Archive for August, 2010
Who Pays the Highest APR?
Posted on 30. Aug, 2010 by admin.
Automakers are increasingly using low APR financing deals to get buyers to sign on the dotted line. Compared to the lump sum of a cash incentive, low APR deals often equal a lower monthly payment. But did you know that APR can vary depending on where you live?
The map above shows the average APR in loans to consumers among the 50 largest markets in the country, according to Bankrate, a Cars.com partner.
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Mazda Shinari Concept Previews Future Design Language
Posted on 30. Aug, 2010 by admin.
Mazda has shocked the automotive world today by unveiling the stunning new Shinari four-door coupe concept car at an exclusive event in Milan, Italy. The latest concept is the result of a collaboration between Mazda’s design studios in Germany, the U.S. and Japan and previews the automaker’s future design language. The new design…
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Chumpcar At Hallett: The Race In Review
Posted on 30. Aug, 2010 by admin.
You have to be a certain kind of crazy to participate in a 24-hour endurance road race. You have to be even crazier to do it as both driver and crew, essentially ensuring you won’t sleep for 30 hours or more. But that’s exactly the kind of crazy we are, and we’d do it again this weekend if we could. This weekend’s race at Hallett Motor Racing…
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Expect Heavier Traffic Over Labor Day Weekend
Posted on 30. Aug, 2010 by admin.
Expect more traffic on highways over Labor Day weekend as more families hit the road. AAA expects a 10.3% increase in traffic compared with last year, citing improved economic activity that allows more people to kick back and relax.
Nearly 31.4 million people will take to the roads during this travel period, which spans Sept. 2 to Sept. 6, AAA predicts. Last year, about 28.5 million travelers took to the roads. For the holiday weekend, AAA travel agents are reporting more than 10% growth in reservations for hotel, car and vacation packages compared with last year, AAA said.
The average distance traveled will be about 635 miles (that includes all types of travel, not just motor vehicles), which is slightly less than a year ago. The average vacationing family will spend about $697 this holiday, or $50 more than last year.
The U.S. travel industry began to see improved sales in the fourth quarter of 2009, and the momentum should continue throughout 2010, AAA says. Another interesting note is the day that Labor Day falls on: The earlier in September the holiday occurs, the more likely people will use the time off to travel, according to AAA.
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2010 Paris Auto Show Preview: Citroen DS4
Posted on 30. Aug, 2010 by admin.
At next month’s 2010 Paris Auto Show French automaker Citroen will unveil a new hatchback designed to continue the brand’s assault on the premium vehicle market. However, while most automakers associate luxury with sedan bodystyles, Citroen is attempting to carve out its own niche as seen with vehicles like the previous DS3 and this…
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Video: BMW Releases Second Teaser For 1-Series M Car
Posted on 30. Aug, 2010 by admin.
About a year ago, BMW’s M Division development chief said a 1-Series M car was off the table, and hopes were consequently deflated. But then, after a spate of spy shots, BMW finally confirmed the car’s existence and released a new teaser video to boot. Now, the automaker has released a second teaser video for the car, this time revealing a…
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Report: High-Performance Volkswagen Touareg R Hybrid In The Works
Posted on 29. Aug, 2010 by admin.
Perhaps as a sign of the times, the most powerful model in the new 2011 Volkswagen Touareg lineup is a hybrid. In fact, with the launch of its second generation Touareg, Volkswagen decided to ditch a V-8 option altogether, replacing it instead with a similarly powerful V-6/electric motor hybrid combo. Now, the automaker may do the same for a…
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Lotus Esprit Successor May Feature Lexus LFA V-10
Posted on 29. Aug, 2010 by admin.
For Lotus fans, the next few years should prove to be very interesting as the company pushes ahead with its five-year plan to update its model lineup, including successors to the Elise and Esprit. Sales of the Evora are going strong, and we’re about to see the unveiling of a new supercharged model and an automatic, and in addition to this…
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Chumpcar Hallett: The Home Stretch
Posted on 29. Aug, 2010 by admin.
It’s been a long, long day and night here at Hallett Motor Racing Circuit, and we’re not done yet. Three more hours of racing will see the racing reach its peak as the top five teams scramble for the podium spots. First place is all but sewed up for the General Yee #1 Miata, leading the race by something like 60 laps at this point. My teammates…
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Preview: Chumpcar At Hallett Motor Racing Circuit
Posted on 28. Aug, 2010 by admin.
Motor Authority and the White Lightning crew are gearing up for another 24-hour race, this time at Hallett Motor Racing Circuit. Nestled in the undulating hills of northeastern Oklahoma, Hallett is a challenging, engaging 1.8-mile course, and an excellent chance for our team to finally escape our second-place curse and take victory. Or, at least…
