Month: January 2021

Way back in 2015, Congress passed the Low Volume Motor Vehicle Manufacturers Act (LVMVMA). It required the National Highway Transportation Safety Administration (NHTSA) to come up with guidelines to allow certain small vehicle manufacturers (those that sell less than 5,000 vehicles globally per year) a path toward producing turn-key replicas, instead of kit cars, in a
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TOKYO — Toyota is putting a small electric vehicle on the roads of Japan with an innovative design for handling the country’s narrow, winding streets and urban commuting needs. The C+Pod, launched Dec. 25, measures just 8 feet, 2 inches long and 4 feet, 3 inches wide, delivering an ultratight turning radius of 12 feet,
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PARIS — Renault’s future full-electric small cars will use a modified version of the Renault-Nissan Alliance’s CMF-B platform, including the reborn Renault 5 and a new model to come from high-performance brand Alpine, CEO Luca de Meo said.  The news about the architecture – which Renault calls CMF-B EV — answers one question about the group’s
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Electric vehicle owners will consider purchasing another EV in the future based on their ownership satisfaction, according to J.D. Power’s first Electric Vehicle Experience Ownership Study, released Thursday. The study found that the likelihood of EV owners purchasing the same brand lessens as satisfaction declines. Owners with satisfaction scores from 600 to 750 points are
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The 2021 Mazda CX-3 is a small but well-equipped crossover available in only base Sport trim. What kind of vehicle is the 2021 Mazda CX-3? What does it compare to? The Mazda CX-3 small crossover SUV is more like a subcompact hatchback. Smaller than the Mazda CX-30, it competes with the Chevy Trax, Hyundai Venue,
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BMW has created a handful of pickups over the years, but this two-tone monstrosity certainly isn’t one of them. Based on the second-generation Dodge Dakota, this BMW-ified pickup isn’t going to win any beauty contests thanks to its jarring green and silver paint job. However, that isn’t what makes this truck interesting as a twin
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MEXICO CITY — Mexico’s government said Friday it has approved a request by 12 automotive companies for additional time to meet new regional content requirements under the North American trade agreement that came into force in July. The economy ministry said in a statement that under the United States-Mexico-Canada-Agreement, companies could request a so-called alternative
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DETROIT — Ally Financial Inc. reported Friday an 82 percent jump in fourth-quarter net income driven by fewer reserves for credit losses and $1 billion growth in auto originations. Ally, one of the largest U.S. auto lenders, reported net income of $687 million. Fourth-quarter adjusted earnings per share of $1.60 were the highest in company
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Ford’s adding to its pickup truck portfolio with the upcoming 2022 Maverick. Positioned below the midsize Ranger in the Blue Oval’s truck hierarchy, the Maverick is due to ride on the unibody bones that underpin the Escape and Bronco Sport SUVs. While the Maverick will serve as Ford’s smallest pickup option, it’ll still likely sit on
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What kind of vehicle is the 2021 Mini Countryman? What does it compare to? The 2021 Mini Countryman small crossover SUV is the largest Mini offering for the U.S. It competes with its parent company’s BMW X1 and X2, as well as the Audi Q3 and Volvo XC40.  Is the 2021 Mini Countryman a good
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One thing Steve Rowley said he noticed when he joined the auto industry last summer after more than three decades in telecommunications was how similar the two industries are. New technology is creating innovation, he said. The industry is competitive. And it’s in growth mode. Rowley, 55, will draw on skill sets developed in the
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Vehicle listings company CarGurus promoted CFO Jason Trevisan to CEO as founder and former CEO Langley Steinert steps back from the top role to focus on product and strategy. Steinert, 57, will stay on at the company as CarGurus’ executive chairman, the Cambridge, Mass., company said Thursday, but will no longer lead its day-to-day operations.
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