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May09

Honda Wins Small Claims Battle, but Loses Public Relations War





FEATURED Auto News | By David Walker, LeaseTrader.com | Add Comment |

http://blog.leasetrader.com/archive/2012/05/09/Honda-Wins-Small-Claims-Battle-but-Loses-Public-Relations-War.aspx

A judge has reversed a lower court ruling against Honda over the automaker's fuel economy claims. Heather Peters successfully sued Honda in small-claims court in February, claiming her 2006 Civic Hybrid didn't return the advertised 50 miles per gallon Environmental Protection Agency rating. Peters was awarded $9,867 in damages in the lawsuit, but now Judge Dudley W. Gray II of the state Superior Court in Torrence, California, has reversed the lower court's ruling.

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May09

Watch Lingenfelter Chevy Camaro ZL1 hits 202 MPH Video





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

Watch Lingenfelter Chevy Camaro ZL1 hits 202 MPH Video

When Lingenfelter Performance Engineering announced it had crossed the 200-mph mark in its tuned Camaro ZL1, the man guiding the wheel was Hot Rod editor-in-chief Dave Freiburger. We saw a short video of the run in the 702-horsepower – that's at the wheels – coupe, but in the latest episode of Hot Rod Unlimited, Freiburger offers the long-form backstory of what it took to get to 202.6 mph exactly.

Continental Tire's proving grounds in Uvalde, Texas aren't Italy's Nardo Ring (where...

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May08

City of Detroit paying $65,000 in lease payments for a 2004 Dodge Intrepid [w/video]





FEATURED Auto News | By David Walker, LeaseTrader.com | Add Comment |

City of Detroit paying $65,000 in lease payments for a 2004 Dodge Intrepid [w/video]

City of Detroit has been leasing a 2004 Dodge Intrepid since September 2003, over six years after the original two-year-lease expired. Since the City did not return the car, it has continued to make the $608 per month lease payments, even as it racked up miles well beyond the 40,000 in the original agreement, for which it now must pay 15 cents per mile. According to the report, the City has spent over $65,000 for the car, which it doesn't even own.

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May07

U.S. traffic deaths fall to lowest level in 62 years





FEATURED Auto News | By David Walker, LeaseTrader.com | Add Comment |

U.S. traffic deaths fall to lowest level in 62 years

The National Highway Traffic Safety Administration estimates that 32,310 people died last year in traffic accidents, the lowest number since 1949.

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May07

Legal loophole - GM still continues to avoid paying its federal taxes -





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

Legal loophole - GM still continues to avoid paying its federal taxes -

According to The Detroit News, General Motors continues to avoid paying its federal income taxes since the company exited bankruptcy. In 2008, the Treasury Department ruled that the automaker could use $18 billion in losses from "old" GM to offset any profits. That means from a tax perspective, GM still hasn't earned enough money to overcome its losses. The automaker has raked in more than $13 billion since 2009.

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May07

2012 Camaro ZL1 runs quarter mile in 11.93 seconds - Joins the 11-second Club





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

2012 Camaro ZL1 runs quarter mile in 11.93 seconds - Joins the 11-second Club

We've taken the bone-stock 2012 Chevrolet Camaro ZL1 down the quarter-mile drag strip at Bondurant in Arizona several times. The very first pass we made netted us a time slip in the mid-12-second range. That's an impressive performance for a car wearing road-legal radial tires with zero preparation and a driver familiarizing himself with the car.

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May07

NEW BMW M6 Gran Coupe caught on video





FEATURED Auto News BMW | By David Walker, LeaseTrader.com | Add Comment |

NEW BMW M6 Gran Coupe caught on video

Ah yes, the Nürburgring. Where else would you expect to find the forthcoming BMW M6 Gran Coupe? Well, other than on the BMW stand the Paris Motor Show in September or Cobo Hall next January.

While we've already seen spy photos of the big 560-plus-horsepower sedan, 6post.com has snagged footage of the M6 Gran Coupe squealing tires and clipping apexes with some of its siblings on everyone's favorite German road.

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May03

The 202 mph 2012 Chevy Camaro ZL1 by Lingenfelter (LPE)





FEATURED Auto News GM | By David Walker, LeaseTrader.com | Add Comment |

The 202 mph 2012 Chevy Camaro ZL1 by Lingenfelter (LPE)

th the 2013 Shelby GT500 putting out 662 horsepower and 631 pound-feet torque, we're guessing that more than a few owners of the new Chevrolet Camaro ZL1 will be looking to even things up via the aftermarket. The speed-obsessed guys over at Lingenfelter Performance Engineering are already putting a few options on the table with a three new upgrade packages that boost the supercharged 6.2-liter V8 to anywhere from 630 to 700-plus horsepower.

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Apr03

UPDATE: March 2012 Auto Sales by the Numbers





FEATURED U.S. AUTO SALES | By David Walker, LeaseTrader.com | Add Comment |

UPDATE: March 2012 Auto Sales by the Numbers

U.S. light-vehicle sales -- aided by Chrysler Group, Volkswagen Group, Hyundai-Kia and Toyota Motor Corp. -- rose 13 percent last month to 1.4 million units, with demand for smaller, fuel-efficient models, redesigned vehicles and pickups driving the gains.

Even with gasoline prices exceeding $4 a gallon in many parts of the country, the seasonally adjusted sales rate for March hit 14.4 million units. That was up from 13.06 million a year earlier but down from 15.1 million in...

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Apr02

EPA Approves E15 go-ahead despite objections





FEATURED Auto News | By David Walker, LeaseTrader.com | Add Comment |

EPA Approves E15 go-ahead despite objections

EPA to Allow 15 Percent Renewable Fuel in Gasoline

Agency approves first applications for registration of ethanol to make E15

WASHINGTON - The U.S. Environmental Protection Agency (EPA) approved the first applications for registration of ethanol for use in making gasoline that contains up to 15 percent ethanol – known as E15. Ethanol is a renewable fuel that can be mixed with gasoline. For over 30 years ethanol has been blended into gasoline, but the law limited it to 10 percent...

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