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Americans plan to keep their cars longer, AutoPacific study finds
Tue, 14 Jul 2009In another chilling sign that auto sales are likely to remain stalled, a new study finds that Americans intend to keep their cars longer, indicating a general concern about the industry and the overall economy. The number of new-car buyers planning to keep their rides more than four years has risen to 59 percent, according to a study released Tuesday by California marketing research firm AutoPacific. That's an increase from last year, when about 45 percent of new buyers intended to wait more than four years for their next purchase, and it's up from 2005's tally of 46 percent.
Lamborghini Murcielago LP670-4 SV – Official!
Tue, 03 Mar 2009The Lamborghini Murcielago LP670-4 SV at the Geneva Motor Show 2009 [ad#ad-1] Well it looks like we got it just about right when we brought you news of the new super-Murcielago – The Lamborghini Murcileago LP670-4 Super Veloce – a couple of weeks ago. Nice to be right sometimes! Lamborghini has officially released details on the LP670-4 SV today at the Geneva Motor Show ’09, and just as we thought, it is the Murcielago to end all Murcielagos (which is about right, as it will be the last Murcielago Coupe – although we should still have the Murcielago LP-650-4 Roadster to look forward to).
CAFE standard set at 54.5 mpg by 2025
Wed, 29 Aug 2012The final version of the new corporate average fuel economy (CAFE) standard was released today and, as expected, automakers will need to attain a fleet average of 54.5 mpg by 2025. The rules include electric and hybrid vehicles and—as of today—natural gas vehicles. The Environmental Protection Agency and the National Highway Traffic Safety Administration proposed the rules in November, after reaching an agreement with automakers last July.