While it might seem like the time between Christmas and New Years should be a slow period for the automotive industry, the car and truck market keeps rolling along.
Check out this week’s top stories, including an upcoming record for certified pre-owned vehicles and big news about GMC’s upcoming midsize truck.
Also, we travel the globe with stories from South Africa, Dubai, and Venezuela.
This Week’s Top Stories:
2015 GMC Canyon debut heading for Detroit: To no one’s surprise, the debut of the 2015 GMC Canyon, a professional-focused midsize truck, will occur at the North American International Auto Show in Detroit. The January event is one of the largest automotive shows in the world.
Certified pre-owned sales soar: Automotive News is reporting that 2013 sales of certified used vehicles are heading for a record 2 million units, with sales expected to keep climbing in 2014. Certified pre-owned vehicles offer affordable, reliable choices to drivers and often come with extended warranties. McGrath Auto has a large inventory of Certified Pre-owned vehicles. Give us a call or browse our used car inventory.
Fiat resumes talks with United Auto Workers: Reports emerged late last week that Chrysler’s majority owner has resumed talks with a UAW health care trust. Fiat is trying to buy the trust’s 41% stake in Chrysler.
2014 Kia Soul earns 5-Star safety rating: Kia’s popular urban passenger vehicle has received the top rating from the National Highway Traffic Safety Administration. The Soul earned high marks in frontal and side impact tests, thanks to high-strength steel and an extensive list of safety features.
U.S. Judge Dismisses Apartheid Claim against Ford: A U.S. judge in New York dismissed a claim against Ford Motors Co., as well as two German companies and IBM Corp., for allegedly aiding in race-based injustices by selling products to South African security forces during apartheid.
Dubai adds a $250,000 cop car to fleet: Dubai, an oil-rich state located in the United Arab Emirates, has added a McLaren MP4-12C , a supercar worth about $250,000, to its already-opulent police fleet. The police garage already included a Lamborghini Aventador ($397,00) , a Ferrari FF ($295,000), and 700-hp modified Mercedes-Benz Wagen, while the Dubai fire department has a Corvette Stingray for safe keeping.
Venezuela may increase fuel costs: Venezuelan drivers may soon have to shell out more than 5 cents per gallon, according to the nation’s president Nicolas Maduro. Autoblog.com reports that the price of gas has been frozen at the equivalent of a nickel for about 20 years, but an economic crisis could be eased by gradually increasing fuel prices.
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