Fisker Automotive has been sold, ladies and gentlemen. According to Automotive News, Wanxiang from China won the company after a few tense days of bidding between it and Hybrid Tech Holdings from Hong Kong. The winning bid came in at $149.2 million, which, rather interestingly, is almost six times the amount Fisker itself sought to recover from bankruptcy. http://green.autoblog.com/2014/02/15/wanxiang-wins-bid-for-fisker-at-149-million/?ncid=txtlnkusaolp00000588

If you’re willing to brave the miserable cold snap that has been keeping most of the country indoors, there are some great car deals out there this December. As 2013 comes to a close, dealers look to hit yearly sales targets and clear old models off of their lots by heavily incentivizing certain vehicles. This […]

The worst value new car on the market is the Nissan Armada, according to the venerable publication Consumer Reports. With terrible fuel economy, poor reliability, a high starting sticker price and bad driving dynamics, this big SUV costs a whopping $1.20 per mile driven. For comparison, the Toyota Prius, which is the best value new car, […]

Auto sales continue to be a source of good news for the American economy. Car sales were up 8.9 percent compared to last November, and up 8.4 percent overall this year compared this time in 2012. http://autos.aol.com/gallery/best-selling-cars/

To all our clients, team members, vendors and families we wish you a blessed Merry Christmas and a Happy New Year! Thank you! L&M Management