The National Highway Traffic Safety Administration’s (NHTSA) main function is to prevent injuries, deaths, and reduce expensive costs due to traffic accidents. Their mission also includes issuing Corporate Average Fuel Economy (CAFE) standards to contribute to energy security and address climate change. Continue reading
Tag Archives: auto industry
New Auto Technology Changes Driving
Today’s consumers love modern automobile technology, and according to a recent I.B.M. study, automobile buyers are increasingly buying vehicles according to the gadgets they contain. This has lead automakers on a race to see who can offer the latest automobile technology. Continue reading
Reborn Toyota Promises Comeback
After battling a turbulent four years, Toyota hopes to leave massive recalls, supply chain problems, and a strong Japanese Yen behind them, in an attempt to get back on track to growth expected before the crises. In 2012, Toyota regained its title as the largest automobile manufacturer Continue reading
Toyota Fined For Recalls
Toyota will be fined the maximum penalty of $17.4 million for the second time since 2010, for failing to report automobile defects in a timely manner. In June of this year, Toyota announced a recall of over one hundred and fifty thousand 2010 Lexus RX350 and 2010 Lexus RX450H vehicles for problems with floor mats that could interfere with the accelerator pedal. Continue reading
Bankrupt Battery Maker A123 Systems Sold
Bankrupt American battery maker, A123 Systems, has been auctioned off to Chinese auto parts maker Wanxiang Group, for $256 million. The sale includes A123’s automotive and commercial operations including three factories in the United States. Continue reading
California Automobile Consumer Recovery Fund
In 2008, as hundreds of California auto dealerships closed down, consumers trading in their old vehicles were often left with two car payments as a result of the dealer not absolving the trade in loan before they went out of business. Continue reading
Lincoln Works To Revive Luxury Brand
Lincoln’s 2013 MKZ midsize sedan, unveiled as a concept car at the Detroit auto show last January, is set to go on sale this month with an extravagant promotional campaign that will include an interactive display and visual presentation at Lincoln Center in New York. Continue reading
Ford Escape And Fusion Lemon Law Alert
Ford has announced a recall for certain 2013 Ford vehicles after thirteen reports of overheating and engine fires. Certain 2013 Escape and 2013 Fusion vehicles equipped with 1.6L turbocharged Eco-boost engines could experience elevated engine temperatures resulting in fluid leaks and a potential fire. Continue reading
