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Big auto lender only checked 8% of applicants’ incomes – CNNMoney

Nearly 107 million Americans have an auto loan. It’s a record high, and there are growing concerns that many people who obtained their car loans couldn’t really can’t afford them. ‘; for (i = 0; i 4) { afterParagraphFour = true; } currentParagraph = storytext.childNodes[i]; heights += currentParagraph.clientHeight; if (heights >= limit && insertAfterThisParagraphIndex === -1) { insertAfterThisParagraphIndex = SMARTASSET.setDivIndex(i); console.log(“insert after paragraph number ” + i); console.log(“HEIGHTS = ”…

Posted: Saturday, May 27, 2017

BMW confirms M8 GTE for 2018 – FOXSports.com

BMW has confirmed that its 2018 GTE contender will be based on the new M8 model, as the German manufacturer ramps up for a dual championship factory GT program next year. A fully camouflaged, early prototype of the production car (pictured above) was unveiled during a driving event at the Nürburgring on Saturday, ahead of this afternoon’s 24-hour race. It comes just days after images of the new 8-series concept…

Posted: Saturday, May 27, 2017

Is the BMW M8 is Worth the Wait? – Automobile

Say hello to the BMW M8. Although it’s still under wraps — literally, this latest Bavarian beauty was crafted along side the all-new 8 Series Concept that made its stunning debut earlier this week in Milan, Italy. BMW is tight lipped on all the details; but we are told that this fully camouflaged BMW M8 prototype “will be unveiled in a driving presentation as part of the support program for…

Posted: Saturday, May 27, 2017

Off-lease used cars are flooding market, pushing prices down – USA TODAY

Used Infiniti Q50 luxury sedans await buyers at a dealership in the Detroit suburb of Novi, Mich. Leases are ending on a large number of Q50s and other cars, flooding the market with quality used cars.(Photo: Tom Krisher, AP) DETROIT — In 2014, Infiniti leased more than 28,000 Q50 luxury sedans for as little as $329 per month in a growing U.S. market. The leases accounted for more than three-quarters…

Posted: Saturday, May 27, 2017

BMW’s new concept motorcycle looks like it belongs in Blade … – The Verge

BMW’s motorcycle division has shown off a new concept bike called the BMW Motorrad Concept Link. And while it’s far more tame than the BMW Motorrad Vision Next 100 concept that the company flaunted last year, it’s a much more realistic take on what the near-future of Beemers could look like. That starts with how the Concept Link is an all-electric vehicle. BMW positions the bike as a representation of…

Posted: Saturday, May 27, 2017

BMW’s new concept motorcycle looks like it belongs in Blade Runner – The Verge

BMW’s motorcycle division has shown off a new concept bike called the BMW Motorrad Concept Link. And while it’s far more tame than the BMW Motorrad Vision Next 100 concept that the company flaunted last year, it’s a much more realistic take on what the near-future of Beemers could look like. That starts with how the Concept Link is an all-electric vehicle. BMW positions the bike as a representation of…

Posted: Saturday, May 27, 2017

Don’t call BMW’s futuristic new concept motorbike a scooter – TechCrunch

This looks like a scooter, but it’s actually the BMW Motorrad Concept Link, the latest in BMW’s series of exhaustingly named Motorrad concept vehicles, which imagine a not-so distant future in which we all travel around in angular, sci-fi style. The Link offers an electric drive, which makes possible the lower seat that BMW says facilitates easily getting on and off the vehicle. It has a reverse gear, which is…

Posted: Friday, May 26, 2017

BMW, Mercedes Become Latest Carmakers Caught in Trump Crossfire – Bloomberg

BMW, Mercedes-Benz and VW are getting their turn in the crosshairs of U.S. President Donald Trump, who’s making a habit out of attacking the visible — and free trade-dependent — auto industry. “The Germans are bad, very bad,” Der Spiegel cited Trump as saying to unidentified participants at a closed-door meeting Thursday with European Union officials in Brussels. “Look at the millions of cars that they sell in the U.S….

Posted: Friday, May 26, 2017

BMW recalls more than 45000 older 7-Series cars because doors can fly open – CNBC

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Posted: Friday, May 26, 2017

Trump reportedly calls Germans ‘very bad’, threatens to end German car sales – CNBC

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Posted: Friday, May 26, 2017

New Ford CEO relies on veterans to reboot profits – Reuters

BENGALURU/DETROIT Ford Motor Co (F.N) on Thursday reshuffled senior management and brought back a former executive from Uber Technologies Inc, signaling its new chief executive officer will rely on tested company veterans to turn Ford around rather than outside talent. James Hackett, named CEO on Monday, has said he wants to streamline Ford’s hierarchy and speed up decision-making, as the No. 2 U.S. automaker faces threats from Silicon Valley’s self-driving…

Posted: Friday, May 26, 2017

GM is latest automaker accused of diesel emissions cheating – CNNMoney

General Motors is the latest automaker to be accused of designing a diesel engine that can cheat on emissions testing. A civil lawsuit filed in federal court in Michigan on Thursday claims the diesel versions of the Chevrolet Silverado and GMC Sierra pickups produce higher levels of nitrous oxide when they are being driven than during tests. The suit says 700,000 of the trucks are on U.S. roads.

Posted: Friday, May 26, 2017

Honda Civic Si Added To Lineup For Enthusiast Small Car Buyers – Forbes

Source: George Peterson

Posted: Friday, May 26, 2017

Chevrolet is official vehicle of Little Caesars Arena – The Detroit News

The sponsorship includes Chevrolet branding on the arena’s northeast entrance along Woodward Avenue at the QLine stop, with interior features, and Chevrolet Plaza, an outdoor event space on the arena’s west side that will include a large video screen for concert and community programs.(Photo: GM) General Motors Co. said Thursday it has inked a deal with Olympia Entertainment to make Chevrolet the official vehicle brand of Little Caesars Arena. The…

Posted: Friday, May 26, 2017

Ford follows CEO switch with leadership restructuring – News Chief

By Eric D. LawrenceDetroit Free Press DETROIT — Days after introducing a new CEO, Ford Motor Co. announced a new leadership team. In a news release Thursday morning, new CEO Jim Hackett described the changes as showing the company’s efforts to, among other things, speed up decision-making. “The leadership changes we are announcing today across our global business are important as we foster even greater teamwork,…

Posted: Friday, May 26, 2017

These are the safest cars on the road – CNNMoney

Cars are getting safer. A new report identified 11 different car and SUV models in which no one died over a four year period. That’s the highest number of models without a single fatality ever recorded by this survey. The report, from the Insurance Institute for Highway Safety, looks at federal government auto fatality data from 2012 through 2015. These were the safest vehicles: Audi Q7 SUV Volkswagen (VLKAF) Tiguan…

Posted: Friday, May 26, 2017

Electric cars becoming popular as grid gets greener – Salon

KNOXVILLE, TENN. — The amount of heat-trapping pollution that’s released every time Bill Williams drives his electric sedan a mile down a road here has fallen by about a quarter in the three years since he bought it. Williams’ car hasn’t changed, but the electricity that powers it has. In Tennessee, power once generated overwhelmingly by coal has given way to more nuclear and natural gas power. With the rising number…

Posted: Friday, May 26, 2017

The Best Thing That Can Happen To Electric Cars Is What Happened To PCs In The 1990s – Jalopnik

At this moment, the idea that we’re on the brink of electric cars becoming cheaper to build than combustion cars is getting a lot of traction, along with the idea that EVs will be as cheap to own as the loud kind of car even sooner. These are important developments, and while it’s potentially good news for consumers, it’s not enough. The ideal model for electric vehicles should be similar…

Posted: Thursday, May 25, 2017

What Self-Driving Cars See – New York Times

Posted: Thursday, May 25, 2017

BMW plans for a future where nobody buys cars – CNNMoney

BMW has turned Seattle into a testbed for how car companies can stay relevant in changing times. The German carmaker is experimenting with a range of mobility services to try to connect with people uninterested in buying a car. BMW isn’t the first automaker to embrace trends like ride-sharing and mobility apps. Competitors such as Daimler (DDAIF) and GM (GM) operate car-sharing services. But BMW’s tests in Seattle are unique…

Posted: Thursday, May 25, 2017