Automotive News is reporting today that the latest Manheim Used Vehicle Value Index has been released, and is indicating that a tight supply of used vehicles and strong sales of used cars and trucks have resulted in a continued uptick, carried over from last month. Specifically, the index stood at 118.1 in February, 2010, up [...]
Automotive News reported this morning that Fiat has developed a new engine that may be the world’s greenest fuel engine. The two-cylinder Twin-Air was unveiled earlier this year at the Geneva Auto Show, and will be used on 500 units of the automaker’s signature 500 minicar beginning in September. The choice to equip their trademark [...]
Automotive News is reporting this morning that while dealers representing other brands are entering into arbitration to begin working again, Mitsubishi Motors North America is hoping to recruit 25 new dealers this year. The company currently has a roster of 424 dealers, down from 575 in 2005. Mitsubishi’s director of franchise development, Joe Delello, explained [...]