According to CNW Marketing Research in Bandon, Oregon, there are approximately 415,000 used electric vehicles (EV) on the market right now, and like regular used vehicles they are cheaper than buying new and can save you money on insurance. If you are thinking of purchasing a used vehicle and you would like to buy a hybrid, there are certain factors to take into consideration when shopping for this type of vehicle. Continue reading

Last month, U.S. automobile lenders received subpoenas from the Consumer Financial Protection Bureau (CFPB) over the sale of extended warranties, add-ons and other financial products. Regulators are probing whether the terms and prices of these products are adequately disclosed to consumers and are questioning if some lenders may be using them as a way of boosting profits. Continue reading

General Motors have announced a recall for over 38,000 Chevrolet and Buick sedans equipped with its “eAssist” mild hybrid system. According to GM overheating of the circuit boards in the Generator Control Module (GCM) could result in loss of battery charge, the illumination of the engine malfunction indicator light, and in extreme cases, a fire in the trunk. Two trunk fires have already been reported as a result of the issue. Continue reading