Congress Urged to Impose New Mileage-Based Tax to Pay for Road Repairs
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Here’s a conundrum: the government is hell-bent on reducing the average fuel consumption, and thus CO2 emissions, of new vehicles. It’s even offering federal tax incentives to buyers who choose to go “green”, i.e. hybrids or all-electrics.
Toyota Prius and Lexus HS 250h Class-Action Lawsuit Dismissed by California Court
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If there’s one thing Toyota has in abundance in the U.S., apart from sales and models, it is lawsuits. This time, though, the Japanese automaker scored a victory as U.S. District Judge Cormac Carney in California denied a class-action lawsuit by owners of Prius and Lexus models.
VW Sets New Record with 5.74 Million Sales in 2012, Up 12.7 Percent
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In spite of losing ground in Europe, where (excluding Germany) it delivered 844,500 vehicles, 6.9 percent less than in 2011, last year was a great one for the Volkswagen brand as its global sales reached 5.74 million units, an increase of 12.7 percent compared to the previous count.
First SRT Viper Rolls Off the Assembly Line, Owner Paid $300,000 for it [w/Video]
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Thursday, January 10, was a historic day for Chrysler as the first SRT Viper rolled off the production line at the Conner Avenue Assembly plant and was handed over to his owner, Scot Thomas, by Fiat-Chrysler CEO Sergio Marchionne.
Thomas was the winning bidder for the #001 Viper at last year’s Barrett-Jackson auction.
Read more »Maserati and Lamborghini Pull Out of Iran to the Satisfaction of UANI
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Last October, “United Against Nuclear Iran” (UANI) CEO Ambassador Mark D. Wallace, along with NYC Public Advocate Bill de Blasio and Iran180 executive director Chris DeVito, held a press conference in front of Maserati’s Manhattan showroom.
The three men had stated that Maserati, along with Lamborghini, have been added to the Iran Watch List as they entered into import agreements with the country – something they deemed unacceptable due to the Iran’s nuclear program.
Read more »Lexus Hints at Bringing Back the Sport Cross for the New 2014 IS Series
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Why would an automaker ponder if we remember one of its past models and whether it will bring it back? Well, if you ask us, the only reasonable explanation is because it actually plans to do so.
Case in point, a Lexus posting on the brand’s official Facebook page where the Japanese carmaker states:
Read more »Rolls Royce Reports Best Sales Year Ever in the Company's 108-Year History in 2012
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Much like Bentley, from the moment the Germans stepped in to take over Rolls Royce’s automobile division in 1998 (completing the complicated, as it turned out, purchase in 2003), the world’s most famous luxury car brand has reaped success.
On Thursday, Rolls Royce Motors announced that in 2012, it achieved the best sales result in its 108-year history with 3,575 cars (+1 percent over 2011) and the third consecutive record.
Read more »Austin F1 Fans Drank US$2.8 Million Worth of Alcohol, More Than Any Other Venue in Texas…
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Last November, the Circuit of the Americas in Austin, Texas, hosted its inaugural Formula 1 race, which was also the penultimate event of the 2012 season. Austin was the 10th track to host the U.S. GP and it marked F1’s return in the country after a five-year absence.
Survey Shows Carmakers Remain Skeptic about EV Sales, will Invest in Internal Combustion Engines
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It seems that, despite all the noise they make about their hybrid, plug-in and all-electric vehicles, carmakers still expect the internal combustion engine to dominate sales until 2015.
According to a survey conducted last November by audit, tax and advisory company KPMG, which surveyed 200 global automotive executives, including 22 in North America, automakers believe that sales of electric vehiclesRead more »
GM Surpasses Ford in Government Sales for the First Time Since the 2009 Bailout
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Hard as it may try to put to rest the “Government Motors” moniker its opponents have coined since the 2009 bailout, General Motors will probably have to deal with it again.
This time the reason is the data published by the General Services Administration (GSA), which show that GM surpassed Ford in federal government sales for the first time since the bailout.
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