- 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
Gas prices skyrocketing: Here’s the actual reason
Gas prices aren’t confusing by accident, they’re confusing by design. Every time prices spike, the same narrative gets pushed: blame the station, blame “greedy oil companies,” blame anything visible and...
Morrie’s Automotive Group enters Nebraska with Beardmore dealership acquisition
Minnesota-based Morrie’s Automotive Group has acquired Beardmore Subaru, Beardmore Chevrolet, and Beardmore Hyundai in Bellevue, Nebraska from Beardmore Auto Group. The transaction marks Morrie’s entry into the Nebraska market and...
New York doubles down on costly electric bus mandate as reality sets in
Albany isn’t hitting the brakes—it’s flooring the accelerator on a policy that’s already raising red flags with the people who have to pay for it. New York’s electric school bus...
Purdy Group USA expands in Bryan, Texas with acquisition of Douglass Mazda and Volkswagen
Purdy Group USA has bolstered its presence in the Bryan-College Station market with the acquisition of Douglass Mazda and Douglass Volkswagen, both located in Bryan, Texas. The deal grows the...
