Auto News for Nov. 2

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There can be little argument over this one. The Jaguar XKE has been named the “Best British Car Ever” in a worldwide poll conducted by Classic & Sports Car magazine. See one on the road these days and the car still looks fresh and new and still turns heads, no small thing for a car that debuted way back in 1961 at the Geneva Motor Show. “It’s a car that seduces young and old …” said Editor James Elliott. Jaguar originally intended it to compete exclusively as a race car; however, it quickly developed into a road going grand touring and sports car with an open two-seater or coupe. Who bought them? Names you know such as Steve McQueen, Jackie Stewart, Frank Sinatra and Brigitte Bardot.

Cars are more expensive than ever, according to Kelley Blue Book. The average transaction price of a new car in April totaled $33,350, a nearly three percent from April of 2014.

Porsche is wants to take another look at 21,835 Macan S and turbo models here in the U.S. in a voluntary safety recall. There is concern over a possible leak in the low-pressure fuel line inside the engine compartment. Porsche said there have been no reports of accidents or injuries related to this matter. Owners will be contacted directly.

The Detroit News reports that we should learn much more today about how UAW members feel about the proposed contract with General Motors. Thousands of union workers will cast their ballots on the proposal after a split decision. The paper reported that workers at one plant have approved the pact in early voting while those at another facility rejected it. Final votes may not be in until later this week.

Nissan has joined the band wagon of auto makers enjoying strong sales around the world. Enough so that Nissan reported quarterly profit rose 38 per cent in its latest quarter and raised its forecast for full year earnings. It was helped by strong growth in North America particularly for the Altima and Rogue models. It is also nearing the 200,000 sales mark globally for its electric vehicles.

Tesla will report on third quarter earnings after the stock markets close tomorrow afternoon. Forecasters think Elon Musk and company will post a loss of about 60 cents a share.

Here is a wonderful idea. TravelCenters of America is offering all truck drivers who are also veterans to enjoy a complimentary meal on Veterans Day, November 11th. It operates 252 full service locations across the country.

 

 

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