| NDDC to distribute 40 fire trucks to nine states |
Oct 25th, 2013 |
Atako said the commission was committedto partnering with the nine states inthe Niger Delta region and other agencies toaddress the development challenges facing the ...
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| Toyota loses sudden-acceleration suit |
Oct 25th, 2013 |
Toyota Motor is liable for a 2007 crash that left one woman dead and another seriously injured after a Camry suddenly accelerated, an Oklahoma City jury decided. The jury on Thursday awarded $1.5 million in monetary damages to Jean Bookout, the driver of the car who was injured in the crash, and $1.5 million to the family of Barbara Schwarz, 70, who died. It also decided Toyota acted with ...
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| RPT-Fitch Resilient U.S. Auto ABS Stays On Course in September |
Oct 25th, 2013 |
Performance of U.S. auto ABS continues to exceed expectations even in a time of the year when performance is weakest, according to the latest index results from Fitch ...
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| Tesla Grabs An Ex–Apple VP To Develop Next Gen Cars |
Oct 25th, 2013 |
Doug Field used to be VP of Mac Hardware Engineering at Apple--a pretty critical role since the Mac is one of Apple's biggest icons, and its hardware has been leading the PC design field recently. Now ...
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| Bad credit can double auto insurance premiums |
Oct 25th, 2013 |
(MoneyWatch) If you think your zip code can sabotage your auto insurance rates, you should see what happens if you let your credit slip. Drivers with poor credit pay twice as much -- 91 percent more on average -- than those with excellent credit scores, according ...
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| Novelis Expands Automotive Aluminum Sheet Capacity in Oswego New York |
Oct 25th, 2013 |
Novelis, the world leader in aluminum rolling and recycling, today commissioned a $200 million expansion of its rolling operations in Oswego, NY. The expansion increases the company's North American capacity for producing aluminum sheet for the automotive industry by 240,000 tons, five times the company's existing capacity in the ...
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| Volvo cutting 2000 jobs as profit falls on new trucks launch |
Oct 25th, 2013 |
The world's number two truck maker Volvo posted a sharp drop in third-quarter profit, hit by a strong Swedish currency and the costs of its biggest ever introduction of new models.Volvo, Sweden's largest private-sector employer, also said on Friday it will cut 2,000 jobs as part of a plan announced in September to generate annual savings of 4 billion Swedish ...
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| China insurers post big profit gains counter auto insurance worries |
Oct 25th, 2013 |
Fri Oct 25, 2013 8:27am EDT * China Life Q3 net profit 7.5 bln yuan vs loss a year earlier * Ping An Insurance Q3 net profit 5.4 bln yuan vs 2.1 bln yuan a year earlier * Price competition pushes auto sector to verge of non-profitability By Lawrence White HONG KONG, Oct 25 (Reuters) - China's two biggest insurers reported huge gains in profitability as life premium incomes rose and returns on ...
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| Audi Prices 2015 A3 Sedan |
Oct 25th, 2013 |
The compact luxury wars are heating up. Audi's new A3 sedan will start at $30,795, including an $895 destination fee, when it goes on sale in the spring. That puts it squarely ...
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| Lear raises forecast as strong U.S. auto sales boost demand for parts |
Oct 25th, 2013 |
Fri Oct 25, 2013 7:51am EDT Oct 25 (Reuters) - Lear Corp raised its full-year forecast as demand rose for its auto seats and electric power systems due to strong vehicle sales in the United States. Lear shares rose 2 percent in premarket trading after the company reported an 11 percent rise in quarterly revenue. The company has benefited from an increase in demand for new cars in the United ...
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