The Trump Administration continues to try to weaken federal greenhouse gas (GHG) and corporate average fuel economy (CAFE) standards for the nation’s light-duty vehicle fleet. In the face of adversity from the government, nine States have reaffirmed that they support the implementation of the Multi-State Zero Emission Vehicle (ZEV) Action Plan for 2018-2021. “These nine [...]
Listen as John Batchelor and Wall Street Journal's Mary Kissel talks about Tesla death watch 2.0 and why BMW pays 2.5 percent import fees when coming to the United States versus General Motors paying 25 percent when selling cars exported to Europe. Tesla - The company known for making products of the future is once [...]
Auto loans are at an all-time high, up year-over-year to $1,108 TRILLION for the first quarter of 2018, according to Experian. The good news is that the deep sub-prime and sub-prime have reduced year-over-year. Deep subprime, is defined as a FICO score below 300-500 by Experian, and subprime is a FICO score of 501-600. [...]
"We are in an era of transformation. I would argue that transformation is impacting the auto industry more than any other (industry). The automotive industry is currently the epicenter of innovation. Autonomous vehicles, electrified mobility, and ubiquitous connectivity are expected to transform the entire concept of transportation." Mike Mansuetti, president of Robert Bosch LLC There [...]