Author Archives: Loknath Das

Auto show Its goodbye small and hello big in New York

The auto industry has always had a knack for rolling out new models at just the wrong time. Some fear that’s about to happen again. When gas prices spiked past $4 a gallon in 2008, automakers realized they lacked smaller, more efficient cars like hybrids that embraced gas-saving technologies. In the past few years, automakers bet that midsize and compact sedans ... Read More »

GM Joins Ford Worrying About Declining Used-Car Prices

General Motors Co. said a glut of used cars will return to market after their leases expire and drag on its finance unit this year, following similar warnings by peer Ford Motor Co. and lenders such as Ally Financial Inc. The prices of used cars in GM Financial’s leasing portfolio will decline about 7 percent this year, GM Chief Financial ... Read More »

Nunes steps down from Russia-Trump investigation

House Intelligence Committee Chairman Devin Nunes on Thursday stepped down temporarily from his role leading the committee’s probe of Russian interference in the 2016 presidential campaign and possible surveillance of Trump associates by the prior administration. Nunes in a statement cited the efforts of “several leftwing activist groups” to lodge “entirely false and politically motivated” accusations against him with the ... Read More »

Auto show causes cases of new car fever

Photo: Mark Mulligan, Staff Photographer Jesse Randall often sprang for a new Dodge pickup in the boom years, when he drove more than 10,000 miles a month hauling drilling equipment to oil fields. His odometer didn’t move much last year as he scrambled for work in the depths of the bust, giving him little reason to trade in his truck. ... Read More »

Focus Paralane 105 review

BikeRadar verdict “Part endurance racer, part gravel, all fun”   Highs: Clever, compliant chassis melded with great handling and a comfortable position too   Lows: You’ll want to try it out sooner rather than later with some lighter hoops   Buy if: You want a confident handling endurance bike with a clever chassis and all-road ability Focus has been quite ... Read More »

What Amazon’s physical bookstores say about the future

Amazon pushes into brick and mortar    19 Hours Ago | 01:57 Amazon is quietly expanding its bookstore footprint — a move that could offer clues about its ambitions for other types of stores. The e-commerce giant told CNBC on Tuesday it will open another New York City bookstore location this summer at 7 West 34th St., across from Empire State ... Read More »

Mazda CX-5 (2017) review

Cliches often don’t stand up to scrutiny but here’s one that is very much on-point: Mazda doesn’t make a bad car. With a combination of eye-catching design, engaging handling and Downsize This capacity engines, the Japanese manufacturer has tapped into the priorities of the collective petrolhead consciousness to offer a pleasing alternative to mainstream austerity-autos. It’s been doing this quietly ... Read More »

Fairlight Strael long term review

BikeRadar verdict “Spec changes considered, this is a near perfect all-season road bike” Highs: Unmatched levels of fit refinement for a production bike; exceptional handling; incredibly versatile; very handsome paintwork Lows: Slightly disappointing wheel/tyre combo let down otherwise excellent bike Buy if: You’re in the market for an exceptionally comfortable all-season road bike that will handle most terrain with ease ... Read More »

Lexus teases refreshed NX for Shanghai auto show

As much as we like to think we’re the center of the universe, plenty of automakers reserve new vehicle announcements for auto shows beyond the US and Europe. Case in point, Lexus. It will introduce a refreshed version of the NX crossover at Auto Shanghai 2017. A refresh typically takes place halfway through a vehicle’s lifecycle, and the changes are ... Read More »

Hertz bears brunt of ‘freak out’ over used-car prices

As investor panic spreads about the plunging prices of used cars in the U.S., one company and its high-profile top investor are enduring the biggest beating: Hertz Global Holdings Inc. and billionaire Carl Icahn. Hertz shares lost one-fifth of their value last week, as a troubling reading for a used-vehicle price index was followed by warnings that lender Ally Financial ... Read More »