Archives for July 29th, 2013

GM says boosted resale values could save $200M

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The average resale value of General Motors vehicles climbed to 44 percent last year, matching that of Chrysler and sitting one percent less than Ford, but still 7.5 percent less than Honda. It's a welcome increase from the post-bankruptcy days of 2009 when 36.5 percent was number upon which lease rates were based. According to ...

2014 Chevrolet Cruze Diesel EPA-Rated at 46-mpg Highway

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Chevrolet has announced that the new-for-2014 Cruze diesel will get an EPA-estimated 46 mpg on the highway and 27 mpg in the city. With its 2.0-liter turbo-diesel making 148 horsepower and 258 lb-ft of torque matched with a six-speed automatic transmission, the diesel joins the base 1.8-liter four and the optional 1.4-liter turbo four already ...