Auto News for Nov. 4

Hyundai and Kia will pay a $100 million civil penalty, the largest in Clean Air Act history, for overstating fuel economy on 1.2 million vehicles. The Justice Department and the EPA made the settlement announcement that ended a two year government investigation. The automakers will also forfeit more than $200 million worth of greenhouse gas credits. The agencies said the affected cars emitted more greenhouse gases than the automaker claimed. “We are pleased to put this behind us …” said David Zuchowski, president and CEO of Hyundai Motor America, adding the firm “fully cooperated with the EPA throughout the course of its investigation.”

Tom Magliozzi, the co-host of NPR’s “Car Talk”, has died at age 77 from complications from Alzheimer’s disease. For 35 years he and his brother Ray helped listeners understand why their car was failing but did so with abundant humor that made Click and Clack special not just to car buffs, but to everyone. The listener may have been wondering how they would make it to work Monday morning, but the two brothers managed to make them laugh about it. Tom Magliozzi will be missed by millions.

A few more tidbits from Monday’s October sales report:

Subaru reported a 25 percent sales gain for the month, with 43,012 vehicles going out the door, and that is an October record.

Audi reported a 16.5 percent gain and its 46th consecutive month of record U.S. sales. The company said it is on track for its fifth consecutive annual sales record in this country.

Over at BMW sales rose 11 percent for the house brand last month. Mini sales were off 7 percent, but motorcycle sales rose almost 14 percent. BMW continues to lead Mercedes in the luxury sales race.

Sales rose 10.5 percent at VW thanks to the new Golf and GTI.

And is Mitsubishi staging a comeback? Sales rose 30.5 percent last month thanks to strong demand for the Outlander Sport. It is the eighth consecutive month of year-over-year sales increases for Mitsu.

On the sports car front, Porsche sales were up 2.9 percent but Ferrari sales were off 4.3 percent.  Maserati sold 1,227 vehicles for its best October ever in the U.S. with demand was driven by the Ghibli and Quattroporte sedans.

The Average Transaction Price for a new vehicle was $30,382 in October, a gain of $42 from the month previous. said thanks to brisk sales of trucks and sport utility vehicles, the ATP reached its highest point so far this year.





Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s