| Sonata Sings a New Tune: All-New 2015 Model Pricing Starts at $21,960 |
May 22nd, 2014 |
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Hyundai announced a base price of $21,960 today for the all-new 2015 Sonata, and while the car itself may be named for a musical movement, Hyundai seems to be more in the mood for a tap dance as there’s been considerable shuffling of models and content. Last year’s five trim levels are consolidated to four—SE, […]
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| Watch: Beached Semi Truck Rescued from Sand by Lone Ford F-150 |
May 22nd, 2014 |
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Beaches end up with a lot of huge things stuck on them. Whales come to mind, as do ships that have run aground. But what about a semi tractor? While we have no idea why one of those would be on a beach—the party-hearty rep of South Padre Island, the scene of this incident, might […]
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| Auto Loan Debt Reaches Three-Year Mark, Delinquencies Remain Low |
May 22nd, 2014 |
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Since 2011, auto loan debt per borrower has increased 13%, according to Transunion. The firm also reported that delinquencies experienced a sharp drop from 2013's end-of-year quarter.
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| Exeter Finance Corp. Announces $500 Million Securitization |
May 22nd, 2014 |
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Exeter Finance Corp. announced that EFCAR LLC, a wholly owned subsidiary of Exeter, priced $500 million in aggregate principal amount Series 2014-2 automobile receivable backed notes, which will be issued in four separate tranches.
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| JD Power, LMC Expect Strong Sales This Memorial Day Weekend |
May 22nd, 2014 |
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J.D. Power and LMC Automotive predict the industry will record its highest selling rate this year during May, thanks to anticipated strong sales over the Memorial Day weekend.
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| Experian: 60-Day Loan Delinquencies Rise in 22 States |
May 22nd, 2014 |
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While 60-day automotive loan delinquencies fell nationally, 22 states experienced increases. The sharpest increase occurred in Delaware, where delinquencies jumped by nearly 10%.
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| NADA: U.S. Dealers Employ More than 1 Million People |
May 22nd, 2014 |
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The number of people employed by the automotive retail industry topped the 1 million-person mark last year, with the average new-car dealership employing, on average, 57 people, the NADA reports.
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| 2015 Infiniti QX50 and QX70 Priced |
May 22nd, 2014 |
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Infiniti eliminates V-8 engines from the QX70 lineup.
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| Study: Toyota Is Most Valuable Car Brand Worldwide |
May 22nd, 2014 |
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One study ranks Toyota as the most valuable car brand.
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| #TBT to Our Original Test of the First Mazda MX-5 Miata |
May 22nd, 2014 |
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There’s a certain amount of suspense built into most of our road tests. We introduce the unproven nominee, review the particulars, let the tension build to maximum effect, and then—the envelope please!—hand out the laurels or the thorns. But this time we’re going to reveal our frank and impartial assessment right up front: if the […]
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