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Why you should never buy a car with ‘californiagate’ sticker on it

July 28, 2021adminReservationautomobile emblems, automobile timeline, california automobile association, pontiac automobile, types of automobile

A California auto safety agency says it will suspend sales of new models of the Fiat Chrysler and Chrysler Group vehicles that feature the “califORNIA” symbol.The California Department of Motor Vehicles announced Monday it would stop sales of the new Fiat 500X, Fiat 600 and Chrysler 300 vehicles in the state.It said the stickers were…

When the car boom dies off in 2020, automakers will likely need a $4.3 billion bailout

By 2020, car companies are likely to need $4 billion in government bailouts, according to the American Automobile Association.The automaker industry has been in a crisis of its own making.It has lost a record $20 billion in market value since its 2007 peak, according the AAA.Its sales and profits have plummeted from a peak of…