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Saab halts warranty coverage
Tue, 20 Dec 2011Saab has suspended warranty coverage on all of its vehicles in North America. Additionally, new vehicles must be sold "as is," the bankrupt Swedish automaker told its dealers. However, General Motors, Saab's former owner, said Tuesday it would honor warranties on all models sold when it owned the Swedish automaker.
New Honda NSX WILL debut at Detroit 2012
Mon, 12 Dec 2011New Honda NSX will debut at Detroit Acura in the US has revealed it will debut the new Honda NSX Concept at the Detroit Auto Show in January 2012. We reported just over a week ago that it was starting to look very likely that the new Honda NSX would bow in as a concept at the Detroit Auto Show in January 2012. And now Acura US – Honda’s posh brand in the States – has confirmed the NSX will arrive as expected.
New CAFE proposal would add $5,000 to sticker price, dealer group says
Wed, 18 Jan 2012An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.
