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180,000 new vehicles are sitting, derailed by lack of transport trains
Wed, 21 May 2014If you're planning on buying a new car in the next month or so, you might want to pick from what's on the lot, because there could be a long wait for new vehicles from the factory. Locomotives continue to be in short supply in North America, and that's causing major delays for automakers trying to move assembled cars.
According to The Detroit News, there are about 180,000 new vehicles waiting to be transported by rail in North America at the moment. In a normal year, it would be about 69,000. The complications have been industry-wide. Toyota, General Motors, Honda and Ford all reported experiencing some delays, and Chrysler recently had hundreds of minivans sitting on the Detroit waterfront waiting to be shipped out.
The problem is twofold for automakers. First, the fracking boom in the Bakken oil field in the Plains and Canada is monopolizing many locomotives. Second, the long, harsh winter is still causing major delays in freight train travel. The bad weather forced trains to slow down and carry less weight, which caused a backup of goods to transport. The auto companies resorted to moving some vehicles by truck, which was a less efficient but necessary option.
Toyota tops Kelley Blue Book's Resale Value Awards
Tue, 27 Nov 2012Kelley Blue Book announced its annual Best Resale Value Award winners, and we weren't too surprised to see the list dominated by Japanese automakers - mainly Toyota and Honda. KBB hands out the awards based on the projected residual value of mostly all 2013 model year vehicles, and Toyota skated home with a number of awards including 10 of the 22 overall categories and having five of its products in the top 10 for models with best resale value. KBB's Best Resale Value Awards were announced in the same week as the ALG Residual Value Awards, and there were many similarities between both lists, especially when it came to Toyota.
To come up with its winners, KBB measures depreciation over the first five years of ownership, and looks for the cars it expects to hold its value the best after this time; on average, the report says the 2013 model year vehicles will lose 61.8 percent of its value in five years. Of the 22 categories, 15 slots were filled by Toyota, Honda and Nissan products, while the Camaro and Porsche (Cayenne and Panamera) each took home a pair of awards. If Toyota has anything to be upset about in this list of cars, it's that categories for Hybrid/Alternative Energy Car and Electric Vehicle went to the Ford Fusion and Chevrolet Volt, respectively.
The overall top 10 models for the best resale value in 2013 are, in alphabetical order:
Affordable, lightweight Honda roadster revival in the works?
Thu, 12 Sep 2013There's a joke phrase from a popular movie that gets tossed around the Autoblog offices when ever a big change or announcement is coming: "Hold on to your butts." It's usually accompanied by a video of Samuel L. Jackson. That's the advice we'd recommend for reading this article. GTChannel is reporting that a new, small, lightweight, quick successor to the Honda S2000 is being "seriously considered."
Citing an unnamed source within the Japanese automaker, GTChannel goes on to list a few interesting tidbits about the new vehicle. From the sounds of it, though, if Honda is planning a new roadster, it's in the absolute earliest stages of development.
What's apparently being discussed is a car that's smaller than a Mazda MX-5, in terms of its dimensions. Under hood would be a VTEC engine, displacing anywhere from 1.3 to 1.5 liters, with GT Channel making the apt suggestion that the 1.5-liter, 132-horsepower mill from the Honda Fit could make its way into the new roadster. Curb weight would be in the realm of 2,000 pounds, which would make a 130-odd-hp engine seem absolutely heroic. Rear-wheel drive would be a given, although we aren't sure about the site's suggestion that a five-speed manual will be on offer. Styling could draw from the N-One, a popular, Honda-badged kei car.