Best and Worst U.S. Cities for Driving

First Up 04/10/18

China's Xi Jinping Says Tariffs on Car Imports Will Be Cut This Year
According to CNN, Chinese President Xi Jinping on Tuesday said his government would "significantly lower" tariffs on vehicle imports this year as part of efforts to further open its giant economy to the world. The pledge addresses one of the gripes of US President Donald Trump, who has threatened to impose new tariffs on $150 billion of Chinese goods in a trade dispute between the world's two largest economies. Experts cautioned, though, that Xi's comments may not do much to resolve the conflict, which has rocked markets in recent weeks. During an eagerly awaited speech at a development conference on the tropical Chinese island of Hainan, Xi billed the planned cut in vehicle tariffs and a series of other measures as "a new phase of opening up." But many of the steps he outlined are ones Beijing has already proposed in some form. For example, the Chinese government had promised in November to "gradually and properly" reduce tariffs on imported vehicles, though it didn't give a specific time frame for doing so. Read more here

VW Mulls Replacing Mueller as CEO in Management Shakeup
Volkswagen could replace its CEO as part of an overhaul of its management structure, it said on Tuesday. According to Automotive News, CEO Matthias Mueller has expressed his general willingness to participate in the changes, VW said in a statement, adding it was open whether efforts to develop a new leadership structure would bring about personnel changes on its management board. Chairman Hans Dieter Poetsch is currently in talks about changing the structure with fellow supervisory board members and members of the management board, VW said. Read more here

Mexico's NAFTA Chief Signals Initial Deal Unlikely This Week
Mexican Economy Minister Ildefonso Guajardo lowered expectations that the three NAFTA nations will reach an initial deal this week, saying instead he sees an 80 percent chance of an agreement by the first week of May, reports Automotive News. “We are within weeks of knowing if the NAFTA talks close with success,” according to Guajardo, who is in charge of the negotiations for the Mexican government. He spoke Monday morning in an interview with Televisa, Mexico’s biggest broadcast network. The White House has been pushing to announce a preliminary deal on the North American Free Trade Agreement at the April 13-14 Summit of the Americas in Peru. Cabinet ministers from the three nations met in Washington on Friday, with negotiations scheduled to continue at the technical level on Tuesday. Read more here

Best and Worst U.S. Cities for Driving: Annual Waze Rankings
Everyone likes to kvetch about traffic and driving conditions, but drivers in some cities have far fewer complaints, reports USA Today. That's the conclusion of Waze's annual Driver Satisfaction Index, which uses driving data from its millions of users across the USA to rank the 61 best – and worst – metropolitan areas. Using a combination of metrics – including safety, traffic, and road quality – Waze declares the happiest driving city to be Greensboro, N.C. The least happy is Honolulu. See Waze's rankings for the ten top and bottom cities for driving satisfaction in the slideshow here

The Best Crossover SUV Lease Deals –All Under $200 a Month
Forbes is featuring the best new-vehicle lease deals that reside in the hottest-selling segment of the automotive business, namely crossover SUVs. Compact models in particular account for huge numbers right now – they're the top sellers in virtually all automakers' lines (not counting full-size pickup trucks), with sales up by nearly 19 percent over the first three months of 2018. Two of the top-selling compact models are represented among our top lease deals for April, the Nissan Rogue, and Toyota RAV4. Forbes is featuring an even dozen crossover SUVs in each of three size classes that are leasing through the end of April for under $200 a month in the accompanying slideshow. This month’s list is heavy on the burgeoning assortment of subcompact crossover models, led in sales by the Buick Encore. While this segment has seen tremendous growth the last couple of years, the numbers tend to pale when compared to the far more-popular compacts, with recently introduced models like the Toyota C-HR and Ford EcoSport on our list struggling to make an impact. Read more here

Webinar: Where Have All the Good Used Cars Gone?
Just back from the NADA Convention, award winning speaker Doug Hadden, Executive Director Dealer Sales and Services at ADESA, will join AutoTalk to investigate where you can find those profitable $8,000 - $12,000 trade-ins. These highly sought after cars have been in short supply for quite some time. Doug shares some great tips on how to locate and purchase these in-demand units.

Doug will address the following opportunities:

  • Digitally offered fresh trades 

  • First offered open sales other brands

  • Upstream closed online sales

Happening Tuesday, April 17, 2018, with sessions held at 10:00 a.m. EDT and 4:00 p.m. EDT. To register for one or both sessions, click here.

Around the Web

2020 Lamborghini Aventador SVJ Spy Shots [MotorAuthority]

The Next Land Rover Defender Will Come to the U.S. [Road and Track]

Subaru Sells 2 Millionth Outback in the U.S. [Autoblog]

Big Shift in Electric Car Market [Business Insider]