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GM hires law firms it works with to probe recall response – Reuters

Posted: Tuesday, March 11, 2014

DETROIT (Reuters) – General Motors hired two law firms with ties to the automaker to look into its recall of cars blamed for 13 deaths, and a Congressional committee said it would also investigate the company’s response to a defect that first came to light a decade ago. The internal probe will be led by Jenner & Block Chairman Anton “Tony” Valukas, who investigated Lehman Brothers after the financial services…

Demand for i8 hybrid outstrips initial production run: BMW – Economic Times

Posted: Tuesday, March 11, 2014

To give the carbon fibre car an operating range of up to 600 kilometres (373 miles), the 362-horsepower i8 is powered by a hybrid system. FRANKFURT: Germany’s BMW said it saw strong demand for the i8 hybrid sportscar which will go into series production in April and start customer deliveries in June. “Demand for the BMW i8 is already exceeding the planned production volume during ramp-up,” BMW said in a…

Is Cars.com Really a Great Place to Find a Vehicle? – Businessweek

Posted: Tuesday, March 11, 2014

A coalition of five newspaper companies has put a “for sale” sign on the window of Cars.com. The website, started in 1998, has been a rare dot-com success for the long-suffering, ink-fueled newspaper industry. It’s an impressive platform built around a massive inventory of new and used car listings alongside financial calculators, dealership reviews, and buying guides. Looking for a Ford F150 within 10 miles of midtown Manhattan? Cars.com finds…

2014 Scion FR-S – CNNMoney

Posted: Tuesday, March 11, 2014

Video – Driving the Scion FR-S There are plenty of great cars available on luxury dealers’ lots. Harder to find are really great, fun cars at prices starting below $25,000. The car critics at Kelley Blue Book chose these as their 10 favorite cars at below-average prices. The Scion FR-S, a bare-bones rear-wheel-drive sports car designed and engineered by Toyota and Subaru, takes the top spot in this list for…

Market for High-End Cars Draws a Crowd – New York Times

Posted: Tuesday, March 11, 2014

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Classified Ventures to sell Cars.com – Chicago Tribune

Posted: Tuesday, March 11, 2014

One week after selling Apartments.com, Chicago-based Classified Ventures has put Cars.com on the block. Sources confirmed Monday that Classified Ventures has retained New York-based investment bank Moelis & Company LLC to assist with the sale of Cars.com. The Wall Street Journal reported Sunday that the online auto classifieds website may be priced as high as $3 billion, citing people familiar with the plans. Selling Cars.com would essentially dissolve…

Automobile Engine & Parts Manufacturing in Canada Industry Market Research Report Now Available from IBISWorld

Posted: Friday, February 28, 2014

Industry operators will face several obstacles, including automakers manufacturing engines and parts in house, as opposed to using a third party, and a growing trend toward establishing a manufacturing presence in Mexico to take advantage of more affordable labour. For these reasons, industry research firm IBISWorld has added a report on the Automobile Engine & Parts Manufacturing industry to its growing industry report collection. Over the five years to 2013,…

Auto Parts Price Fixing: Executives Agree To Prison Time For Shafting Ford, Toyota And Subaru On Ignition Coils To Cars Made In US

Posted: Friday, February 28, 2014

The U.S. Department of Justice announced on Friday the latest in a yearlong series of investigations and hearings: Two former Japanese auto executives have pleaded guilty and agreed to prison time for dishonest pricing of parts used by Ford Motor Co. (NYSE:F); Toyota Motor Corp. (TYO:7203); and Fuji Heavy Industries (TYO:7270), the company that owns the Subaru brand. Shigehiko Ikenaga and Tatsuo Ikenaga, the former president and vice president of…

Used 4BT Engines Added to Cummins 3.9 Inventory by Auto Parts Retailer Online

Posted: Friday, February 28, 2014

The increased production of consumer vehicles featuring diesel engines in the North American market has renewed interest in the second hand parts market. The Auto Pros USA company is now expanding its parts resources to buyers by including used 4BT engines inside its Cummins inventory online athttp://autoprosusa.com/used-4bt-engines-sale. This upgrade to the diesel engines inventory online is now presenting 3.9L displacement Cummins engines in used condition to buyers at a low…

Ford Motor Company : Used 5R55E Transmission Now for Sale at Used Parts Retailer Website for U.S. Ford Parts Buyers

Posted: Friday, February 28, 2014

Replacement auto parts manufactured by top automakers are not always easy to find without going direct to dealerships to find parts. The Auto Pros USA company is now including more Ford Motor Company parts inventory in used condition online. This company has added used 5R55E transmission inventory for sale at http://autoprosusa.net/used-5r55e-transmission. The acquisition of these five-speed reverse mounted transmissions is expected to attract more buyers of truck and SUV parts online. The inclusion of…

Two former top auto parts execs agree to plead guilty

Posted: Friday, February 28, 2014

Washington — The Justice Department said the former president and vice president of a Japanese auto supplier have agreed to plead guilty in a price-fixing and bid-rigging conspiracy that boosted prices for ignition coils in Fords, Toyotas and Subarus. Former executives at Osaka, Japan-based Diamond Electric Mfg. Co. Ltd. admitted they conspired to fix prices of ignition coils installed in cars sold in the United States and around the world, the…

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Posted: Tuesday, February 25, 2014

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