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First Renderings of 2015 Chevrolet Corvette Convertible Hit the Internet  Jan 17th, 2013 
The automotive interwebs are abuzz from the appearance of two images of the 2015 Chevrolet Corvette convertible that many are saying are the real deal. We’re not so convinced—the images, which first appeared on The Auto Insider, certainly appear to be photographs of a real car, and the license-plate cover even reads “GM Design.” But [...] 
 
 
Used Car, Gasoline Prices Decline  Jan 17th, 2013 

gasprices2Used-car prices declined in December, according to the U.S. Bureau of Labor Statistics.

The overall Consumer Price Index was unchanged in December on a seasonally adjusted basis.

 
 
 
GM Financial Offers $1 Billion of Notes  Jan 17th, 2013 

gmGeneral Motors Financial Company Inc. announced the pricing of a $1 billion offering of automobile receivables-backed securities.

GM Financial uses net proceeds from securitization transactions for long-term financing of its receivables.

 
 
 
NAC Strikes Deal with PE Firm  Jan 17th, 2013 

nacNAC announces the successful completion of its recapitalization with Trivest Partners, a private equity firm.

With the addition of Trivest as the company's primary investor and partner, the newly capitalized company is focused on aggressive growth and further enhancement of the administration, vehicle service agreement products and technology tools NAC provides.

 
 
 
Consultant Adds Dealer Service  Jan 17th, 2013 

maritz_research2Maritz, known for its performance improvement programs and work with most automotive brands such as BMW, Chrysler, Ford, GM, Honda, Nissan, Toyota and Volkswagen, is taking its expertise directly to the dealer market.

 
 
 
Confirmed: Audi Planning Diesel-Hybrid Supercar Above R8  Jan 17th, 2013 
Audi is planning a halo supercar above the R8 that’s intended to better show off the connection between Audi’s Le Mans dominance and its production cars. The new halo product will be a diesel-hybrid — just like the Le Mans-winning R18 and its predecessors — and will compete with hypercars like the Porsche 918 Spyder, [...] 
 
 
2013 Ford Fusion Energi PHEV Has 620-Mile Full Range, 21-Mile EV Range  Jan 17th, 2013 
We now have the missing piece in the puzzle of the 2013 Ford Fusion Energi PHEV’s spec sheet – the sedan has finally received range estimates. The Fusion Energi will go 21 miles on electric-only power and a whopping 620 miles from a fully-charged battery and full tank of gas. We already had the official [...] 
 
 
China issues return conditions for household-use cars  Jan 17th, 2013 

China issues return conditions for household-use cars,the Regulation on the Responsibility Involving Repairing, Replacing and Returning of Household-use Vehicles,"three ...  
 
 
2014 Chevrolet Corvette Stingray heads back to New York City for its homecoming  Jan 17th, 2013 

New York City 60 years after its launch at the famed Waldorf Astoria Hotel on January 17, 1953. The occasion will be especially symbolic for the nameplate, with the arrival of the all-new, ...  
 
 
Fraudsters jailed for €920m fraud against AIB involving luxury yachts lavish property and fleet of cars  Jan 17th, 2013 

TWO fraudsters have been jailed for conspiring to swindle Allied Irish Banks out of €920m. Achilleas Kallakis and Alexander Williams, both 44 and from London, tried to defraud AIB and Bank of ...  
 
 
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