US Automotive News

2020 Ford Bronco Will Have a 325-HP Turbocharged V-6, Report Says – The Drive

Around the beginning of the year, details on the new 2020 Ford Bronco started to trickle out of Ford. Information has since remained sparse, but we did learn the new vehicle will be somewhere in between the size of the O.G. Bronco and the Bronco II, and built on a version of the new Ranger’s platform. It will get a special off-road variant to combat the Jeep Wrangler Unlimited, and…

Posted: Wednesday, July 19, 2017

The Broad announces on-sale date for tickets to ‘Yayoi Kusama: Infinity Mirrors’ – Los Angeles Times

Yayoi Kusama fans, stick close to a computer on Sept. 1. That’s when the Broad museum plans to release tickets for the highly anticipated exhibition “Yayoi Kusama: Infinity Mirrors,” opening Oct. 21. Rather than release advance tickets month to month, as the Broad has done before, the contemporary art museum will release all tickets — about 50,000, for the entire Kusama run — at noon on Sept. 1. The show,…

Posted: Monday, July 17, 2017

UK senior lawmakers call on government to release Toyota investment reassurances – Reuters

LONDON (Reuters) – Two British parliamentary committees said on Monday that the government should reveal what post-Brexit reassurances it offered Japanese carmaker Toyota (7203.T) ahead of a 240-million pound ($313 million) investment in its English car plant. On Friday, Reuters cited two sources saying that Britain had helped to secure an investment in the firm’s Burnaston car plant with a letter reassuring the Japanese automaker over future trading arrangements. The…

Posted: Monday, July 17, 2017

New US Subprime Boom, Same Old Sins: Auto Defaults Are Soaring – Bloomberg

It’s classic subprime: hasty loans, rapid defaults, and, at times, outright fraud. Only this isn’t the U.S. housing market circa 2007. It’s the U.S. auto industry circa 2017. A decade after the mortgage debacle, the financial industry has embraced another type of subprime debt: auto loans. And, like last time, the risks are spreading as they’re bundled into securities for investors worldwide. Subprime car loans have been around for ages,…

Posted: Monday, July 17, 2017

8 Reasons Now Is The Time To Buy Ford – Seeking Alpha

Despite the Trump rally, Ford’s (NYSE:F) stock continues to slump and is slightly down year-to-date. While Ford’s first quarter results showed some weakness, Ford’s stock currently trades at rock-bottom levels and is a good buy in my opinion. Out of the 8 reasons I list below, the two-stage discounted cash flow analysis is the most compelling. Even in what seems to be a worst-case scenario, Ford’s stock still exhibits upside…

Posted: Monday, July 17, 2017

Avengers: Infinity War trailer – what does it reveal about Marvel’s superhero-packed epic? – Telegraph.co.uk

The second wildest audience reaction at Disney’s D23 Expo this year came when Kevin Feige, the head of Marvel Studios, called 15 cast members from Avengers: Infinity War on stage. The wildest, which came around four minutes later, was in response to what their superhuman alter egos had been up to.  “Almost every single hero we’ve ever introduced is going to be in that film,” Feige pledged, and the brief…

Posted: Monday, July 17, 2017

Whatever Happened To … the front-page Ford plant worker – Virginian-Pilot

CHESAPEAKE It was a powerful portrait of despair splashed across the front page: An auto worker clutching the Norfolk Ford plant’s chain-link fence, arms spread wide as his body sagged and head hung low. The crucifixion of America’s manufacturing everyman. But Richard White also spoke that day about the bombshell announcement the Ford Motor Co. had just made: Within two years, the automaker would close…

Posted: Monday, July 17, 2017

Avengers Infinity War trailer shown at D23, description emerges online – The Independent

Since 2008, Marvel has been building their huge cinematic universe, introducing dozens of comic-book characters to the world — ranging from rich billionaire philanthropists to talking raccoons.  With Avengers: Infinity War, all that has come before will implode into two huge blockbusters (including the as-yet-untitled fourth Avengers). At Disney’s fan convention over the weekend, D23, some footage from the upcoming Russo-brother directed film was shown, descriptions of which have reached…

Posted: Monday, July 17, 2017

$1 million in marijuana found in brand new Ford Fusions – CNN

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Posted: Monday, July 17, 2017

‘Infinity Wars’ upstages ‘Star Wars’ at star-studded fan expo – Fox News

A hair-raising teaser trailer for “Avengers: Infinity War” stole the show at the star-studded presentation of the Walt Disney Studios upcoming live-action films at the studios’ fan convention D23, upstaging even “Star Wars: The Last Jedi,” Oprah Winfrey and Mary Poppins. “Star Wars” fans did get a little morsel of footage in a behind-the-scenes featurette from the upcoming space saga and a lively panel with the film’s writer-director Rian Johnson and…

Posted: Monday, July 17, 2017

Understanding the Colorful World of Automotive Paint – ConsumerReports.org

Posted: Saturday, July 15, 2017

Honda recalls 2.1 million Accords over battery sensors – OregonLive.com

Honda is recalling about 2.1 million Accord cars worldwide, including 1.15 million in the United States, because the battery sensors can potentially short out and cause a fire. The recall covers vehicles from the 2013-16 model years with 12-volt battery sensors. The sensors may not be sealed enough against moisture, which in time can let in salt from roads and lead to “corrosion and eventual electrical shorting of the sensor,”…

Posted: Saturday, July 15, 2017

Fiat Chrysler recalls 1.3 million vehicles over fire risk and wiring problems – Los Angeles Times

Fiat Chrysler Automobiles announced a recall of 1.3 million vehicles Friday in two campaigns to replace faulty alternators because of fire risks and fix wiring problems that could cause air bags to deploy. To replace the alternators, the Italian American automaker recalled about 566,000 vehicles worldwide, 442,000 of them in the United States. That recall covers certain Chrysler 300 and Dodge Charger sedans, Dodge Challenger coupes, Dodge Durango SUVs, all…

Posted: Saturday, July 15, 2017

Honda recalls 2.1 million Accords worldwide, citing risk of engine fire – PBS NewsHour

Japanese automaker Honda Motor Co is recalling an estimated 2.1 million Accord models worldwide because of defects in the vehicle’s battery system that cause engines to light on fire. Photo by REUTERS/Paul Vernon. Japanese automaker Honda Motor Co is recalling an estimated 2.1 million Accord models worldwide because of defects in the vehicle’s battery system that cause engines to light on fire. The recall affects 1.15 million cars in the…

Posted: Saturday, July 15, 2017

Business Briefs: Alternator, wiring causes Fiat recall – Chattanooga Times Free Press

First Tennessee boosts net income The parent company of First Tennessee Bank boosted its second quarter earnings by 61 percent from a year ago, increasing net income for common shareholders to $90.8 million, or 39 cents per share. First Horizon National Corp., the biggest banking firm in Chattanooga and across Tennessee, said earnings, adjusted for non-recurring gains, came to 27 cents per share. The results topped…

Posted: Saturday, July 15, 2017

GM teams up with Uber to expand Maven program to Australia – Reuters

SYDNEY (Reuters) – General Motors Co (GM.N) said on Saturday it was testing its car-sharing operation, Maven, in Australia through a pilot program with ride-hailing company Uber Technologies Inc [UBER.UL]. The leasing agreement will allow Uber drivers to rent cars produced by GM’s Australian manufacturer GM Holden, the company said. “We are testing the adoption of one Maven product – Maven Gig – in Australia through a pilot program in…

Posted: Saturday, July 15, 2017

2017 Mazda CX-5: Boring is beautiful – Los Angeles Times

Please don’t hate me for saying so, but the Mazda CX-5 is one of the dullest cars on the road. In terms of styling, performance and technology, it’s just … plain. No fireworks. No fanfare. No drama. No one is going to slide up to you at a red light and say, “Hey, man, is that the new CX-5?” No one is going to stop you in the parking lot…

Posted: Saturday, July 15, 2017

GM’s judgment day: How two Venezuelan car dealers seized an auto factory – Reuters

CARACAS (Reuters) – Venezuela’s government has seized assets from dozens of foreign corporations in nationalizations by the late President Hugo Chavez and the embattled current government of Nicolas Maduro. The man behind the confiscation of General Motors Co’s $100 million assembly plant in April is a much more obscure figure: Kaled Kansao, the owner of two long-defunct GM dealerships. Kansao convinced a court to seize the plant as the remedy…

Posted: Thursday, July 13, 2017

Mazda Goes Its Own Way To Gain Traction As Small Player in Changing US Market – Forbes

Mazda is attempting a unique straddling strategy to survive as a small brand in a U.S. market that has reached a number of inflection points. It’s an approach to product development, sales and marketing that combines hedging Mazda’s bets — and being downright contrarian in places. The No. 12-selling marque in America is highlighting the importance of the driving experience at a time when most of its rivals are scrambling to be…

Posted: Wednesday, July 12, 2017

This Is How Toyota Plans to Spend $100 Million on AI – Fortune

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Posted: Wednesday, July 12, 2017