| UAW trust pushing Chrysler IPO discloses $3.1B shortfall |
Oct 18th, 2013 |
The trust responsible for paying the health-care costs of some union retirees of Chrysler Group LLC faces $3 billion in unfunded obligations as it works to get the most for its stake that Fiat SpA wants to ...
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| Flying Cars Could Be a Reality in Two Years |
Oct 18th, 2013 |
Terrafugia says it will offer flying cars for sale. The company plans production of two "roadable" aircraft, the Transition, which as folding wings and must be driven to an airport for takeoff, and the TF-X, a car that could vertically take off and land. "The potential benefit to humanity of a practical flying car is tremendous," says Terrafugia CEO Carl Dietrich. ...
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| EU offers to end tariffs on Japanese auto parts - Nikkei |
Oct 18th, 2013 |
(Reuters) - The European Union is ready to eliminate tariffs on Japanese auto parts in exchange for Japan ending import duties on a range of European food items, the Nikkei said.Japanese companies export about 500 billion yen (3.16 billion pounds) of auto parts to the EU every year and are charged about 3-4.5 percent in tariffs by the EU, according to the business daily.Officials of the two ...
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| Younger Generations Place Higher Value on Car Tech |
Oct 18th, 2013 |
Interest in advanced car technology when broken down by generation is highest among the youngest drivers and lowest among the oldest -- but that's inversely proportional to those age groups' ability to pay for it. So-called millennials are not only the most technologically savvy age group, but also the most willing to pay extra for advanced features in cars. Still, their budgets are ...
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| 3 arrested in Maine after meth lab found in cars |
Oct 18th, 2013 |
ELLSWORTH, Maine - Police have arrested three people from northern Maine after a meth lab was found in vehicles at a hotel parking lot.Police say they found the ingredients for meth in a blue sedan and saw meth being actively made in a black pickup truck at the Hampton Inn in Ellsworth.The hotel's employees reported suspicious activity in the parking lot on Thursday night.Ellsworth Police ...
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| Daimler challenge to EPA diesel certificates tossed by court |
Oct 18th, 2013 |
A challenge by four truckmakers including Daimler AG to an Environmental Protection Agency rule allowing Navistar International Corp. to continue producing engines that ...
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| San Francisco Bay area commuters turn to cars charter buses with train strike underway |
Oct 18th, 2013 |
Commuters in the San Francisco Bay Area got up before dawn on Friday and endured heavy traffic on roadways, as workers for the region's largest transit system walked off the job for the second time in four ...
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| Toyota Recall Affects 803000 Vehicles Company Warns of Possible Airbag Malfunction |
Oct 18th, 2013 |
Toyota has just announced a voluntary recall that affects more than 800,000 vehicles. The recall affects 2012-2013 models of the Camry, Camry Hybrid, Avalon, Avalon Hybrid, and the Venza. According to Toyota, the reason for the recall is an issue with the air conditioning condenser unit housing. In the worst case scenario, the issue could cause the car’s airbags to suddenly deploy, or ...
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| Toyota Is Recalling More Than 800000 Cars Because Spiders |
Oct 18th, 2013 |
spread across the U.S., Canada, Mexico, and 16 other countries. Airbags, it seems, have been spontaneously deploying on some of those vehicles--a state of affairs that can range from the merely annoying to the life-threatening. Power steering, even more ominously, may also be affected. As may cars' warning lights. The difficulty stems, the company believes, from a problem withan air ...
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| 2014 Porsche Macan Sneak Preview |
Oct 18th, 2013 |
will soon welcome a smaller sibling to the family; the 2014 Porsche Macan will make its official debut at the Los Angeles Auto Show, but the automaker posted a preview of the new compact SUV on its Facebook page. Porsche originally announced the Macan early last year and has released few details since. The compact SUV's sloping roofline, sleek lines and coupelike silhouette places it ...
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