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Terrafugia Transition flying cars roar into reality  May 24th, 2013 

The Terrafugia Transition lets you fly over traffic and point-to-point between more than 5,000 community airports around the United States. Courtesy ...  
 
 
Blaze damages Ventura home 2 cars  May 24th, 2013 

The resident of the home near Appian Way was home with a dog and heard a noise in the garage, officials said. After discovering a fire in the garage, the resident notified authorities and got ...  
 
 
Cars drivers plunge into river after Wash. I-5 bridge collapse  May 24th, 2013 

By Andrew Rafferty and Justin Kirschner, NBC News Three people were rescued from a river after a bridge along Interstate-5 in Washington State collapsed on Thursday evening, plunging cars into Skagit River below, according to Washington State ...  
 
 
Tesla repays government loan nine years early  May 24th, 2013 

has paid off the remaining portion of the loan granted to it by the US Department of Energy in 2010. The California-based electric vehicle manufacturer transferred US$451.8 million ($464.0 million) this week to clear its debt plus interest with the government, following earlier payments in 2012 and the beginning of 2013. Tesla was awarded a loan of US$465 million ($478 million) under the ...  
 
 
Ford to retire Falcon when Australia plant closes in 2016  May 24th, 2013 

Ford Motor Co. will shed 1,200 jobs when it ends auto manufacturing in Australia in 2016, but ...  
 
 
Cars burning as Stockholm braces for fifth night of riots  May 24th, 2013 

Firemen extinguish a row of burning cars in the Stockholm suburb of Rinkeby after youths rioted in several different suburbs around Stockholm for a fourth consecutive night, late Thursday, May 23, 2013. AP PHOTO/SCANPIX, FREDRIK SANDBERG STOCKHOLM--At least six cars were torched in a Stockholm suburb late Thursday, as the Swedish capital braced for a fifth night of riots. Firefighters were ...  
 
 
Top producers of electric cars bring their best to expo  May 24th, 2013 

/enpproperty--> Zhongguancun's leading companies in the electric vehicle industry will flex their technical muscle at this year's China Beijing International High-Tech Expo. Beijing National Battery Technology Co Ltd, a subsidiary of State Power Group Co, has a team with 15 years of experience in battery development and a nearly 20-year history of technological cooperation with ...  
 
 
Kingston has first-day lead on European Tour  May 24th, 2013 

James Kingston shot a 6-under-par 66 and owns the lead after Thursday's play at the European Tour's BMW PGA Championship in England. Kingston had seven birdies and a bogey on the day and is one stroke ahead ...  
 
 
Cars that say America  May 24th, 2013 

Whether intended to be evocative or in homage, or just because they sound cool, cars named after American places have always been part of the U.S. automotive lexicon. And the number of cars named thus, like the country itself, is vast. Automakers both foreign and domestic borrow names from American cities, regions and towns, from the extraordinary to the downright plain. Some names seem to be a ...  
 
 
Bridge collapses in Washington state — cars people in water  May 24th, 2013 

By Andrew Rafferty and Justin Kirschner, NBC News A bridge along Interstate-5 in Washington State collapsed on Thursday evening, leaving at least two cars and some people submerged in water, according to Washington State Patrol.It was unclear how many people were in the Skagit River, the waterway in northern Washington that the four-lane bridge crossed.The incident happened around 7 p.m. local ...  
 
 
2009 Maserati Quattroporte Converted into a “Cincoporte” Station Wagon Heading to Auction  May 23rd, 2013 
If there’s one sedan out there that has just the right amount of style, performance, and sex appeal, it’s the Maserati Quattroporte. So what happens if that sex appeal finds the touchdown line and helps spawn a family? What do you do from there? If you’re former president of Ducati motorcycles,  Dr. Carlo Bonomi, you buy [...] 
 
 
2015 BMW M4 Spy Photos: The Remaking of an Icon  May 23rd, 2013 
What It Is: This sleek two-door coupe is nothing less than the M4, which will replace the M3 coupe. BMW is renaming the coupe version of the 3-series to 4-series, and a similar fate is in store for the 1-series coupe, which will be known as 2-series in the future—thus implicitly acknowledging that the 6-series [...] 
 
 
Auto Industry Steps Up to Help Tornado Victims  May 23rd, 2013 
Ally Financial, the National Automobile Dealers Charitable Foundation, the General Motors Foundation and Chevrolet are among those pledging support for victims of the Oklahoma City tornado that claimed 24 lives. 
 
 
TOTD: Resurrected Nissan Sentra SE-R or Rebadged Megane R.S.?  May 23rd, 2013 
Nissan may have a very competitive entry in the supercar market, but the brand doesn’t really have a performance-oriented offering for C-segment shoppers. The new Juke Nismo is kind of like a crossover-ized compact hot hatch, but for many it doesn’t fill the void left by the Sentra SE-R and other past small, sporty Nissans. [...] 
 
 
Acura NSX’s Development Discussed on New Wide Open Throttle  May 23rd, 2013 
The Acura NSX still has a long way to go before its expected launch in 2015, but on this episode of Wide Open Throttle, hosts sit down with Ted Klaus, Global Development Chief at Acura, to chat about the new NSX and the development process behind the automaker’s new halo car. Being tasked with the [...] 
 
 
Poll: Audi A8 Spied in the Alps – What Does it Need to Improve?  May 23rd, 2013 
A refreshed Audi A8 prototype has once again been caught, this time going for a joyride in the Alps. The all-wheel-drive flagship sedan was snapped last month testing in Germany. The new A8 will look subtly different from the outgoing car, with new headlight units that may take after the A3 sedan’s sleeker ones. The [...] 
 
 
Ford still has a long way to go to match Toyota’s brand value  May 23rd, 2013 

Joe Hinrichs, the former Ford of Canada president who now oversees all of Ford's operations in both North and South America, says he and everyone at Ford have a laser-like focus on quality. Good thing on a bunch of fronts, especially when it comes to brand-building.Ford Motor has suffered a recent series of embarrassing recalls, and the delayed arrival of the new Lincoln MKZ - to fix quality ...  
 
 
Chrysler takes a jab at Tesla  May 23rd, 2013 

Sergio Marchionne, left, the CEO of Chrysler Group and Fiat, isn't happy by the claim of Tesla CEO Elon Musk that Tesla is the first automaker to repay all of its ...  
 
 
Ramona High wins 2013 FordAAA auto skills competition  May 23rd, 2013 

Two students from Ramona High beat 36 other students to win the California 2013 Ford/AAA Student Auto Skills Competition. Left to right, Ramona High instructor Mike Saavedra with Tyler Pavlick and Nicolas ...  
 
 
UPDATE 1-U.S. new car sales seen up 6-8 pct in May -analysts  May 23rd, 2013 

Thu May 23, 2013 12:17pm EDT DETROIT May 23 (Reuters) - U.S. auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday. Sales of new cars and trucks in May are expected to top 1.43 million vehicles, while the annual sales pace is ...  
 
 
Ford to stop Falcon manufacturing in Australia  May 23rd, 2013 

MELBOURNE - Ford Motor Company Wednesday announced plans of closing its local manufacturing operations in Broadmeadows and Geelong in October 2016 thereby forcing 1,200 people out of work. Spelling the end of the iconic Ford Falcon in the country, Ford Australia president Bob Graziano announced that the carmaker would shut its Victorian facilities in October 2016, bringing an end to nearly ...  
 
 
Westlake Names Top Sales  May 23rd, 2013 

westlakeThe Westlake Financial Services Remarketing Department announces their top regional auction performers for the first quarter.

 
 
 
CarMax Aids Richmond Community  May 23rd, 2013 

carmax_logo-1The CarMax Foundation granted $510,000 to Richmond-area charities in 2013. This is an important milestone as it is the first time The Foundation surpassed $500,000 in Richmond-area grants in one year.

 
 
 
CFPB Sets Framework for State Cooperation  May 23rd, 2013 

cfpbThe Consumer Financial Protection Bureau (CFPB) and the Conference of State Bank Supervisors (CSBS), acting on behalf of state financial regulatory authorities, announced a framework that establishes a process for coordination on supervision and enforcement matters.

 
 
 
We Hear: Infiniti May Build CLA-Based QX30 Compact Crossover  May 23rd, 2013 
An entry-level Infiniti crossover wearing QX30 badges may soon slot below the EX (pictured above) in the automaker’s lineup of SUVs. Thanks to the partnership between Infiniti and Mercedes-Benz, we hear the front-drive-based vehicle will be built on the Mercedes MFA platform that underpins the CLA-Class four-door and upcoming GLA-Class crossover. The Infiniti’s sheetmetal will [...] 
 
 
Ford to Close Its 2 Australian Auto Plants  May 23rd, 2013 

CANBERRA ...  
 
 
Nissan recalls 800000 cars with potentially faulty steering wheels  May 23rd, 2013 

The recall affects 133,869 Nissan Micras made between December 2002 and May 2006 and is part of a worldwide recall of 841,000 Micras. The required repairs are expected to take approximately fifteen minutes to complete. A Nissan Motor GB spokesman said: "Over time, the nut that holds on the steering wheel can become loose."Drivers could start notice some wobbling of the wheel and if this ...  
 
 
Flying cars roar into reality  May 23rd, 2013 

flying cars and the concept is no longer confined to the big screen. In fact, they are already in the air. The prototype of this latest take on an old concept took its maiden flight just over a year ago from Plattsburgh Airport in New York. It lasted eight minutes and reached an altitude of 425 metres. Dubbed The Transition, it only made it into the air because it weighs just 440kg. A modern ...  
 
 
Riots in Sweden enter fourth day  May 23rd, 2013 

A restaurant and police station were burned as rioting in Sweden, in its fourth day, spread to at least 15 suburbs around Stockholm, officials said. The unrest began Sunday in Husby, northwestern Stockholm, where officials said rioters set cars on fire. Violence spread to Hagsatra as rioters, largely youths, threw stones at police officers and firefighters. Police said a restaurant in Skogas, ...  
 
 
Honda Nagatomo back for crunch Australia clash  May 23rd, 2013 

Keisuke Honda in action for Japan against Oman Knee injuries forced both players to miss the 2-1 defeat to Jordan in March but victory against the Socceroos in Saitama would secure a fifth consecutive World Cup finals appearance for Alberto Zaccheroni's side, who have a six-point advantage in their qualifying group with two games to play."The moment of truth has come for my team," ...  
 
 
Ace Parking Comments On The Desire For Both Parking and Greenery in Pittsburgh  May 23rd, 2013 
Ace Parking, which handles parking for a variety of venues, is issuing comment on a new movement in Pittsburgh to build greener parking facilities. 
 
 
Limousine Fire In California Raises Questions About Car Fires  May 23rd, 2013 
A tragic limo fire in California raises many questions: How did the limo catch fire? Was the fire caused by an auto defect? Learn more from The McClellan Law Firm. 
 
 
According to Montlick & Associates, Complaints About Distracted Drivers Largely Underreported  May 23rd, 2013 
Distracted driver-related accidents are largely underreported, Montlick & Associates warns. 
 
 
New RV Trends Reveal An Abundance of Custom Trailers, a Discovery Praised by RV Registry  May 23rd, 2013 
RV trends show a plethora of specialized vehicles ranging in amenities, an innovative turn recognized by RV Registry. 
 
 
My Car A classic Toyota Land Cruiser turns heads in the UAE  May 23rd, 2013 

Growing up in Yemen and spending most of his childhood seeing the 1979 Toyota Land Cruiser FJ40, Max Stanton admits he always wanted one. "The first time I ever went into one of these cars, I went to an island called Socotra, in Yemen. I must have been about 10 at the time. We flew there and there was no proper airplane. We were there for the first time ever and we needed a car to drive us ...  
 
 
Cars Damaged In Hurricane Sandy Now Flooding Local Market For Half-Off  May 23rd, 2013 

MIAMI (CBSMiami) -Hugo Caseiro believes he’s doing nothing wrong by rebuilding Hurricane Sandy flood cars and re-selling them around South Florida. Caseiro runs his company, C & C Auto of Miami, out of his family’s home off Southwest 8th street and 129th avenue. The longtime mechanic explained to CBS4's Chief Consumer Investigator Al Sunshine, ';The person who’s ...  
 
 
Nissan To Recall 841000 Vehicles Worldwide  May 23rd, 2013 

Nissan Motor Co Ltd will recall about 841,000 vehicles worldwide as a result of a steering wheel glitch. Japan's No.2 automaker said it would recall certain models of the Micra compact car produced in Britain and Japan between 2002 and 2006, as well as the Cube, produced in Japan around the same period. It is pulling back vehicles in Japan, Europe, Asia, Oceania, Africa, Latin America ...  
 
 
Nissan to sell first joint minicar to expand in Japan market  May 23rd, 2013 

A worker assembles a vehicle at Mitsubishi Motors Mizushima plant in Japan. Nissan produces a minicar at the plant. (Photos by Tomohiro ...  
 
 
New Chinese govt subsidies to promote green cars  May 23rd, 2013 

A new subsidy policy is intended to promote the use of energy-saving automobiles, according to a Thursday report by the China Securities Journal.The previous policy, which expired at the end of last year, provided a subsidy of 50,000 yuan ($8,151) to automakers for every hybrid vehicle sold, while 60,000 yuan was provided for every electric vehicle sold.Miao Wei, head of the Ministry of Industry ...  
 
 
Awards offer auto apprentices chance to shine  May 23rd, 2013 

First-year heavy diesel mechanic apprentice Liam Sharp and his fellow apprentices will be keen to contest the awards. Picture: PATRINA ...  
 
 
Holden Toyota commit to Australia for now  May 23rd, 2013 

The two car makers left standing following Ford's decision to get out have reaffirmed their commitment to Australia, for now at least.However the dominant view is that the Australian car manufacturing industry is dying, which is a grave worry for the automotive component suppliers that represent more employees than the big car makers.Ford posted a $141 million annual loss in Australia on ...  
 
 
Survey Bedbugs a growing problem in autos  May 23rd, 2013 

We all know that picking up hitchhikers is not generally a good idea, and there is one little stowaway that can really make life miserable for motorists. Her name is Cimex lectularius. ...  
 
 
Government pledges $50M to support workers affected by Ford closures  May 23rd, 2013 

Ford Australia president and CEO Bob Graziano this morning confirmed the company’s plan to cease local vehicle production, which will lead to the loss of 1200 jobs across the Broadmeadows assembly and Geelong engine plants. Graziano said there would be "limited" opportunities for manufacturing workers to fill other roles within Ford Australia, admitting that the majority would be ...  
 
 
GM recalls nearly 20000 new Cadillac SRX SUVs  May 23rd, 2013 

General Motors Corporation said it is recalling nearly 20,000 new Cadillac SRX SUVs for faulty wheel lug nuts, according to a Detroit News report. The Detroit automaker told the National Highway Traffic Safety Administration it is recalling 18,871 2013 SRX SUVs in the US and nearly 1,000 in Canada over concerns that a wheel could eventually fall off, reported Xinhua. GM has been investigating ...  
 
 
2014 Chevrolet Spark EV Priced at $27,495, With $199/Month Lease  May 23rd, 2013 
When the 2014 Chevrolet Spark EV goes on sale this summer, it will carry an MSRP of $27,495 including $810 destination and before government credits and rebates. With the full $7500 federal tax credit, the Spark EV could cost just $19,995, while state incentives could lower that price as much as $2500 more. In California, [...] 
 
 
California Green Car Company Tesla Repays Government Loan Early Silencing GOP Critics  May 23rd, 2013 

During the presidential debates last year, Mitt Romney pandered to his base through his painting of green energy companies, including Tesla Motors, as ...  
 
 
Tesla repays $465M federal loan nine years early  May 23rd, 2013 

Tesla Motors Inc. said Wednesday it has repaid its $465 million U.S. Department of Energy loan nine years ahead of schedule. In a filing with the Securities and Exchange Commission, the California automaker said it terminated the loan and reimbursement agreement with the DOE, a significant step for the company in shedding its image of a government-backed entity. Tesla CEO Elon Musk tweeted Monday ...  
 
 
Ford steps on the gas production-wise  May 23rd, 2013 

Ford Motor Co. said it will bump up production in 2013 by 200,000 vehicles, due in part to increased demand on the West Coast. Ford said it plans to produce 3.4 million vehicles this year, the Los Angeles Times reported Wednesday. The company said it will hire 3,500 new workers and add shifts at its Flat Rock, Mich., assembly plant, which will produce vehicles bound for the West Coast. The ...  
 
 
Peugeot to shut 30-year-old plant save jobs  May 23rd, 2013 

is planning to shut down and sell off a 30-year-old French plant while vowing to save its more than 600-strong workforce. The Financial Times reports that ...  
 
 
Oklahoma Commissioner 4K Home Auto Claims from Twisters So Far  May 23rd, 2013 

More than 4,000 home and auto claims have been filed as a result of the recent spate of tornadoes in Oklahoma. That number is expected to rise, according to Oklahoma Insurance Commissioner John D. Doak. Doak said the Oklahoma Insurance Department has opened a Consumer Assistance Command Center to assist tornado victims, located at 301 NE 27th St., Moore, Okla. "Our goal is to assist people ...  
 
 
Burger distractions led to $15 million in police car crash settlement  May 23rd, 2013 

Santa Clara County, Calif., agreed to settle for $15 million a suit stemming from a car crash triggered by a police officer eating a hamburger while driving. Sheriff's Deputy Greg Markovic took his eyes off the road three times on Jan. 9, 2012, in San Jose -- once each for the burger, a stuck radio microphone and an accidentally switched-on light -- and struck a Honda driven by Diem Van ...  
 
 
2014 Volkswagen Polo spy shots reveal subtle facelift  May 23rd, 2013 

has been spied completely undisguised undergoing testing in Europe. The images, captured by CarAdvice’s spy photographers, reveal a subtle facelift for ...  
 
 
Ford closure domestic car manufacturing a shrinking industry  May 23rd, 2013 

Australia Ford's announcement today has been a long time coming. The Australian car manufacturing sector has been under pressure for at least 20 years. Soaring production costs and a high Australian dollar have ultimately made it cheaper for most Australian consumers to buy foreign-made cars. Analysts say 85 per cent of cars sold here are imported, and that number is expected to rise to 90 ...  
 
 
Ford to end auto production in Australia in 2016  May 23rd, 2013 

Rain falls on a car at a Ford dealership in Sydney on Thursday, May 23, 2013. Ford Motor Co. said it was closing its two Australian auto plants and ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. (AP Photo/Rick ...  
 
 
Rolls-Royce to supply 23 Airbus engines to US CIT  May 23rd, 2013 

(MENAFN) Britain's Rolls-Royce managed to secure a contract offered by US leasing company CIT Aerospace to supply engines in order to power 23 Airbus aircraft, reported Reuters,The world's second-largest maker of aircraft engines behind US group General Electric said that Trent XWB and Trent 700 engines were included in the deal.The Trent XWB engine was exclusively made for the Airbus ...  
 
 
Honda’s Palace dreams live on  May 23rd, 2013 

Honda Australia’s sponsorship deal with Palace Cinemas has been extended for a third consecutive year. Val Morgan has announced that the ‘Share Dreams’ partnership will run for a third year, with Honda as naming rights sponsor of Palace Cinemas with brand association across the full range of the cinemas’ marketing collateral. As part of the deal, planned and ...  
 
 
Spied! 2015 Toyota Prius Caught Perusing Highway…We Think  May 22nd, 2013 
It’s pretty safe to assume that this slab-sided thing caught by the friendly people at our sister publication Motor Trend is undoubtedly a Toyota. It was seen this morning on the Interstate 405 just miles from Toyota’s Torrance headquarters; neighbor Honda typically uses California plates for its cars out our way. But what it is remains unclear. With an [...] 
 
 
Paid in Full: Tesla Repays $451.8 Million Loan from Department of Energy Nine Years Ahead of Schedule  May 22nd, 2013 
Tesla Motors announced today that is has repaid the entire loan it received from the Department of Energy back in 2010. Oh, and we should probably mention it did so nine years ahead of schedule. That $451.8 million Tesla was on the hook for also includes all interest accrued in the three years since being [...] 
 
 
Aaron Robinson: Why The Great Elon Musk Needs a Muzzle  May 22nd, 2013 
Before we go any further, let’s be clear on one thing: I’m a fan of Tesla Motors chief Elon Musk. It’s not because he’s both two years younger than me and, with a net worth of $2.7 billion, ranks 527th on Forbes’s 2013 list of ridiculously rich people. For that, I should hate him. I’m [...] 
 
 
2014 Aston Martin Vanquish Volante Spied: The Inevitable Droptop Vanquish  May 22nd, 2013 
What It Is: A lightly covered-up prototype of the inevitable convertible version of the Aston Martin Vanquish, the brand’s flagship coupe. Following Aston’s nomenclature, the roofless Vanquish will be known as the Vanquish Volante. Just as the hardtop model replaced the DBS last year, this topless Vanquish will take over for the DBS Volante. READ [...] 
 
 
We Hear: 2015 Mazda3 Accidentally Revealed?  May 22nd, 2013 
A slew of new models coming by 2017. 
 
 
Bob Lutz’s VL Automotive and Chinese Partner May Buy Fisker  May 22nd, 2013 
There may still be life left in Fisker yet. Bob Lutz’s VL Automotive, makers of the V-8-powered version of the Fisker Karma , is reportedly looking into buying Fisker out of bankruptcy, with the help of a Chinese auto parts supplier. Reuters reports that Lutz’s VL Automotive and Chinese part supplier Wanxiang Group made a [...] 
 
 
$70M Reduction For Auto Club’s Southern California Drivers  May 22nd, 2013 

California Insurance Commissioner Dave Jones and Robert Bouttier, CEO of the Automobile Club of Southern California, announced a rate reduction for Auto Club policyholders in California totaling $70 million. The reduction represents a decrease of 4.1 percent. It is effective for new or renewed policies after July 1. "With the economy still recovering, this significant decrease delivers ...  
 
 
Cars crashed smashed and trashed in Fast Furious 6  May 22nd, 2013 

In a scene from 'Fast & Furious 6' Roman, played by Tyrese Gibson, leaps from his 1969 Anvil Mustang onto a Ford Escort Mark 1, driven by Paul Walker's ...  
 
 
Michigan Democrats Lay Out Auto Insurance Bills  May 22nd, 2013 

Detroit’s Democratic state House Caucus is laying out an effort to change Michigan’s auto insurance policies. The package of legislation was revealed during a news conference in Detroit. Republicans control the state Legislature. Under the proposal, insurance companies couldn’t use credit history, education or occupation in determining a person’s premium. It would also ...  
 
 
Auto Club of Southern California cuts car insurance rates  May 22nd, 2013 

About 1 million customers of the Automobile Club of Southern California will get an average $65 reduction in their annual car insurance premiums, the company and the state insurance department announced ...  
 
 
BRIEF-Ex-GM exec Bob Lutz Chinas Wanxiang offer $20 mln for Fisker Automotive-sources  May 22nd, 2013 

DETROIT | Wed May 22, 2013 3:07pm EDT DETROIT May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker Automotive - ...  
 
 
Auto plants skipping summer shutdowns  May 22nd, 2013 

U.S. car sales are up about 7%, to a 15.2-million-vehicle annual pace, and the rest of the year looks even stronger. "It's a strong signal on what's to come, a stronger second half of the year," said Jeff Schuster, senior vice president of forecasting at market researcher LMC Automotive, about the summer production plans. "No one wants to be caught without the right mix ...  
 
 
Head2Head: 2014 Audi R8 V10 Plus vs. 2014 Nissan GT-R Track Pack  May 22nd, 2013 
If this were a battle of which sports car had more syllables in its name, the 2014 Nissan GT-R Track Pack would be at a dead heat with the 2014 Audi R8 V10 Plus, as both have inordinately long names. Try ensuring your valet can make sense of them. Fortunately, this is a car comparison [...] 
 
 
BMW-Toyota Sports Car Concept Taking Form  May 22nd, 2013 
The announcement earlier this year that BMW and Toyota would be teaming up to produce a sports car took many by surprise. Toyota needs help building its performance portfolio, but what does BMW get out of this partnership? Taking a closer look at the BMW-Toyota lineup that began in 2011, the relationship begins to make [...] 
 
 
Edmunds Offers Used Hybrid Advice  May 22nd, 2013 

hybridEdmunds.com says that there are a few special factors that used hybrid shoppers should consider before making a deal.

 
 
 
Fitch Sees Slower Growth for Captives  May 22nd, 2013 

fitchCaptive finance subsidiaries of major global manufacturers have continued to report very strong profit margins, driven by outstanding credit-loss performance and improved demand for their parents' products. Portfolio growth and credit quality gains are likely to moderate, however, as competition with banks heats up, says ratings agency Fitch.

Most captives reported robust origination trends in 2012 and the first quarter of 2013 as access to low-cost funding remained good and demand for parent products picked up.

 
 
 
Audi R8 V10 Plus, Nissan GT-R Track Edition Go Head 2 Head (W/Video)  May 22nd, 2013 
You’ve read the comparo; now it’s time to watch the 2014 Audi R8 V10 Plus and 2014 Nissan GT-R Track Pack duke it out at the hands of associate road test editor Carlos Lago and your favorite racing driver, Randy Pobst, on the latest episode of Head 2 Head. This week’s Head 2 Head kicks [...] 
 
 
Yakima cops to take home patrol cars  May 22nd, 2013 

The Yakima City Council voted Tuesday night to consider an ordinance that would give every police patrol officer a take-home cruiser they would use while off ...  
 
 
Why GM cares about pickup trucks more than any other vehicle  May 22nd, 2013 

Nothing matters more to the continued revival and future success of General Motors than the all-new, full-size pickups. Nothing.Not the ongoing revival of Cadillac, which seems to have gathered some steam with the well-received ATS and the impending remake of the CTS.Not the reinvented 2014 Chevrolet Corvette Stingray coming this fall as the brand's halo ...  
 
 
While Southern Kaduna Burns Senator Nenadi Accused Of Trying to Buy Re-election With Exotic Cars  May 22nd, 2013 

By SaharaReporters, New York Matthew James in the Kafanchan area of troubled Southern Kaduna, is angry because he states that while Southern Kaduna is on fire, Senator Nenadi Esther Usman is distributing exotic cars to leaders of the Peoples Democratic Party (PDP) in the area in an effort to win re-election. Former Finance Minister Usman represents the Southern Kaduna Senatorial District in the ...  
 
 
Drugs and cars recovered in PSNI operation  May 22nd, 2013 

Drugs and cars with a combined value of more than £450,000 (€525,000) have been seized in Co Down by detectives investigating a suspected organised crime gang. Cannabis plants worth over £350,000 (€408,000) were recovered from a concealed cultivation factory in Ballyward near Castlewellan. Seven vehicles valued at upwards of £100,000, among them a number of top of ...  
 
 
XL Group Expands Inland Marine Insurance Offering for Trucks  May 22nd, 2013 

has expanded its inland marine business with the addition of truck cargo coverage for medium to large-sized trucking operations in North America."We can easily tailor our coverage to meet individual insured needs, including flexible limits for 23 additional coverages, 22 optional endorsements, multiple reporting options and payment plans," said Alexander McGinley, XL Group's vice ...  
 
 
NewsWatch The 10 most truly made-in-America cars  May 22nd, 2013 

Domestic brands have the most American-made content in the U.S. according to a new index released by American University's Kogod School of Business. The index takes into account where each vehicle's parts were produced, but also the location of the manufacturer's headquarters and other details, all in an effort to help consumers buy American. Here are 10 vehicles that made the ...  
 
 
Forbes Earnings Preview Advance Auto Parts  May 22nd, 2013 

when the company reports its first quarter results on Thursday, May 23, 2013. Analysts are expecting earnings per share of $1.61 after the company booked a profit of $1.79 a share a year earlier. Over the past three months, the consensus estimate has fallen from $1.74. For the fiscal year, analysts are projecting earnings of $5.52 per share. Revenue is expected to be $2.01 billion for the ...  
 
 
2013 Scion iQ EV Quick Drive  May 22nd, 2013 
Here's a Scion iQ You'd Actually Want to Buy, Except You Can't 
 
 
2014 Chevrolet Silverado LTZ Crew Cab and LT Z71 Crew Cab First Drive  May 22nd, 2013 
The 2014 Chevrolet Silverado only evolves on the outside. Under the skin, there's a full-on revolution. 
 
 
Building Tomorrow's Toyota  May 22nd, 2013 
We Go Behind Closed Doors to Discover the Future of Toyota 
 
 
2013 Ford C-Max Hybrid SEL Road Test  May 22nd, 2013 
The 2013 Ford C-Max Hybrid SEL goes tire-to-tire with the Toyota Prius V, but does it come out on top? 
 
 
Top 10 Incentives for May  May 22nd, 2013 
Now is the time to buy that car you've had your eye on. 
 
 
2013 Fiat 500c Abarth Quick Drive  May 22nd, 2013 
The 2013 Fiat 500c Abarth loses its top, still rowdy as ever 
 
 
2013 Ford Focus ST Road Test  May 22nd, 2013 
After nearly a decade, the wait is over. Ford's hot hatch is back. 
 
 
2013 Fiat 500e First Drive  May 22nd, 2013 
The 2013 Fiat 500e allows you to bounce around town without using a drop of gasoline 
 
 
2013 Ford C-Max Energi review notes: Debating the price premium of the plug-in  May 22nd, 2013 
ASSOCIATE EDITOR GRAHAM KOZAK: To the people-hauling, errand-running masses, the Ford C-Max's form and function make a lot of sense. 
 
 
California Limo Fire: Spotlight On The Causes Of Car Fires  May 22nd, 2013 
What caused a California limo fire? How common are car fires? Learn more from the auto defect attorneys at Greene Broillet & Wheeler, LLP. Call 866.738.0973. 
 
 
2013 is Year of the Bike in Utah: keep it fun; keep it safe  May 22nd, 2013 
2013 has been declared the Year of the Bike in Utah. Unfortunately, there will always be bicycle accidents, and those when bikes and motorized vehicles collide are especially dangerous, sometimes even fatal, to bikers. 
 
 
Korea Hot Stocks-Auto shares up on hopes of Hyundai weekend output  May 22nd, 2013 

SEOUL | Wed May 22, 2013 12:11am EDT SEOUL May 22 (Reuters) - South Korea's main KOSPI share index was up 0.55 percent at 1992.01 as of 0400 GMT. Stocks on the move on Wednesday include: **AUTO SHARES HIT OVER 1-MONTH-HIGH** Automobile shares reached a more than one-month high, fuelled by a media report that Hyundai Motor may be soon restart weekend production at its biggest factory ...  
 
 
Will Emirates love for environment drive in hybrid cars  May 22nd, 2013 

Manufacturers are waiting for interest in hybrids to grow Hybrid cars are reaching the Gulf in limited numbers. But those who want to do their bit for the environment, or make a statement, will have to dig deep into their resources -- the niche here is dominated by prestige, performance marques such as Porsche, Lexus, BMW and McLaren Automotive.And for now, these companies are not particularly ...  
 
 
Rolls-Royce wins engine order from U.S. lessor CIT  May 22nd, 2013 

LONDON (Reuters) - Britain's Rolls-Royce (RR.L) has won a contract to supply engines to power 23 Airbus (EAD.PA) aircraft ordered by U.S. leasing company CIT Aerospace, it said on Wednesday. Rolls, the world's second-largest maker of aircraft ...  
 
 
Ex-Ford Motor executives charged with Argentina brutalities  May 22nd, 2013 

(40 mins ago) Three former Ford Motor Co executives have been charged with crimes against humanity for allegedly targeting Argentine union workers for kidnapping and torture after the 1976 military coup. All three men are now in their 80s. Their case is part of a new wave of prosecutions focusing on corporate support for the dictators who ran Argentina in 1976-1983, and the 150-page indictment ...  
 
 
Seoul shares end at 7-week high on foreign buying autos  May 22nd, 2013 

Wed May 22, 2013 3:23am EDT * Seoul shares rise as foreign buying extends to 4th day * Auto stocks rally on hopes over union agreement SEOUL May 22 (Reuters) - Seoul shares hit a 7-week closing high on Wednesday on robust foreign investor buying after Federal Reserve officials played down the chances of scaling back the bank's stimulus programme, with rallies in autos further lifting the ...  
 
 
IIHS Shows Behind The Scenes Crash Tests in New Video Series  May 22nd, 2013 
The Insurance Institute for Highway Safety (IIHS) has launched an eight-part series that takes viewers inside the Institute’s Vehicle Research Center in Ruckersville, Virginia. The Institute goes behind the scenes to show how crash test dummies work, and how the IIHS engineers crash and evaluate the safety of every new car, SUV, minivan, and pickups [...] 
 
 
Video: “Fast & Furious” Dodge Daytona Kills Speed With Custom Brembos  May 22nd, 2013 
It’s a matter of physics, really. Massive amounts of horsepower leads to lots of speed. And the more horsepower and speed you have, you’ll need more braking force to safely come to a halt and then do it all over again. On a film set like “Fast & Furious 6,” the take-after-take stop-and-go environment puts [...] 
 
 
Marten Transport to Participate in the KeyBanc Capital Markets Industrial Automotive and Transportation Conference  May 22nd, 2013 

MONDOVI, Wis. -- Marten Transport, Ltd. (Nasdaq:MRTN) announced today that the Company is scheduled to present at the KeyBanc Capital Markets' Industrial, Automotive and Transportation Conference at the InterContinental Boston Hotel in Boston, Massachusetts on Wednesday, May 29, 2013 at 9:00 A.M. Eastern Time.The slides for this presentation will be available in the Investor Relations ...  
 
 
Auto industry makes the case for incentives  May 22nd, 2013 

Linamar Corp. president Linda Hasenfratz said governments should offer incentives to attract new vehicle assembly plants to Canada. (MIKE ...  
 
 
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