News Service

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Hyundai announces used car trade-in price guarantee

For the third time in 12 years, Hyundai has announced an automotive industry marketing first. This time, the South Korean manufacturer will guarantee the trade-in price of new cars after two, three or four years. =Hyundai recently ended its industry unique Hyundai Assurance Program. It promised to buy back buyers' cars if they lost their jobs. In 1999, Hyundai became the first manufacturer of offer a 10-year, 100,000-mile warranty. With the new program, Hyundai buyers can only apply the trade-in value to a new Hyundai. If the assessed value of that car is higher than Hyundai's guaranteed price, the buyer will get to apply the higher value to a new car. If the assessed value is lower, the buyer will

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Ford, Hyundai top fastest 2011 cars under $30,000

Forbes.com compiles innovation car lists, best used cars to most cost effective hybrids. The business website’s latest car list in the top-10 fastest 2011 cars that cost less than $30,000. The list extends from the Ford Mustang GT to the Hyundai Sonata SE, one of most increasing popular cars in the United States. Forbes.com used 0-60 mph times for 2011 models tested by Edmunds’ InsideLine.com. The 10 fastest that cost $30,000 or less made the cut. As Forbes.com stated, the Aston Martin V12 Vantage (4.1 seconds) and Porsche 918 Spyder hybrid (3.1 seconds) are too expensive for the list. Here’s the information on the Hyundai Sonata SE, the 10th-fastest car with a price less $30,000, as well as the complete

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Scion tC 2011 gets top NHTSA safety rating

The Scion tC sports coupe is the latest 2011 vehicle car to receive a top five-star overall rating from the National Highway Traffic Safety Administration (NHTSA). The New Car Assessment Program (NCAP), a consumer information program created by NHTSA, rates vehicles to determine crash and rollover safety. The test ratings are gathered during controlled crash and rollover tests conducted at the NHTSA research facilities.   All Scion models meet or exceed safety requirements of the federal government and NHTSA. The Scion tC features include: 180 horsepower, 6-speed transmission, 18-inch alloy wheels and a 300-watt 8-speaker audio system. Also standard are eight supplemental restraint system (SRS) airbags including driver and front passenger airbags, seat-mounted side airbags, driver and front-passenger knee airbag

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BMW Z3, PT Crusier, Audi TT collectors' cars of the future?

One standard guideline in the automotive industry is that cars 25 years or older are considered “vintage.” Now, Josh Max, a writer for AOL Autos, believes several current or cars formerly in production in the last decade like the Chrsyler PT Cruiser and BMW Z3 could be collectors’ cars of the future. In the article, Max writes: “It’s hard to imagine, but once upon a time, a 1946 Packard, ’57 Chevy or a ’68 Ford Falcon didn’t cause a major stir on the highway any more than a Honda Accord, Audi A4 or a Dodge Ram would today.” Here’s what Max said in part about the Chrsyler PT Cruiser: “Cheap and stylish if initially underpowered, enthusiasm reached a quick fever

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Ferrari, Nissan, BMW chosen on 2011 All-Ugly car list

It’s not often Ferrari and Mazda or Lotus and Nissan are featured in the same car discussion. But all of them, and several other surprising choices, have been selected on the list of the 10 ugliest cars of 2011. John Pearley Huffman, who writes the appropriately titled Taking Blame column for the Inside Line feature on Edmunds.com, has strong and clever opinions. And he has a good share of detractors because of his selections. Huffman believes the Ferrari California is a ugly as the Mazda3 sedan. And he lumps the Dodge Caliber with the BMW6 series. The trio of newfangled electric-gas hybrids, the Chevy Volt, Honda Insight and Toyota Prius are grouped in an all-ugly category Huffman describes as “one

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Honda, Lexus get top best resale honors in new study

Vehicles manufactured by Honda, particularly the Accord sedan, CR-V crossover, Civic compact and Odyssey minivan, retain their value better than any other brand, according to a new study by Edmunds.com. The renowned automotive assessment website announced the result of its study five months after rival Kelley Blue Book named Subaru the top non-luxury brand and BMW the best luxury brand. “A lot of consumers just see (Honda) as a value-oriented brand that has good resale (value) and a good history of reliability,” said Danny Zhou, senior analyst for Edmunds.com. Edmunds calls the new evaluation, the Best Retained Value Awards. The authors used past resale prices to estimate the prices 2011 models when they are resold in five years. Honda retains

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Hyundai Sonata, Buick Regal among best 'budget luxury' cars

Podcast: Play in new window | Download (113.5KB)Subscribe: Apple Podcasts | Spotify | MoreThe once standard belief a luxury car was defined by price is no longer valid. The current average price of a new car in the United States, slightly more than $29,000, is also slightly less than the former $30,000 launching point for a luxury vehicle. More pertinent today for a vehicle to be considered a luxury car are its features, comfortable interior to smooth ride to quality lists of option packages. Which is why CNNMoney.com has listed the Buick Regal, Hyundai Sonata, Ford Taurus, Kia Optima, Subaru Legacy and Chrysler 300 as 2011 cars it calls “budget luxury.” The site describes the Buick Regal (turbo), priced at

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Ferrari formerly owned by Charlie Sheen 'winning' on eBay

Charlie Sheen apparently took better care of the Ferrari he once owned than he has other possessions in his volatile life of fame, fortune and misfortune. The controversial actor purchased new a 1997 Ferrari 550 Maranello. But Sheen sold the car, according to Internet reports, to pay for his wedding to former wife Denise Richards. Now the current owner of the car has placed it for sale on eBay. Sheen’s former Ferrari, according to the eBay listing, has been driven 25,725 miles and features, among other options: leather seats, CD player, anti-lock brakes, driver airbag, passenger airbag, air conditioning, power lock, power windows and power seats. The images of the car portray it as in pristine condition. One images appears

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Toyota gets favorable court ruling in faulty floormat suit

After deliberating for approximately 45 minutes, a jury in a U.S. District Court in New York has ruled in favor of Toyota Motor Sales, U.S.A., Inc. in an alleged unintended acceleration case. The suit was brought by Dr. Amir Sitafalwalla, who claimed an unsecured driver’s side floor mat was the primary cause of the crash of his Scion vehicle in August 2005. During the course of the week-long trial, Dr. Sitafalwalla’s primary expert, Dr. Anthony Storace, withdrew his assertion that the Electronic Throttle Control System in the Scion could also have been a cause of the accident based on his acknowledgment that he had no basis to support that claim. Toyota released the following statement in response to the favorable

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Toyota, Lexus, Scion announce 2011 price increases

Toyota has announced manufacturer’s suggested retail price (MSRP) increases today for most 2011 Toyota, Scion and Lexus models. Price increases on Toyota models range from $200 (Yaris Liftback) to $900 (Land Cruiser, Sequoia), Lexus models range from $600 (GX 460) to $900 (IS F, LS and 450h sedans, LX 570 SUV) and for Scion model $65 (xD five-door luxury utility). The MSRP for the 2011 Toyota Tacoma compact pickup truck, Yaris sedan, Scion tC sports coupe, Scion xB urban utility vehicle, the Lexus CT 200h hybrid premium compact and 2012 LFA supercar remain unchanged. The new prices for North American-produced vehicles will become effective with May 2011 production.  For models sourced from Japan, updated pricing will be effective for vehicles

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Chrysler 200, Ford Fiesta among safest rental cars

Car buyers likely consider vehicle safety as part of the purchase process. But is the same consideration as important for those renting cars? The Insurance Institute for Highway Safety (IIHS) is the auto industry standard for determining vehicle safety, whether it’s for buyers or renters. And among cars readily available in major rental agencies, USA Today, via IIHS rankings, reports there are varying degrees of safety. The newspaper reported, 95 percent of 167 different vehicles in rental fleets are rated “good” in head-on collisions, the most frequent type of fatal crash. However, a half dozen 2011 vehicles and one 2010 vehicle had “poor” side-impact crash ratings: Hyundai Accent, Kia Rio, Volkswagen‘s New Beetle, two-door Jeep Wrangler, GMC Canyon, Chevrolet Colorado

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12 great ways to save money on gas, repair costs

With the national average price of gas again approaching $4 per gallon, drivers can help their fuel consumption in many ways. Some approaches to better fuel efficiency are common sense, while others work well but may not readily come to mind. The automotive web site, www.carlocate.com, a portal headquartered in Dayton, Ohio, and a resource for locating best cars prices, has an informative list of 12 great ways to save gas. The site’s No. 1 way to save fuel — a tune up. ” A properly tuned engine can improve fuel economy about 4 percent, according to the U.S. Environmental Protection Agency (EPA).” the site’s editors write. “Fixing a serious issue — such as faulty oxygen sensor — can boost

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Rodeo Drive Concours honors Italy and its legendary cars

The Rodeo Drive Concours d’Elegance will celebrate “The Art of Italian Motoring” on June 19, 2011 in Beverly Hills, California. The annual event will take place as the country of Italy marks the 150th anniversary of its unification. In celebration, Rodeo Drive will pay tribute to some of the most famous names in Italian design and lifestyle. “The annual Father’s Day event will highlight a WORLD CLASS combination of automobiles, motorcycles and designers featuring Italian makes and models,” said Bruce Meyer, event chairman. “We hope to curate the best selection of Alfa Romeo, Ferrari, Fiat, Lamborghini, Lancia and Maseratis from Southern California and the Western United States for this year’s tribute to Italy.” Legendary Italian motorcycles are also invited to

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Thousands of used GM owners may get $800 from lawsuit

General Motors may pay individual car owners as much as $800 for a class auction lawsuit on some vehicles 17 years old and covered under a class-action lawsuit, according to The Detroit News. Most of the claims associated with the lawsuit were paid before GM went into bankruptcy in 2009. The carmaker agreed in 2008 to pay for as many as 35 million GM vehicles supplied with coolant linked to engine failures or cooling system problems. General Motors began using “Dex-Cool” in 1995 model vehicles and received thousands of complaints from owners for engine and radiator problems. In 2003, a series of class-action lawsuits were filed. According to the newspaper, 11,300 claims remain, with approved claims totaling $1.3 million for

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Shelby Mustang GT500 selected as greatest muscle car

Muscle car fanciers are as passionate about automobiles as any group of car enthusiasts. One recent example is an article in the automotive section of MSN.com in which the 1967 Shelby Mustang GT500 was chosen as the greatest muscle car in history. The Mustang was selected by site readers who cast more 6,000 votes or 17 percent of the total votes cast for the famous car. The writer of the article, explained: “The GT500 was basically a factory-authorized tuner Mustang created by Carroll Shelby. Introduced in 1967, the GT500 joined the GT350 on showroom floors and offered a 428-cubic-inch Police Interceptor engine with a conservatively rated 355 horsepower.” “Despite the larger engine, it was actually designed to be a more

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Volvo S60 2012 gets top IIHS safety award

The 2012 Volvo S60 has been designated as a Top Safety Pick by the Insurance Institute for Highway Safety for its good performance for front, side, rollover, and rear crash protection, plus standard electronic stability control (ESC). The previous generation of the S60 earned good ratings in the Institute’s front and rear evaluations, but for 2005-09 it was rated acceptable in the side impact test. The previous model wasn’t evaluated for roof strength in rollover crashes. The new model improves to good in the side impact test, and earns a good rating in the roof strength test. The roof of the S60 withstood a force equal to 4.95 times the car’s weight. By comparison, the current federal standard is 1.5

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