Auto industry news

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 |2018-10-26T08:15:12-07:00October 25th, 2018|Categories: Auto industry news|Tags: |0 Comments

Cars that are mentioned the most in music by Musicians

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 genre and [...]

By |2018-10-06T01:48:46-07:00October 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

Top 10 States With the Highest Auto Loan Delinquencies

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. [...]

By |2018-06-01T06:09:28-07:00May 31st, 2018|Categories: Auto industry news|Tags: |0 Comments

Gov. Brown on CARB – to the Sun and back

CARB celebrates 50 years of more emissions * Californians drove almost 335 Billion miles last year * historic agreement (now known as CARB) was between California's Republican Governor Reagan and the United States Republican President, Richard Nixon * Henry Ford II came out to California to complain about not being able to meet the standard [...]

Former-Ford Exec now CEO of GKN Plc amid turmoil

Whoa, someone call Shonda Rhimes. There has to be a backstory to this that is worthy of the screenwriter that has mastered the television show, Scandal. Let's look at this in a way only Rhimes could. The press release from GKN was direct, "Kevin Cummings, previously CEO Designate, will leave the Board and GKN with [...]