| Fitch U.S. Consumers Pay Down Auto ABS Debt |
May 22nd, 2013 |
Fitch: Recession Concern Dampens European Investor Sentiment An increasing number of investors expect fundamental credit conditions will deteriorate across sectors, according to a Fitch Ratings investor survey. The more circumspect sentiment was most notable for the sovereign segment, where the proportion of survey respondents anticipating worsening conditions more than doubled to 55%, from 24% ...
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| BRIEF-Ex-GM exec Bob Lutz Chinas Wanxiang offer $20 mln for Fisker Automotive-sources |
May 22nd, 2013 |
DETROIT | Wed May 22, 2013 3:07pm EDT DETROIT May 22 (Reuters) - * Former GM exec Bob Lutz, China's Wanxiang Group offer $20 million for Fisker Automotive - ...
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| Volkswagen Updating 2009-2012 TDI Cars to Prevent Potential Fueling Issues |
May 22nd, 2013 |
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In an effort to prevent gasoline from being pumped into diesel-powered vehicles, Volkswagen will retrofit the fuel filler neck on certain TDI models. Damage caused by the wrong fuel isn’t covered under Volkswagen’s warranty policy. A notice was sent to dealers last week and the automaker will begin notifying customers of the service campaign on [...]
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| Volkswagen moves to keep gas out of diesel cars |
May 22nd, 2013 |
It has a simple retrofit solution It's hard to imagine a more painful mistake than accidently pumping gasoline into the tank of a diesel car, resulting in costly engine damage. Now Volkswagen is taking steps to make sure it never happens.The leading maker of car diesels in the U.S. plans to retrofit 209,500 cars with barriers to make sure motorists can't mistakenly pump gas into their ...
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| 2013 Scion iQ EV Quick Drive |
May 22nd, 2013 |
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Here's a Scion iQ You'd Actually Want to Buy, Except You Can't
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| FFDS Names Eduardo Villadiego as Director of Client Relations and Claims |
May 22nd, 2013 |
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Family First Dealer Services, LLC (FFDS) is pleased to announce that Eduardo Villadiego is joining the FFDS team as the Director of Client Relations and Claims effective May 20, 2013.
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| Citroen DS5 HDi diesel crossover wagon added to local line-up |
May 22nd, 2013 |
has been added to the local crossover wagon line-up, giving buyers an alternative to the existing petrol variant. Priced from $51,990 and powered by a 120kW/340Nm 2.0-litre turbo-diesel engine, ...
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| Will Emirates love for environment drive in hybrid cars |
May 22nd, 2013 |
Manufacturers are waiting for interest in hybrids to grow Hybrid cars are reaching the Gulf in limited numbers. But those who want to do their bit for the environment, or make a statement, will have to dig deep into their resources -- the niche here is dominated by prestige, performance marques such as Porsche, Lexus, BMW and McLaren Automotive.And for now, these companies are not particularly ...
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| Seoul shares end at 7-week high on foreign buying autos |
May 22nd, 2013 |
Wed May 22, 2013 3:23am EDT * Seoul shares rise as foreign buying extends to 4th day * Auto stocks rally on hopes over union agreement SEOUL May 22 (Reuters) - Seoul shares hit a 7-week closing high on Wednesday on robust foreign investor buying after Federal Reserve officials played down the chances of scaling back the bank's stimulus programme, with rallies in autos further lifting the ...
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| Three Former Saab Execs Arrested on Tax Evasion Charges |
May 22nd, 2013 |
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If you were at the top of the executive food chain back when the now-defunct Saab was still making vehicles, then your week didn’t get off on the right foot. Former Saab CEO Jan-Aake Jonsson, Chief Financial Officer Karl-Gustav Lindstroem, and former general counsel Kristina Geers were all arrested in an accounting-fraud probe. All three [...]
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| We May All Be Driving Electric Cars In The Future But That Future Is Really Far Away |
May 22nd, 2013 |
Electrified transport is key to a lower carbon future. According to the International Energy Agency, three-quarters of new cars need to be EVs by 2050, if we're to stay within "safe" global warming limits (generally said to be 2 degrees Celsius above pre-industrial levels). To give you an idea of how many sedans that is--it's a lot. The IEA's goal is 5.9 million new EVs ...
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| Brooklyn Center auto mechanic sues claiming co-workers uttered gay... |
May 22nd, 2013 |
A mechanic says that his co-workers at a Twin Cities car dealership accosted him with gay slurs and threats and that when he complained to superiors, the company did nothing. In a lawsuit filed in Hennepin County District Court, Joel Michael Roland also says he was disciplined for "speaking in a high-pitched voice and lisping," which a customer interpreted as being demeaning to ...
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| Train service to resume from Connecticut to NYC Wednesday |
May 22nd, 2013 |
Transportation officials said Tuesday would be the last day of hampered rail commutes from Connecticut to New York City because of last week's train accident. A Metro-North train derailed Friday and sideswiped another train, injuring 70 people and tearing up 2,000 feet of track. Both Metro-North and Amtrak will resume full service Wednesday, The Hartford Courant reported. Amtrak said it ...
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| Longtime auto industry lobbyist will retire |
May 22nd, 2013 |
Washington - One of the longest serving auto industry lobbyists said late Tuesday he will retire early next year. Mike Stanton, president and CEO of the Association of Global Automakers, the trade association representing primarily Asian and luxury automakers, disclosed his decision at a meeting Tuesday. Stanton, who will be 69 when he retires, plans to spend more time with family and friends. ...
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| Police nab fake soldier recover N15m cars |
May 22nd, 2013 |
Commissioner of Police, Mr. Chris Olakpe, on Tuesday said the command also arrested about 29 suspects for various crimes in different parts of the ...
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| Honda showcases 9th generation Civic |
May 22nd, 2013 |
The Honda Place Nigeria has unveiled the ninth-generation Honda Civic in Lagos. It was recently face-lifted to incorporate upscale features such as sleek, energetic and aerodynamic design. Head of sales and marketing, Mr. Deepak Daryanani said the previous-generation Honda Civic had a revolutionary look, but added that Honda had chosen evolution for the latest model. The new Civic, according ...
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| Saab executives arrested in accounting fraud investigation |
May 22nd, 2013 |
executives, including the company’s past CEO, have been arrested by Swedish officials as part of an accounting fraud investigation. The Swedish Economic Crime Authority’s chief prosecutor, Olof Sahlgren, confirmed three people were questioned on Monday in relation to ';grave attempts to complicate tax controls';. While Sahlgren declined to name those involved, Bloomberg ...
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| IndyCar penalizes three 500 cars for violations |
May 22nd, 2013 |
AJ Mast/AP INDIANAPOLIS (AP) -- IndyCar officials fined Graham Rahal's team $10,000, Ryan Briscoe's team $5,000 and Michel Jourdain Jr.'s team $1,000 Tuesday after they failed post-qualifying inspection. IndyCar said Rahal's team failed to comply with cooling rules that apply to the car and the driver. It did not specify what the Rahal Letterman Laningan team ...
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| Photo of the Day: Herbie! |
May 21st, 2013 |
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We’re going to bug you with our newest feature. Bug you. Get it? Because it’s a picture of a… ahh, okay, forget it. That was lame. Seriously, though. New feature. We’re going to call it…ready…”Photo of the Day!” But not every day. Not at first. For now, this semi-regular feature will jump into our photo [...]
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| Hennessey’s Ford Raptor–Based VelociRaptor SUV: Eight Seats, 600 hp |
May 21st, 2013 |
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Texas is a big state with big ambitions—the home of big trucks with big horsepower. Thanks to John Hennessey, the pride of Sealy, Texas (at a population of 6019, we might point out that’s not so big) the list of bigs now includes his VelociRaptor, a custom-built SUV converted from Ford’s F-150 SVT Raptor that [...]
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| 2014 Toyota Corolla Taillight Teased on Facebook |
May 21st, 2013 |
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Toyota Teases the 2014 Corolla's Taillight
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| Forza Motorsport 5 Announced, Coming to Xbox One (W/ Video, Poll) |
May 21st, 2013 |
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The first racing game for a next-generation video game console is coming. When Microsoft revealed the new Xbox One (the replacement for Xbox 360) today, the company noted that Forza Motorsport 5 was coming to the new console this holiday season. With the announcement comes a new trailer featuring the new McLaren P1 and the [...]
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| EXCLUSIVE-Wanxiang VL Auto bid on Fisker others eye DOE buyout |
May 21st, 2013 |
Tue May 21, 2013 2:23pm EDT * Ex-GM exec Lutz leads one group of investors (Adds details on investors' efforts, background) By Deepa Seetharaman DETROIT May 21 (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer to buy cash-strapped "green" car company Fisker Automotive this month, people ...
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| GM to invest $44.5M on Lansing logistics center creating 200 jobs |
May 21st, 2013 |
General Motors Co. officially announced Tuesday that it will spend $44.5 million to build a logistics center at its Lansing Grand River Assembly Plant. The company said the new 400,000-square-foot building, which will go next to the plant, will create 200 new jobs. The center will sequence and assemble parts to help with manufacturing flexibility at Lansing Grand River, GM said. It also will save ...
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| Marchionne apologizes to Italian-Americans for offensive remark |
May 21st, 2013 |
Fiat-Chrysler CEO Sergio Marchionne has apologized to Italian-Americans for using the ...
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| PURE Introduces Auto Insurance Option to Massachusetts Drivers |
May 21st, 2013 |
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to high net worth individuals and families, will begin offering automobile insurance to its membership in Massachusetts. PURE began insuring fine homes, jewelry and art collections, excess liability and watercraft in the Commonwealth in 2011. PURE Member Advocates offer ...
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| U.S.-Built Nissan Leaf Gets Mileage Sales Jolt |
May 21st, 2013 |
to the U.S. from Japan -- not just in terms of fuel economy improvements but in sales figures as well. The EPA has given the electric vehicle's 2013 version a 16-mpg bump in its mileage ratings thanks to enhancements made following the move stateside. Meanwhile, a price reduction helped propel the Leaf to its best sales month ever in March, bringing total U.S. sales to 25,000 since the car ...
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| High-speed chase of stolen Jaguar nets two suspects in Oakland home-invasion robbery |
May 21st, 2013 |
OAKLAND -- A high-speed police chase of a Jaguar sedan stolen in an Oakland home invasion robbery netted two felons who were in the car and who were both wearing tennis shoes taken in the heist, authorities said Tuesday.Two other suspects are still being sought.The two men arrested were identified by police as Toryon D. Hardy, 23, of Hayward, and Anthony Scott, 20, of San Leandro. Hardy is on ...
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| The 2014 Mercedes-Benz E-Class Coupe and Cabriolet Head to the Showroom Floor |
May 21st, 2013 |
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The 2014 Mercedes-Benz E-Class Coupe and Cabriolet are heading to the showroom next month, just in time for summer. Whether you want to feel the wind ripping through your hair as you drive down the coast or zip through the city streets in style, there’s an E-Class to fit any lifestyle….for a price. The new [...]
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| John Phillips: Take The Test Drive—Really, Take It |
May 21st, 2013 |
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There are certain workers upon whom Americans would gladly deposit sheep entrails: trial lawyers, Wall Street bankers, congressmen. Of course, the most virulent contempt has historically been reserved for car salesmen. Which is odd. I love car salesmen. I love their stories, I love their tactics, I love undercoating, I love the occasional sewer transaction, [...]
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| AiM Hits Milestone |
May 21st, 2013 |
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 Alliance Inspection Management (AiM) recently passed an important milestone by hitting 60 million vehicle inspections.
The inspection took place at Sterling Heights Dodge in Michigan on behalf of Kathy Lewis of Anchorage, Alaska, more than 3,800 miles away.
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| We Hear: Kia Quoris Luxury Sedan Launching in U.S. in 2014 |
May 21st, 2013 |
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Luxury sedan arriving 2015.
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| DB Schenker to Manage DAF Trucks Logistics Operation in Brazil |
May 21st, 2013 |
has selected DB Schenker in Brazil as its logistics service provider.The Brazilian arm of the global logistics provider will be responsible for export consolidation, supply chain visibility and import logistics in support of DAF Brazil's new truck assembly plant in Ponta Grossa, in the state of Paran. DB Schenker will be responsible for the door-to-door air and ocean transportation between ...
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| Police nab fake army officer recover N15m cars |
May 21st, 2013 |
Plateau State Commissioner of Police, Mr. Chris Olakpe, has said that his command has recovered various brands of cars worth over N15 million. He said that about 29 suspects were also apprehended for various crimes in different parts of the state, among whom was a fake army officer. Addressing newsmen in Jos on Tuesday on the breakthrough his men had had over the last few months, the ...
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| Detroit state reps unveil no-fault auto insurance reform plan |
May 21st, 2013 |
Detroit - The city's nine Democratic state House members announced an auto insurance reform package Monday that seeks to drive down the rates Detroiters pay as well as make public information from a $14 billion fund for catastrophic accident claims. The bills, still in draft form, would restructure the Michigan Catastrophic Claims Association to force it to hold open meetings, be subject to ...
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| Mitsubishi MiEV Evolution II electric racers bound for Pikes Peak |
May 21st, 2013 |
Mitsubishi MiEV Evolution II prototype racers feature an all-electric four-wheel-drive powertrain comprising four 100kW electric motors - two at the front and two at the rear - for a total output of 400kW, up 67 per cent on the 240kW three-motor set-up of last ...
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| Small jets US certification delayed by a year Honda |
May 21st, 2013 |
Mayer, CEO of the biggest US Web portal since July, is betting that Tumblr will help transform Yahoo into a hip destination in the era of social networking as she challenges Google and Facebook ...
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| Toyota-BMW sports car concept headed for Tokyo motor show report |
May 21st, 2013 |
Toyota’s version - will be revealed at the Japanese brand’s local show, giving the world its first look at the fruits of the highly anticipated partnership. Unlike ...
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| Introducing Automotive.com’s Newest Long Term Vehicle: 2013 Volvo S60 T5 AWD |
May 21st, 2013 |
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Volvo wants you to know that its certified pre-owned cars are just as good and reliable as its new cars. Yes, every automaker will say exactly the same thing about its own product, but for 2013, only one premium automaker has the backing of Intellichoice, “the market leader in automotive ownership cost and car values [...]
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| Automakers back EU-US trade deal |
May 21st, 2013 |
Washington Automakers support a proposed free trade deal between the United States and European Union, and want auto safety regulations harmonized on both sides of the Atlantic. Vehicle and auto parts trade between Europe and the United States was $57 billion in 2012, accounting for 9 percent of the total $646 billion in U.S.-EU trade. The Association of Global Automakers is the trade group ...
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| BMW 1 Series GT seven-seater MPV spied |
May 21st, 2013 |
While both compact MPVs share styling from the B-pillar forward, the rear end of the larger-capacity 1 Series GT is more upright in an effort to create more space. Despite technically being an all-wheel-drive concept - with the hybrid's electric motor powering the rear wheels - the BMW Concept Active Tourer previewed BMW's new front-wheel-drive platform that will underpin the upcoming ...
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| Brooklyn Center auto mechanic sues claiming co-workers uttered gay slurs |
May 21st, 2013 |
A mechanic says that his co-workers at a Twin Cities car dealership accosted him with gay slurs and threats and that when he complained to superiors, the company did nothing. In a lawsuit filed in Hennepin County District Court, Joel Michael Roland also says he was disciplined for "speaking in a high-pitched voice and lisping," which a customer interpreted as being demeaning to ...
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| Best used cars 2013 |
May 21st, 2013 |
See our story for strategies on how to get the best deal.)Vehicles have automatic transmissions, unless noted otherwise, and all have standard stability control and front, front side and head-protecting airbags. Dealer, private-party and certified prices are averages based on actual transactions reported ...
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| Chrysler Working on a New Supercharged V-8 “Hellcat” Engine; Power Numbers Approaching Viper’s 640 Horsepower |
May 20th, 2013 |
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You know that whole corporate average fuel economy standards thing where the government is asking automakers to start producing vehicles that achieve 54.5 mpg by 2025? Yeah, Chrysler Group is aware of CAFE and plans to participate, but that’s not to say it won’t build one last ozone-incinerating 6.2-liter V-8 supercharged Hemi engine before these [...]
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| TOTD: What Car Did You Love Until You Actually Drove It? |
May 20th, 2013 |
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Our idea of how some cars should drive doesn’t always match the reality, and when we build up a car in our mind, we sometimes set ourselves up for disappointment. For today’s Thread of the Day, forum user PR32A wants to know which cars you thought you loved until you drove them. A couple posters [...]
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| 2014 Nissan GT-R Track Edition Tested on Ignition (W/Video) |
May 20th, 2013 |
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The Nissan GT-R is constantly evolving, and the new Track Edition is designed to crank the car’s already impressive performance up a few notches. Is the GT-R’s latest iteration still capable of humbling its pricier competitors? Host Carlos Lago puts it to the test on this week’s Ignition to find out. We begin with an [...]
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| Hellcat? Dodge Challenger May Gain 6.2-Liter Supercharged V-8 |
May 20th, 2013 |
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Chrysler may develop supercharged V-8.
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| Top 10 Cars From “The Fast and the Furious” Movies |
May 20th, 2013 |
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Our Favorites From the First Five
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| Analytica secures Taiwanese distributor for time-saving Auto Start Burette |
May 20th, 2013 |
(MENAFN - ProactiveInvestors - Australia)Analytica has secured a letter of intent from a major Taiwanese medical products distributor to roll out its time-saving Auto Start Burette initially in Taiwan and then into other Asian markets.Taiwan Allied Dragon (TAD) will distribute the product to Taiwan's medical system, which consists of over 507 hospitals and 20,628 clinics.The Auto Start ...
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| Cars.com Reviews the 2013 BMW 135is |
May 20th, 2013 |
With the 135is, BMW took a less-is-more strategy -- and to good effect. The compact coupe delivers an entertaining driving experience with refreshingly few frills, says Cars.com reviewer Mike Hanley. Its potent turbocharged inline-six engine and slick-shifting six-speed manual make it engaging; its simple interior layout and gadget-free control system keep the focus on the ...
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| Former Aransas County Sheriff killed in auto accident |
May 20th, 2013 |
Aransas County Sheriff Mark Gilliam jokingly offers up his hot dog to McGruff the Crime Dog in 2008 during the National Night Out Against Crime at the Rockport ...
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| Nissan Mitsubishi kick off joint minicar production |
May 20th, 2013 |
';I was stopped by two men in a government-registered vehicle, blindfolded and dragged off the street. They took me away to a house in a place I did not know. I was forced into a room with blood all over the walls and floor, ...
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| Brooklyn Center auto mechanic claims co-workers uttered gay slurs |
May 20th, 2013 |
A mechanic says that his co-workers at a Twin Cities car dealership accosted him with gay slurs and threats and that when he complained to superiors, the company did nothing. In a lawsuit filed in Hennepin County District Court, Joel Michael Roland also says he was disciplined for "speaking in a high-pitched voice and lisping," which a customer interpreted as being demeaning to ...
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| Toyota to increase lithium-ion battery production for hybrids |
May 20th, 2013 |
Toyota Motor Corp. is planning to increase production of lithium-ion batteries by six times, as the automaker prepares to eventually use them in its flagship Prius gasoline-electric hybrid cars, the Nikkei business daily reported on Sunday. Currently, most of Toyota's hybrid vehicles use nickel-metal hydride batteries but the automaker is planning to make more cars with lithium-ion ...
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| AAA Fear of Unknown Fuels Aversion to EVs |
May 20th, 2013 |
If U.S. car shoppers were more informed about the capabilities and advantages of electric vehicles, they'd be more inclined to buy one, according to AAA. Despite technological advancements and thousands of available charging stations that make EVs far more practical than before, an AAA survey showed that eight out of 10 adults are still either unsure about or unlikely to buy one. Mileage ...
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| Under-Floor Storage Keeps Clutter to a Minimum |
May 20th, 2013 |
Whenever I get a test car, I always lift the cargo-floor flap just to see if it's there -- the under-floor storage tray, which always confounds me. What can someone do with the partitioned, shallow foam tray besides look at it and wonder what will fit in there? It's not big enough to house dirty shoes or jugs of windshield washer fluid. So, what does fit then? I usually ignore the ...
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| 8 most outrageous SUVs on earth |
May 20th, 2013 |
Hummer is dead -- long live the SUV! It's been more than a decade since the SUV craze of the 1990s, and it is a new world for sport-utility vehicles. Many once-rugged vehicles are getting watered down and losing their toughness as automakers cater to the majority of drivers who never go off-road. But there are still hard-core SUVs out there, and some of them are so surprising in their ...
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| Detroit lawmakers present no-fault auto insurance reform plan |
May 20th, 2013 |
Detroit - Democratic state lawmakers from the Motor City announced their own auto insurance reform package Monday that seeks to drive down the rates that Detroiters pay as well as force transparency into a $14 billion fund for victims with catastrophic accident claims. The package of bills, which remain in draft form, would restructure the Michigan Catastrophic Claims Association to force it to ...
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| V2V Lets Cars Talk to Each Other |
May 20th, 2013 |
technology that manufacturers are looking into is a system that would enable future cars to communicate with each other. Called Vehicle-to-Vehicle communication, or V2V, the system aims to avoid accidents on the road by using wireless signals to send information back between cars about their location, speed and direction. Researchers are also studying vehicle-to-infrastructure communication ...
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| Confirmed: Kia Quoris Luxury Car Coming to U.S. Next Year; Redesigned Sedona Nearing Daylight |
May 20th, 2013 |
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“Next year.” Those two words during a dinnertime conversation are all you need to know when it comes to the Kia Quoris full-size luxury sedan going on sale in the U.S. Speaking with an official from Kia Motors at last week’s launch for the 2014 Kia Cadenza full-size sedan, we were told Kia’s rear-wheel-drive luxury [...]
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| Show-Me States: How Temperature and Convertible Sales Relate [Infographic] |
May 20th, 2013 |
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There’s a strong correlation between the warmth of your locale and how likely you are to drive a convertible. In Alaska, where even the bear farts are cold, only 0.34 percent of vehicles are droptops. Convertibles make up 3.92 percent of balmy Hawaii’s car fleet. But check out the fun-lovers of the Northeast. And what’s up, West [...]
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| Credit Acceptance Secures Financing |
May 20th, 2013 |
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 Credit Acceptance Corp. recently completed a $140.3 million asset-backed non-recourse secured financing.
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| CFPB Launches Spanish Site |
May 20th, 2013 |
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 The Consumer Financial Protection Bureau has launched its Spanish language website.
The website, which is optimized for mobile use, provides access to essential consumer resources such as how to submit a consumer complaint and answers to consumers' frequently asked questions.
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| A new line of business at Currys Auto Service |
May 20th, 2013 |
Gainesville-based Curry's Auto Service has received exclusive distribution rights to a battery-conditioning technology created by a former General Motors employee that can make a hybrid car's battery come back to life, The Washington Post reported. The process takes about five hours of hands-on time. The battery pack is removed from the vehicle and attached to a machine, where it is ...
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| Court interdicts Mercedes-Benz strike |
May 20th, 2013 |
Thousands of striking workers at the Mercedes-Benz plant in East London are expected to return to work after the company obtained a court interdict against their protest on ...
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| Recall Alert 2005-08 Maserati Quattroporte 2008 Granturismo |
May 20th, 2013 |
Maserati is recalling 7,438 model-year 2005-2008 Quattroporte and 2008 Granturismo vehicles due to faulty tie rod assemblies, according to the National Highway Traffic Safety Administration. The handful of model-year 2008 Alfa Romeo 8Cs sold in the U.S. are also affected. The affected vehicles have rear tie rod assemblies that lack a sufficient amount of anti-corrosion material, allowing them to ...
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| New Research Promoted by Michael Cerussi Regarding Teen Auto Deaths Begs Parents to Make Changes |
May 20th, 2013 |
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A recent article outlines the important ways parents can safeguard their teens from auto deaths, advice supported by Michael Cerussi.
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| 10 outrageous options on luxury cars |
May 20th, 2013 |
Just another example of how much a car can be when engineers have the budget to do it and how people feel that all these options make them more luxurious. Let's be real though. This is nothing to drool about because these cars will only be bought and driven by the wealthy, not rich. That means that 99% of us have a front row seat to view it from the storefront window. Be careful not to ...
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| Holden VF Commodore production begins |
May 20th, 2013 |
VF Commodore production sees aluminium bonnet and bootlid panels (supplied by Adelaide-based supplier Hirotec) used for the first time in an Australian car, highlighting the skill and capabilities of Australian manufacturing. A lightweight aluminium instrument panel beam from Diver Industries in Melbourne and General Motors' new 'Global A' electrical architecture - both made ...
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| Industrial Production Slows as Autos and Utilities Drop Unexpectedly |
May 20th, 2013 |
Retail Sales Show Signs of Improvement Despite the Decline in Gas Prices - The retail sales report for April showed a slight rise in consumer spending despite the call for a consensus decline. Headline retail sales rose 0.1%, which is modest considering the 0.5% decline seen in March. The nominal figure was higher than expected given the lower gas prices seen during the month. Sales at gasoline ...
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| Seoul shares slip autos gain food companies fall |
May 20th, 2013 |
SEOUL | Mon May 20, 2013 2:09am EDT SEOUL May 20 (Reuters) - South Korean shares edged lower on Monday,with gains in automakers such as Hyundai Motor offset by falls in food companies as institutions sought to take profits on the sector. The Korea Composite Stock Price Index finished down 0.2 percent at 1,982.43 points. (Reporting by Jungyoun Park; Editing by Richard ...
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| 10 Most Useless Car Technologies |
May 20th, 2013 |
Whoever wrote this sounds like some one who just hates technology. Pretty sure the map lights helped me a lot of times, it does get dark in the car and if I drop something I need to see it. ...
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| General Motors and Deloitte Touche in $303 million securities class action |
May 20th, 2013 |
A securities class action brought against General Motors (GM) by German’s DekaBank has led to a cash settlement of $277 million. In one of the biggest shareholder recoveries of 2008, the settlement will be paid to shareholders following an alleged misstatement of the auto company’s financials dating back to 2000. GM’s outside auditor, Deloitte & Touche, is ...
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| 10 Things Your Car Will Have By 2020 |
May 20th, 2013 |
I agree with some of this. Cars do need to shave a few pounds that's for sure. The driver seat of a chevy suburban weighs 90+ lbs. I mean come on. The Amish could build a lighter seat. If the Corvette has taught us anything its you can build a lightweight aerodynamic car that gets good fuel mileage and it can still be beautiful. But on the other hand they coming up ...
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| Ford projects rise in four-cylinder vehicle sales |
May 20th, 2013 |
In 2008, new vehicles with four-cylinders made up 40 percent of the market, according to market researcher R.L. Polk & Co.; today, they are 53 percent of the new-vehicle market. ...
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| China Grand Auto top dealership |
May 20th, 2013 |
/enpproperty--> China Grand Auto topped the ranking of the 100 biggest auto dealer groups in China last year with revenue of 72.6 billion yuan, according to a recent report by Automobile Dealers Association. Sinomach Automobile Co Ltd, with more than 62 billion yuan in revenues, claimed the second ...
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| Land Rover Defender LXV Review Quick drive |
May 20th, 2013 |
Land Rover's new Defender LXV Special Edition is likely to represent the model's swansong, bookending the Defender's singularly utilitarian history with the most luxurious version ever built. Tracing its roots back to the original Land Rover series launched in 1948, this is not only a last hurrah for the British off-road icon but also a celebration of 65 years of the Land Rover ...
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| Lexus IS TRD hots up new Japanese sedan |
May 20th, 2013 |
Lexus IS TRD pack features an aggressive bodykit with muscular front and rear bumpers, broad side skirts, rear spoiler and diffuser, and quad sports exhaust ...
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| MT Video Week in Review: Drifting M5, Four Generations of BMW M3, Audi S8 Epic Drive |
May 20th, 2013 |
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This week’s video roundup is one of the most diverse we’ve done in a while. Those of you that are BMW enthusiasts will especially like this week’s collection of videos, with a record-breaking drift by an F10 M5, a discussion of the best M3s of all time, and a video with all four generations of [...]
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| Aston Martin V12 Vantage GT3 leading Nurburgring 24 Hours |
May 20th, 2013 |
remains in the lead after passing an Audi R8 to claim the top spot. After starting the race from second on the grid, Aston Martin works driver, Allan Simonsen, passed the Phoenix Racing Audi R8 to claim the lead on lap 10 of the gruelling 24-hour endurance ...
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| South Korean shares edge up on foreign buying autos gain |
May 20th, 2013 |
Sun May 19, 2013 10:47pm EDT * Foreigners buyers for second straight session * Automakers lead gains, Ssangyong Motor spikes SEOUL May 20 (Reuters) - South Korean shares edged higher on Monday, led by automakers and refiners as Wall Street extended its bull run, helping to overcome worries about North Korea's firing of short-range missiles at the weekend. The Korea Composite Stock Price Index ...
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| Five Good Minutes: Sitting Down with the Minds Behind the 2014 Chevrolet Silverado |
May 19th, 2013 |
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Chevrolet just went through its “super bowl,” as Chris Perry, vice president of marketing for the Golden Bowtie, said. This super bowl he’s talking about is the recent launch of 2014 Chevrolet Silverado. Like crosstown rival Ford and its F-150, the Silverado delivers the biggest numbers for any Chevrolet model sold in North America. Perry’s [...]
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| European Car Sales Highest in Almost Two Years In April |
May 19th, 2013 |
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After months and even years of discouraging news about the European new car market, a glimmer of hope is shining through the clouds that still shadow the European economy. Car sales in the European Union rose for the first time in April since September 2011, Bloomberg reports. The biggest gains were seen in the U.K., [...]
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| Battle of the Brits Video: Caterham Seven Super Sport vs. Land Rover Bowler EXR S |
May 19th, 2013 |
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The blokes over at Autocar decided they’d pit two respected icons of British performance, the Caterham Seven Super Sport and the Land Rover Bowler EXR S against each other. On-paper and in-person, the two vehicles could not be more different, the Caterham being a minimalist, lightweight open-top track car weighing only 1200 lb. The Bowler, [...]
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| Four cars derail after two trains crash near Medicine Hat |
May 19th, 2013 |
A conductor was taken to hospital after two CP trains collided and derailed four cars Saturday afternoon at a freight yard east of Medicine Hat.Investigators with CP and the Transportation Safety Board of Canada were called at about 1:30 p.m. to the crash site east of the hamlet of Dunmore near Highway 41.Both trains were travelling in the same direction when one crashed into the tail end of the ...
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| Video: The Making of the Rolls-Royce Wraith Launch Video |
May 19th, 2013 |
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In order to capture the essence of the car, the makers of the launch video for the all-new Rolls-Royce Wraith decided to play up the name. They showcased the luxury sedan in two different locations–the woods and a mansion. Each location has been kept secret. By shooting the video at night, creating a foggy atmosphere, [...]
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| Auto Outlook Is the driving boom over domestic cars quality up |
May 19th, 2013 |
A 2013 Dodge Dart is seen at the 2012 Los Angeles Auto Show held at the Convention Center in Los Angeles, California on November 29, 2012. UPI/Phil ...
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| Mercedes-Benz Club holds annual event in Alabama |
May 19th, 2013 |
TUSCALOOSA, Ala. (AP) - Mercedes-Benz enthusiasts and technical experts from across the U.S. are meeting in Alabama. The Tuscaloosa News reports ...
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| Holdens signs similar to Mitsubishi when it closed Adelaide plant |
May 19th, 2013 |
HOLDEN is in danger of shutting its manufacturing operations and could bring the rest of the car industry down with it. That's the warning from University of Adelaide Associate Professor John Spoehr, who says he is seeing similar signs to the lead-up of Mitsubishi's Adelaide factory closure in 2008. LABOR MP SEEKS TARIFFS TO SAVE HOLDEN JOBS "I'm very concerned about the ...
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| Grand opening held for Model A museum in Michigan |
May 19th, 2013 |
Hickory Corners - A new Ford dealership opened up in southwestern Michigan. Actually, it's a very old one. The Model A Ford Museum held its grand opening ceremony on Saturday. Fashioned after a Ford dealership from 1928, the 12,000-square-foot museum sits on the Gilmore Car Museum campus in Hickory Corners, about 115 miles west of Detroit. The new facility is the world's largest public ...
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| Aston Martin Rapide S Hydrogen Hybrid makes history at the Nurburgring |
May 19th, 2013 |
claiming the first ever zero emissions lap in an international motor race at the 41st ADAC Zurich Nurburgring 24 Hours, in Germany. Based on the recently ...
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| General Motors Celebrates 10th Anniversary of Middle East Parts Distribution Center |
May 19th, 2013 |
Dubai, May 19. (BNA) -- General Motors has passed a major milestone with the 10th anniversary of its Middle East Parts Distribution Center (MEDC) located in the Jebel Ali Free Zone in Dubai. The MEDC was initially leased from DHL, when it first opened in 2003. The center stocks and supplies GM service parts for its lineup of vehicles sold under the Chevrolet, Cadillac and GMC brands. It ...
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| Aston Martin’s CC100 Speedster Concept is a DBR1 for the 21st Century |
May 19th, 2013 |
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During Aston Martin’s 100 years of existence, it has won the 24 Hours of Le Mans just once, and that was way back in 1959 (with no less than Carroll Shelby and Roy Salvadori as co-drivers). If it’s shocking that a dedicated sports-car manufacturer with a rich motorsports background only took the checkered flag once [...]
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| 2013 Mercedes-Benz Sprinter 2500 Cargo Van review notes: Ready to haul |
May 19th, 2013 |
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SENIOR EDITOR AT LARGE J.P. VETTRAINO: Go ahead, laugh at the old guy. He's geeked at the prospect of seat time in a
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| Aston Martin CC100 Speedster Concept Celebrates Brand’s 100 Years |
May 19th, 2013 |
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The Aston Martin CC100 Speedster Concept made its world debut today by lapping the Nordschleife at Germany’s ADAC Zurich 24 Hours of Nürburgring race. Built to celebrate a century of Aston Martin sports cars, the CC100 Speedster concept’s shape is inspired by the race-winning 1959 DBR1 as well as hinting at Aston Martin’s possible future [...]
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| Southern Classics & NC BBQ Event to Benefit Staff of Hope |
May 19th, 2013 |
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June 1 Event Features Classic Cars, BBQ Competition & More
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| Toyota plans to increase lith-ion car battery output |
May 19th, 2013 |
Toyota Motor Corp is planning to increase production of lithium-ion batteries by six times, as the automaker prepares to eventually use them in its flagship Prius gasoline-electric hybrid cars, ...
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| Jewish Settlers Throw Molotov Cocktails at Palestinians Cars |
May 19th, 2013 |
Ramallah, May 19 (BNA) - Jewish settlers from Bethel settlement attacked citizens' cars by Molotov cocktails on the Ramallah-Nablus road near Jalazone Camp, burning a civilian vehicle. No injuries were reported. According to Palestinian media reports this morning, a group of settlers threw stones and Molotov cocktails at passing cars and burned a vehicle after being directly attacked by a ...
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| Auto world shifts gears to emerging markets India to ride the high tide |
May 19th, 2013 |
Expressing surprise over S&P's threat to downgrade India's credit rating, India Inc termed the agency's affirming its negative outlook on the country as unfortunate and ...
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| Toyota Auris Hybrid car review |
May 19th, 2013 |
Toyota's Auris Hybrid - an eco car that does almost 75 miles to a gallon with just a nostril caressing whiff of emissions - 85g/km. The ethically pure Auris is as clean as Jay Rayner's dinner plate...The notion of a green car will, of course, always be oxymoronic. Like false truths, turkey ham or Arsenal trophies, some pairings seem poles apart. But manufacturers are working hard at ...
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