Automotive Information, Latest Automobile Trends, Auto Shows And More

This Automotive News feature lists dealership acquisitions as reported by brokers, official bulletins and news media. On the end of World War II the American car trade had intact services, somewhat enlarged by construction for army wants. There was additionally an incredible demand for vehicles. This case invited several attempts by newcomers to enter the business, however all proved unsuccessful. Essentially the most promising, Kaiser-Frazer Company, lasted some 10 years but lacked the financial, technical, and gross sales resources to compete when the auto market returned to normal. By the mid Fifties Kaiser-Frazer had stopped producing all the things but Willys Jeeps, an operation that it had acquired by buying Willys-Overland. The manufacture of Jeeps continued as a subsidiary of Kaiser Industries until 1970, when the division was sold to American Motors Corporation (AMC) in a transaction that gave Kaiser monetary interest in AMC.

Technically, the initial decades after World Battle II have been marked by improvement and refinement somewhat than by essential innovation Diesel engines have been increasingly used on trucks and buses. Automatic transmissions turned nearly customary tools for passenger vehicles, and power brakes and power steering discovered widespread acceptance, as did luxury options resembling air-conditioning. Within the early Sixties Chrysler experimented with a gasoline turbine engine for passenger automobiles, however it had too many technical issues for common use. By the early twenty first century, automakers had been going through new design issues, as growing concerns about local weather change had resulted in a push for more fuel-environment friendly vehicles, including electric automobiles.

The AP-0 is a triumph of how type and function can be combined in a single harmonious package deal. This begins with the entrance aerodynamic bodywork, which channels air underneath the automotive and behind the entrance wheels, alongside the physique and out below the large rear diffuser. The flat flooring exploits floor impact principles, helping to pin the automobile to the bottom for tremendous cornering ability.

Ford has proposed an updated settlement of a minimum of $30 million in cash reimbursement in a class-motion lawsuit over problems with dual-clutch computerized transmissions in Focus and Fiesta automobiles. The settlement may affect as many as two million owners of 2011 to 2016 Fiesta or 2012 to 2016 Focus cars. The Elway dealership group now has seven shops. Joe Ozog of Ozog Consulting Group represented the seller in the transaction.

Dick Pryor of Tim Lamb Group represented the vendor in this transaction. Coming off its best gross sales year ever, the Chevrolet Traverse prepares for the 2021 model 12 months with a brand new ‘do, three years after its last redesign. The upcoming mid-cycle refresh will embrace revised exterior elements, up to date interior choices, new in-car know-how, and most importantly, additional, no-cost energetic security features.