Sales of electric cars draining CVRP bank in California

The Clean Vehicle Rebate Project (CVRP) reports that funding is needed for the five million electric vehicles projected to come online. While that might be a good problem to have, it needs to be addressed. What are the options for balancing the rebate program? Could California offer to pay a dollar rebate or access to [...]

The privileged perks of Carlos Ghosn’s family

If you think Felicity Huffman and Lori Loughlin are having a bad month, Carlos Ghosn is telling them to hold his sake. That's right; not only is Ghosn still in Japan, after 108 days in jail, but there are also now allegations that Nissan paid to send Carlos Ghosn's four children to Stanford University in [...]

Auto loans rising and for longer

Experian has sent out their latest numbers on Q3, 2018 financing, and some are rosy, and some give a glimpse into the future of car-buying. Some of the highlights from the Experian conference are that loans are still way too high, over a trillion dollars a quarter. They are slowing down in growth, but still... [...]

By |2018-12-10T20:10:27-08:00December 10th, 2018|Categories: Auto industry news|0 Comments

E.C.D. AUTOMOTIVE DESIGN DELIVERS the V8 force

E.C.D. AUTOMOTIVE DESIGN DELIVERS NEWEST PROJECT, “THE FORCE,” A CUSTOM D130 WITH AN AGGRESSIVE PRESENCE POWERED BY AN LS3 V8 PRODUCING 565-BHP KISSIMMEE, FL – November 15, 2018 – E.C.D. Automotive Design delivers a bold, yet aggressive custom D130, project name, “The Force.” This D130 was designed with off-road adventures in mind with features such [...]

By |2018-12-02T20:16:29-08:00November 2nd, 2018|Categories: Auto industry news|0 Comments

Cars that are lighter, faster and more fuel-efficient

There are many reasons to make a car lighter including power-to-weight ratio that makes you go faster and have more fun. Another reason would be less costly if you are taking parts out of the vehicle. The number one reason to make cars lighter these days is for fuel-efficiency. Car companies are under siege to [...]

By |2020-06-23T14:39:57-07:00October 25th, 2018|Categories: Auto industry news|Tags: |0 Comments

Cars that are mentioned the most in music by Musicians

Musicians and Cars Oh Lord, won't you buy me a Mercedes-Benz my friends all drive Porsches I must make amends. ~ Janis Joplin For generations, musicians have been singing about cars. GoldEagle.com used information from the lyrics.com database and put together the number of times a vehicle was mentioned and found the most mentioned car, [...]

By |2020-04-04T14:11:45-07:00October 6th, 2018|Categories: Auto industry news, Celebrities|Tags: |0 Comments

California’s Brown blocks Trump offshore drilling

SACRAMENTO – Governor Edmund G. Brown Jr. today signed legislation – SB 834 by Senator Hannah-Beth Jackson (D-Santa Barbara) and AB 1775 by Assemblymember Al Muratsuchi (D-Torrance) – to block new federal offshore oil drilling along California’s coast, and announced the state’s opposition to the federal government’s plan to expand oil drilling on public lands [...]

By |2018-09-10T18:34:01-07:00September 10th, 2018|Categories: #climatechange, Auto industry news, California|Tags: |0 Comments

State of the Automotive Finance Market

* Second quarter 2018 continues a series of record highs for loan balances with credit unions maintaining double-digit growth - New monthly payments hit $525 hitting an all-time high! Record highs are reported by Experian for average used vehicle loan amounts. • Overall delinquency improves driven by reductions in the credit union and finance company [...]

By |2018-09-10T17:22:01-07:00September 10th, 2018|Categories: Auto industry news|Tags: |0 Comments

California legislature to strengthen car dealer franchise laws

SACRAMENTO, CA – The California New Car Dealers Association, representing more than 1,150 new car dealers statewide, has achieved a significant milestone in its aggressive efforts to strengthen and update California’s new motor vehicle franchise laws. In the final hours of the 2018 legislative session, AB 2107, authored by Assemblymember Eloise Reyes (D-San Bernardino), received [...]

By |2018-08-31T11:45:24-07:00August 31st, 2018|Categories: Auto industry news, Politics|Tags: |0 Comments
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