| Drowsy driving identified as a safety issue |
Oct 29th, 2013 |
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Most drivers in the U.S. are familiar with the dangers of drunk driving and distracted driving. Drowsy driving is, however, nearly as dangerous.
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| Consumer Reports pulls Toyota recommendations |
Oct 29th, 2013 |
Influential magazine Consumer Reports pulled its recommendation on three Toyota vehicles on Monday, including the popular flagship Camry sedan, due to poor crash test results.While Toyota's luxury Lexus and namesake brands were ranked most reliable in the U.S. auto industry in Consumer Reports' annual new-car reliability survey, the magazine said it will no longer recommend the Camry, ...
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| UPDATE 2-Sears weighs hiving off Lands End and auto center units |
Oct 29th, 2013 |
Tue Oct 29, 2013 4:52pm EDT By Dhanya Skariachan Oct 29 (Reuters) - Struggling U.S. retailer Sears Holdings Corp, led by hedge fund manager Edward Lampert, sold some Canadian real estate assets for $383 million and said it is considering separating its Lands' End clothing and auto center businesses to raise cash. The news overshadowed weak preliminary results for the third quarter and boosted ...
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| Govt bailout of GM has led to loss of nearly $10bn |
Oct 29th, 2013 |
WASHINGTON - The government's nearly $50 billion bailout of U.S. automaker General Motors Co has booked a loss of $9.7 billion, according to a quarterly report to Congress on Tuesday. At the height of the financial crisis in 2009, as GM teetered on the brink of bankruptcy, the government bailed out the giant Detroit auto maker with $49.5 billion in loans in exchange for $2.1 billion in ...
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| Sears may separate Lands’ End Auto Center as sales slide |
Oct 29th, 2013 |
Sears Holdings Corp. is considering splitting off its Lands' End clothing and Sears Auto Center businesses, after another quarter of declining same-store sales.The company's shares rose 7 per cent, as investors assessed the latest attempt by the operator of Sears department stores and the Kmart discount chain to turn around its ...
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| 3 cars destroyed in fire at Hempstead Meineke |
Oct 29th, 2013 |
Firefighters from Long Island who have died in the line of duty Firefighters quickly put out a blaze Tuesday at a Meineke Car Care Center in Hempstead after gasoline was spilled and "accidentally ignited" while work was being done on a car, a fire official said. No one was injured in the South Franklin Street fire that was called in at 2:17 p.m. and took around 30 minutes to put out, ...
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| Hyundai ix35 Series II brings engineering and pricing revisions |
Oct 29th, 2013 |
ix35 Active 2WD, though mid-spec Elite and range-topping Highlander models increase by $300-$400. Petrol four-cylinders in 2.0-litre and 2.4-litre sizes continue but this time they feature direct fuel injection. The ‘Nu’ 2.0-litre, already found in the mid-size i40, produces the same 122kW as the previous 2.0L but increases torque output from 197Nm to 205Nm, with fuel consumption ...
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| General Motors Tab To Uncle Sam Is $9.7 Billion So Far Says TARP Special Inspector General |
Oct 29th, 2013 |
The special inspector general for the Troubled Asset Relief Program released its quarterly report Tuesday, providing the latest comprehensive snapshot of where we are with TARP, how much U.S. taxpayers are owed and how much they will never ...
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| Chryslers amended IPO paperwork acknowledges problems |
Oct 29th, 2013 |
Chrysler Group LLC has amended paperwork it filed with the U.S. Securities and Exchange Commission in advance of its initial public stock offering, raising new flags about the ...
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| Grand Theft Auto V revs up Take-Twos results |
Oct 29th, 2013 |
Reuters © Game enthusiasts purchase the latest release of "Grand Theft Auto Five" after the game went on sale at the Game Stop store in Encinitas, California September 17, 2013. REUTERS/Mike ...
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