Corp.'s U.S. business on Wednesday halted lawsuits for 90 days against automakers brought by victims of its faulty airbag inflators. Takata requested a six-month stay of the lawsuits, arguing an injunction was needed so management could complete a $1.6 billion sale of the company's viable operations to Key Safety Systems and replace airbag inflators that are subject to the biggest recall in automotive history. Major automakers including BMW AG, Ford Motor Co., Honda Motor Co. and Toyota Motor Corp. argued in favor of the six-month pause.

    U.S. judge in Takata bankruptcy halts lawsuits vs. automakers for 90 days

    CHICAGO -- A U.S. judge overseeing the bankruptcy of Takata Corp.'s U.S. business on Wednesday halted lawsuits for 90 days against automakers brought by victims of its faulty airbag inflators. Takata requested a six-month stay of the lawsuits, arguing an injunction was needed so management could complete a $1.6 billion sale of the company's viable operations to Key Safety Systems and replace airbag inflators that are subject to the biggest recall in automotive history. Major automakers including BMW AG, Ford Motor Co., Honda Motor Co. and Toyota Motor Corp. argued in favor of the six-month pause.
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  • Previous Weeks Top Videos of the Year Top Videos of All Time In the latest new video to join our viral video charts, Hyundai shows off the Verna sedan, known as the Accent in the U.S. market. The Verna is one of Hyundai's offerings in the India market. Hyundai redesigned the subcompact sedan for the 2018 model year. It features headlights, grille and wraparound taillights that are similar to other recently redesigned models in the Hyundai lineup such as the Elantra GT. Hyundai showed off those design elements in the 15-second spot. Hyundai's clip had 4,423,617 views, which ranked No. 2 on the chart compiled by Visible Measures. Infiniti's video with NBA superstar Stephen Curry was No. 1 this week with 6,347,618 views. Kia, Toyota, Suzuki and Audi also had new videos this week. 1 136% Stephen Curry InfinitiNAThis week(True Reach): 6,347,618Last week: 2 2 NEW Next Gen Verna HyundaiNAThis week(True Reach): 4,423,617Last week: NEW 3 14% Head to Head FordNAT..

    Hyundai highlights sedan for India market

    Previous Weeks Top Videos of the Year Top Videos of All Time In the latest new video to join our viral video charts, Hyundai shows off the Verna sedan, known as the Accent in the U.S. market. The Verna is one of Hyundai's offerings in the India market. Hyundai redesigned the subcompact sedan for the 2018 model year. It features headlights, grille and wraparound taillights that are similar to other recently redesigned models in the Hyundai lineup such as the Elantra GT. Hyundai showed off those design elements in the 15-second spot. Hyundai's clip had 4,423,617 views, which ranked No. 2 on the chart compiled by Visible Measures. Infiniti's video with NBA superstar Stephen Curry was No. 1 this week with 6,347,618 views. Kia, Toyota, Suzuki and Audi also had new videos this week. 1 136% Stephen Curry InfinitiNAThis week(True Reach): 6,347,618Last week: 2 2 NEW Next Gen Verna HyundaiNAThis week(True Reach): 4,423,617Last week: NEW 3 14% Head to Head FordNAT..
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  • Uber can't seem to catch a break. On top of its many current scandals, and amid increased competition, the company is now facing a one-month suspension in the Philippines.The Land Transportation Franchising and Regulatory Board (LTFRB), the Philippine transportation regulator, announced the suspension on Monday. Uber has tried to fight it, including briefly restarting operations on Tuesday then issuing an apology Wednesday for any "misunderstanding," reports Reuters. But the suspension still stands."If there was a misunderstanding on our part relative to the LTFRB's intention with their prior order, then that was our mistake," Uber regional executive Mike Brown told the press. "We're here to respect the regulator and in this case, if there was a misunderstanding, I apologize."The suspension is rooted in the LTFRB's decision last year to suspend acceptance and processing of driver applications for all ride-sharing services while the regulator studied possible new ..

    Philippines Upholds Uber Suspension Despite Company’s Appeals

    Uber can't seem to catch a break. On top of its many current scandals, and amid increased competition, the company is now facing a one-month suspension in the Philippines.The Land Transportation Franchising and Regulatory Board (LTFRB), the Philippine transportation regulator, announced the suspension on Monday. Uber has tried to fight it, including briefly restarting operations on Tuesday then issuing an apology Wednesday for any "misunderstanding," reports Reuters. But the suspension still stands."If there was a misunderstanding on our part relative to the LTFRB's intention with their prior order, then that was our mistake," Uber regional executive Mike Brown told the press. "We're here to respect the regulator and in this case, if there was a misunderstanding, I apologize."The suspension is rooted in the LTFRB's decision last year to suspend acceptance and processing of driver applications for all ride-sharing services while the regulator studied possible new ..
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  • After Richard Hammond took quite the tumble in a 1,200-horsepower electric Rimac Concept_One on a Swiss Hill Climb course in June, the FIA (along with his family, for that matter) were less than pleased, launching a look into "disciplinary proceedings" over the ordeal. The racing organization has reportedly delivered a fine of more than $5,000 to the Swiss Hillclimb Championship organizers, according to Motorsport.com.Switzerland's motorsport authority, Auto Sport Schweiz, announced Tuesday that the FIA has ruled that the "show runs" (presumably runs performed with the sole purpose of getting more B-roll for the Amazon car show the crew was filming) Hammond and company were doing at the time of the accident violated the governing body's International Sporting Code and that the crash "acted against the interests of the sport." As a result, organizers have been fined 5,000 Swiss francs, or $5,138 at today's exchange rates, on top of six-month license suspensions for race ..

    Swiss Hill Climb Organizers Fined $5000 Over Richard Hammond’s Rimac Crash

    After Richard Hammond took quite the tumble in a 1,200-horsepower electric Rimac Concept_One on a Swiss Hill Climb course in June, the FIA (along with his family, for that matter) were less than pleased, launching a look into "disciplinary proceedings" over the ordeal. The racing organization has reportedly delivered a fine of more than $5,000 to the Swiss Hillclimb Championship organizers, according to Motorsport.com.Switzerland's motorsport authority, Auto Sport Schweiz, announced Tuesday that the FIA has ruled that the "show runs" (presumably runs performed with the sole purpose of getting more B-roll for the Amazon car show the crew was filming) Hammond and company were doing at the time of the accident violated the governing body's International Sporting Code and that the crash "acted against the interests of the sport." As a result, organizers have been fined 5,000 Swiss francs, or $5,138 at today's exchange rates, on top of six-month license suspensions for race ..
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  • Americans love and cherish Corvettes for being the country's first, and potentially longest running, true sports car. Seemingly every generation has been iconic for one thing or another, and its capability against European competition is undoubtedly respectable. Though old Corvettes are extremely common here in America, it's a bit different in Canada. Those guys love their muscle cars just as much as Americans do, and this Canadian has listed his 1985 C4 'Vette with 160,000 kilometers for, get this, $1,350,000 CAD.Even after the exchange rate, that still makes for more than a cool $1 million in American currency. While it is in exceptional shape, there's no way it can justify that kind of price tag, especially when you can pick up similar examples in the States for under $20,000. You could purchase one of those cars and have it shipped to Canada for infinitely less, making this a real head-scratcher. Additionally, there are only four photos included in the listing..

    This 100,000-Mile 1985 Chevy Corvette Is Listed for $1 Million

    Americans love and cherish Corvettes for being the country's first, and potentially longest running, true sports car. Seemingly every generation has been iconic for one thing or another, and its capability against European competition is undoubtedly respectable. Though old Corvettes are extremely common here in America, it's a bit different in Canada. Those guys love their muscle cars just as much as Americans do, and this Canadian has listed his 1985 C4 'Vette with 160,000 kilometers for, get this, $1,350,000 CAD.Even after the exchange rate, that still makes for more than a cool $1 million in American currency. While it is in exceptional shape, there's no way it can justify that kind of price tag, especially when you can pick up similar examples in the States for under $20,000. You could purchase one of those cars and have it shipped to Canada for infinitely less, making this a real head-scratcher. Additionally, there are only four photos included in the listing..
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  • Scott Pruitt has his dream job: Taking a cleaver to federal regulations as the sworn-enemy-turned-chief of the Environmental Protection Agency. Thanks to him and other Trump appointees like him, automakers know they have friends in high places, a sympathetic ear in an ongoing federal review—and ideally for them, a rewrite—of Obama-era rules that would nearly double Corporate Average Fuel Economy (or CAFE) to 54.5 miles per gallon by 2025. But while automakers would love to rip up some regulations, they’re not tearing up long-term plans for higher-mileage cars. Auto insiders I spoke with—including two executives who work with Washington regulators—know that climate change isn’t going away, and can’t be prettied up or papered over forever. Oh, they’ve got gripes, beginning with their longtime contention that mega-mileage cars will cost them too much build and then gather dust in showrooms as consumers decide which SUV better meets their needs. Unsold cars mean shrinking profits and idle..

    The Trump Administration Will Almost Certainly Give Automakers a Freebie on Fuel Economy

    Scott Pruitt has his dream job: Taking a cleaver to federal regulations as the sworn-enemy-turned-chief of the Environmental Protection Agency. Thanks to him and other Trump appointees like him, automakers know they have friends in high places, a sympathetic ear in an ongoing federal review—and ideally for them, a rewrite—of Obama-era rules that would nearly double Corporate Average Fuel Economy (or CAFE) to 54.5 miles per gallon by 2025. But while automakers would love to rip up some regulations, they’re not tearing up long-term plans for higher-mileage cars. Auto insiders I spoke with—including two executives who work with Washington regulators—know that climate change isn’t going away, and can’t be prettied up or papered over forever. Oh, they’ve got gripes, beginning with their longtime contention that mega-mileage cars will cost them too much build and then gather dust in showrooms as consumers decide which SUV better meets their needs. Unsold cars mean shrinking profits and idle..
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  • Germany can't seem to decide if it really wants to ban the internal combustion engine (ICE), despite the back and forth rhetoric of auto manufacturers, environmentalists, and economists. After a vacation, Chancellor of Germany Angela Merkel confirmed the country's eventual plan for the discontinuation of the ICE, partly due to the looming emission scandals that seemingly keep originating from German automakers, according to Reuters.Manufacturers are worried about their hard work flying out of the window if Germany were to fall in line with France and ban the traditional fossil-fuel based engine. Even after agreeing that they must collectively do something to reduce emissions, the manufacturers continue to be surrounded in diesel-related scandals. It appears that this has finally taken its toll on the German government, as Merkel announced the need for her country to follow in the footsteps of other European nations and ban new diesel vehicles from being sold in their footpri..

    Germany Continues Transition to Electric Cars With Diesel Ban in the Future

    Germany can't seem to decide if it really wants to ban the internal combustion engine (ICE), despite the back and forth rhetoric of auto manufacturers, environmentalists, and economists. After a vacation, Chancellor of Germany Angela Merkel confirmed the country's eventual plan for the discontinuation of the ICE, partly due to the looming emission scandals that seemingly keep originating from German automakers, according to Reuters.Manufacturers are worried about their hard work flying out of the window if Germany were to fall in line with France and ban the traditional fossil-fuel based engine. Even after agreeing that they must collectively do something to reduce emissions, the manufacturers continue to be surrounded in diesel-related scandals. It appears that this has finally taken its toll on the German government, as Merkel announced the need for her country to follow in the footsteps of other European nations and ban new diesel vehicles from being sold in their footpri..
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  • Thanks to court filings, Waymo's lawsuit against Uber has provided a peek into the ride-sharing giant's inner workings. Uber filed a series of text messages between ex-CEO Travis Kalanick and Anthony Levandowski, the former Uber self-driving car engineer at the center of the suit. They show that Kalanick and Levandowski spent a lot of time talking about the competition. Messages pulled from the filing by Recode include lengthy discussions of Google and Tesla. While it's not surprising to see executives at a major corporation scoping out the competition, Kalanick and Levandowski took things to a different level of intensity. Waymo (the former Google self-driving car project) claims Levandowski stole 14,000 files before leaving the company, and then passing them on to Uber when the ride-sharing firm bought his self-driving truck startup, Otto. Uber denies this, and has said Kalanick approached Google about a self-driving car partnership, which Google allegedly declined.B..

    Travis Kalanick’s Texts to Anthony Levandowski Show Disdain for Google, Tesla

    Thanks to court filings, Waymo's lawsuit against Uber has provided a peek into the ride-sharing giant's inner workings. Uber filed a series of text messages between ex-CEO Travis Kalanick and Anthony Levandowski, the former Uber self-driving car engineer at the center of the suit. They show that Kalanick and Levandowski spent a lot of time talking about the competition. Messages pulled from the filing by Recode include lengthy discussions of Google and Tesla. While it's not surprising to see executives at a major corporation scoping out the competition, Kalanick and Levandowski took things to a different level of intensity. Waymo (the former Google self-driving car project) claims Levandowski stole 14,000 files before leaving the company, and then passing them on to Uber when the ride-sharing firm bought his self-driving truck startup, Otto. Uber denies this, and has said Kalanick approached Google about a self-driving car partnership, which Google allegedly declined.B..
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