Automobile leasing has traditionally been used by high end automakers as a way of making their vehicles more accessible for consumers. High used car prices, low interest rates and Americans’ tendency to buy vehicles based on monthly payments, now has automakers using the strategy to sell more moderately priced vehicles as well. This selling tactic has resulted in strong sales with leases accounting for approximately 26 percent of new vehicles purchased, the highest it has been since 2007. Continue reading

Criticisms against the reported fuel economy on Fords C-Max hybrid vehicles has led the automobile manufacturer to restate the cars mileage ratings and issue special payments to people who bought the vehicle. Earlier this year, controversy over inaccurate fuel economy ratings led some manufacturers to suggest the problem is in how the government ratings are calculated. They say the Environmental Protection Agency (EPA) labels do not require separate fuel rating tests for vehicles that share the same engine, transmission and weight class, but because of things like aerodynamic design, the fuel economy is not always identical. The mileage can also be affected by driving habits and weather conditions. Continue reading