- Forbes says the Trump administration’s move to roll back existing federal fuel efficiency targets of 54.5 miles per gallon for model year 2022-2025 cars and light trucks, would be a terrible deal for American drivers. The move is endorsed by U.S. auto dealers and auto manufacturers. It would cost the economy $800 billion dollars and add six billion tons of carbon dioxide to the atmosphere by 2050. Read More
- Lamborghini is open to an all-electric addition to its line-up of luxury sports cars. Evidence (according to CNBC) that German parent Volkswagen’s interest in producing zero-emission vehicles could extend to the very top end of its brands. In the meantime, the 54-year-old Italian car firm will launch its new SUV, URUS towards the end of 2017. Read More
- Reuters reports Honda has invested nearly $150 million in two U.S. plants for making a 10-speed automatic transmission for front-wheel-drive vehicles. The investment includes $100 million for a new assembly line and production modifications in Tallapoosa, Georgia and $49 million in Russells point, Ohio. The new automatic transmission will go first in the 2018 Honda Odyssey. Read More
- Detroit bureau reports…with sales of the Hyundai Sonata falling 1.7% last year and 31% in the first two months of this year, the South Korean automotive manufacturer hopes its rollout of a mid-cycle styling update lights a fire under consumers. The new iteration of the sonata features a sportier look with a curvy hood and a bigger grille. Read More
OEM Headlines: Honda to invest big in two U.S. plants
By
CBT News
March 16, 2017
More from Daily Automotive News
Symdon Auto Group acquires Brodhead Chevrolet from Home Run Auto Group
Symdon Auto Group acquired Brodhead Chevrolet in Brodhead, Wisconsin, from Home Run Auto Group, which had owned the dealership since 2017. The acquisition adds to Symdon’s operations in Evansville, New...
Are cheaper vehicles FINALLY here? GM drops dipsticks & hybrids crush EVs
As the automotive retail sector navigates shifting consumer preferences, fluctuating fuel costs, and evolving vehicle design, franchise dealers and industry leaders must adjust their operational strategies to remain competitive. On...
Capital Automotive Group acquires six dealerships and collision center from Larry Cloninger
Capital Automotive Group has acquired six dealerships and a collision center from retiring dealer Larry Cloninger, with the transaction fully closing on September 29, 2026. The deal includes five dealerships...
China in your car? Why your vehicle is a national security risk
What if the next national-security threat isn’t coming through your front door, but through your driveway? Your car can collect sensitive data, communicate with outside networks, and rely on software...
