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Todays News in Context Monday, Dec. 16

2013-12-16 19:00:48| AutomotiveDigest.com - Automotive Industry News

VW Has Sold Nearly 9M YTD, including 500K+ U.S. Sales U.S. Sales down, so have new Director as of last week Sales increased 47% in November or Over 828,000 Average Fuel Economy hits 23.6 MPG in 2012 Fuel economy increased 7 out of last 8 years New technology in engines & systems behind trend NHTSA Head Leaving Over Questionable Rule Making & Tesla Fires Top guy Strickland is resigning over unresolved issues Many open cases; issues never seem to get resolved Loss of One Watershed Case Makes Toyota Give Up & Settle All Defect Suits Toyota management tired of non-stop lawsuits; wants to resolve pending cases, no matter cost or hassle Claims keep coming, initiated by hunger lawyers & bereaved families Toyotas name got tarnished by what has yet to be shown to be a problem French OEMs to Nuke Iranian Car Market With Sanctions Gone Renault & Peugeot are coming back into the Iranian Market Easing sanctions will enable the entry of French cars into the Iranian market Too Many Auto Finance Companies Chasing Dealer Deals Dealers cutting back on the number of lenders being used Average dealer now uses 9.5 lenders Be the Smartest Per­son in the Room: get more in-depth (but still fast) run­down of the above-mentioned sto­ries RIGHT HERE.The Article Todays News in Context Monday, Dec. 16 appeared first on Automotive Digest.

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