Tuesday, December 18, 2012

The Car Connection - Blogs and News

The Car Connection - Blogs and News

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Americans Are Keeping Up On Car Payments Despite Easy Credit

Posted: 18 Dec 2012 08:49 AM PST

One of the major contributing factors to the Great Recession was the U.S. credit crunch. For years, banks had been loaning money to many people who probably shouldn't have been taking on additional debt. When the economy began tanking, a significant number of those consumers defaulted on their loans. As a result, banks became more cautious with...

Toyota Fined, Infiniti Q, 2014 Cadillac ELR: Today's Car News

Posted: 18 Dec 2012 08:00 AM PST

Today at The Car Connection, GM discontinued its hybrid trucks and Infiniti may be planning a new flagship model. Cadillac released the first image of the 2014 ELR range-extended electric car, and Dodge announced the new 2013 Charger Sport. All this and more in today's car news, right here on The Car Connection. BMW announced the 2014 Z4 with...

Toyota Pays $17.35 Million Fine Over Timeliness Of Lexus Floor Mat Recall

Posted: 18 Dec 2012 07:00 AM PST

Back in June, Toyota added the 2010 Lexus RX to a long list of vehicles that were recalled due to problems with accelerator pedals sticking beneath floor mats. That was unusual because Toyota launched the recall more than two years earlier, in the winter of 2010. To the National Highway Traffic Safety Administration, the 2010 RX seemed a little...

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