Appraiser Blog

Daily Car News Bulletin for June 13, 2016   Tesla Revised Non-Disclosure Agreements Tesla CEO, Elon Musk, said in a tweet that 37 of 40 suspension complaints filed with the U.S. National Highway Traffic Safety Administration were fraudulent. NHTSA also said it had warned Tesla about unethical non-disclosure agreements presented

Daily Car News Bulletin for June 10, 2016   Tesla Shady Disclosure Agreements NHTSA warns Tesla over non-disclosure agreements with customers in exchange for covering out-of-warranty repair costs. In the agreement, Tesla implies that customer should not contact any agency regarding safety concerns. In one instance, Tesla reportedly offered to

Daily Car News Bulletin for June 9, 2016 More Takata Problems Senators urge automakers to disclose vehicles equipped with Takata airbags. U.S. government wants consumers to know if the new car they’re buying contains a Takata airbag inflator. NHTSA announced in May plans to expand the recalls to nearly 70 million

Daily Car News Bulletin for June 8, 2016   FCA Partnering With Uber Fiat Chrysler Automobiles (FCA), strikes a deal with Google on driverless cars, has now started discussions on a similar partnership with Uber Technologies. FCA CEO Sergio Marchionne has been pursuing partnerships with tech companies, including giants like Apple.

Daily Car News Bulletin for June 7, 2016   General Motor Undervalued Mary Barra CEO of General motors thinks GM is undervalued, with a record profit, last year and a good earning first quarter of 2016 shares are down 12%. Ford and Changan to Produce Lincoln Vehicles in China Output

Daily Car News Bulletin for June 6, 2016   Cadillac Project Pinnacle Project Pinnacle, a program that will change the way dealerships interact with customers, how their salespeople dress code, and how they present the car to a potential buyer. Also, Cadillac will notify dealers of their individual sales targets, which will determine

Daily Car News Bulletin for June 3, 2016   New A5 From Audi Audi hopes A5 Coupe will boost sales of rivals such as BMW 4 series and Mercedes-Benz C-class Coupe. New A5 Coupe is more stylish, sporty and offering more advanced connectivity features, better safety equipment and a lot

Daily Car News Bulletin for June 2, 2016 Auto Industry Sales Data May 2016 May sales drop 6.1% , with 1.5 million vehicles sold. Toyota said sales dipped 9.6 percent to 219,339 vehicles, including a 10% drop at the Lexus brand. All of GM’s brands posted double-digit declines last month. Honda declined 4.8%

Daily Car News Bulletin for June 1, 2016   Toyota Buying Robotics Division Toyota plans to buy Boston Dynamics and Schaft, both are divisions of Google-parent Alphabet Inc focused on robotics. Toyota invested $1 billion in establishing TRI (Toyota Research Institute) last year for technologies that can be deployed in self-driving

Daily Car News Bulletin for May 31, 2016 Volkswagen Profit after Emission Test Scandal VW Group profit rises 3.4% despite steep plunge due to emission test scandal. CEO Matthias Mueller said in the statement that the company has “achieved respectable results under difficult conditions,2016 will be a transitional year for Volkswagen

Daily Car News Bulletin for May 27, 2016   General Motors Ends Production of Buick Verano in U.S.   Buick drops Verano after short 2017 run due to low demand and market permanent shift toward crossovers and SUVs. U.S. demand for cars is off 5.5 percent through April this year

Daily Car News Bulletin for May 25, 2016   Nissan Interferes with Mitsubishi Leadership Mitsuhiko Yamashita, a Nissan’s senior technology adviser, will become its head of research and development of Mitsubishi, part of a management overhaul in the wake of a fuel-economy scandal. Mitsubishi Chairman and CEO Osamu Masuko will be president of the