December 31, 2014 2014 was even better than 2013 for the collectible car world. Classic cars raked in a staggering $1.3 billion at auction this past year, up from an already impressive $1.2 billion. These stats all come from the classic car value experts at Hagerty, who also ranked exactly which cars brought…
View moreNovember 10, 2014 Plunging oil prices in the U.S. have received a warm welcome from airlines, auto makers and farmers, but what are the risks to corporate America if the decline persists? Crude oil prices have dropped about 25% in just over four months, hitting a three-year low of $77.19 a barrel on…
View moreOctober 27, 2014 Chrysler has put a new spin on its TV Commercials. They’re the next evolution of the brand’s “Imported from Detroit.” Each of the spots, called “Ready to Take on the World,” features a sleek, silver 2015 Chrysler 200 sedan driving on roads in what appears to be Germany, Japan or…
View moreSeptember 11, 2014 On a car shopping mission last year, Marlo Dewing set out with a single requirement for her new ride: a manual transmission. This proved to be more difficult than she anticipated. “Any car that was only available as an automatic was a deal breaker,” said Dewing, 44. “I love to…
View moreAugust 19, 2014 GM has had a rough year with many recalls. General Motors Co.’s website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said. The site, www.gmignitionupdate.com, launched in April. It initially informed owners of the 2.59 million mostly…
View moreJuly 15, 2014 If you are one of the few that bought the Nissan Cube, you were might be the last. A famous U.S. general, once said, “Old soldiers don’t die; they just fade away.” The same can be said of cars. Old, failed cars like the Nissan Cube just fade away without…
View moreJune 9, 2014 Pickup trucks generally fair best when it comes to depreciation and luxury cars fare worst. The study looked at the prices of used cars from the 2008 to 2012 model years from March 2013, to March 2014. Some 577 models were studied, with the median model losing 9.8% over the…
View moreMay 12, 2014 More efficient than ever, the percentage of vehicles getting at least 23 mpg hit a record 50.5 percent for the 2014 model-year, good news for drivers of gas guzzling SUVs and pickups. Over half of the vehicles sold this year deliver over 23 mpg, with one in nine topping 30…
View moreApril 14, 2014 In a surprising move for the industry that practically invented the assembly line, multiple Toyota factories in Japan are replacing robots with human beings. It’s happening at Toyota’s plants across Japan, reports Bloomberg News, and the idea behind it is as innovative as the move 30 years ago to replace humans…
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