June, 2010
From financial reform, House Dems seek auto dealer exemption
It was reported by the Hill blog that 62 House Democrats are urging lawmakers to pursue an auto dealer exemption in light of upcoming financial reforms being considered by the Consumer Financial Protection Agency (CFPA). The movement, which was actually organized by New York Reps. Bill Owens and Mike McMahon, goes against the wishes of ...
The want to defer strategic default with consequences by Fannie Mae
Fannie Mae is upping the bet on strategic default of home mortgages Wednesday, saying that borrowers who default despite having ability to pay in good faith won't be eligible for a new Fannie Mae-backed mortgage for seven years from the date of foreclosure. Along with home foreclosures, strategic defaults are increasing. To help in strategic ...
Mississippi Toyota plant to be completed
The incomplete Mississippi Toyota plant within the town of Blue Springs has been slated for a resumption of construction, a move that should bring 2,000 jobs to the area. As outlined by the Associated Press, Toyota has made it clear that they expect the Mississippi Toyota plant to be fully functional by the fall of ...
Ford ahead of foreigners in auto quality rankings for very first time
Auto quality rankings released Thursday listed U.S. automakers ahead of imports for mass-market new cars for the very first time ever. Among mass-market brands, Ford Motor Co. ranked No. 1 for quality in the J.D. Power and Associates car review consumers use as a guide for auto quality rankings. Toyota, usually near the top, fell ...
LEV, SULEV, PZEV and a lot more – Abbreviations and emissions
You will find numerous regulations within the world of option fuel and low emission autos. While national regulations on automobile emissions do exist, some states have a lot more strict standards. Some abbreviations about emissions have been made. Here are the meanings of probably the most popular abbreviations.
Low emission automobile – LEV and NLEV
The LEV ...