| Goldman unit to exit Geely Auto with selldown of up to $315 mln -IFR |
Oct 8th, 2013 |
HONG KONG | Tue Oct 8, 2013 5:39am EDT HONG KONG Oct 8 (Reuters) - Goldman Sachs Principal Investment Area, the private equity unit of the U.S. securities firm, plans to exit its investment in Chinese firm Geely Automobile Holdings Ltd., selling its entire stake in an offering worth up to $315 million, IFR reported on Tuesday, citing a term sheet of the deal. The Goldman Sachs unit is ...
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| Asian demand boosts Rolls-Royce |
Oct 8th, 2013 |
Phantoms, Ghosts and now Wraiths are stalking the streets of Asia and Torsten Mueller-Oetvoes, the chief executive of Rolls-Royce Motor Cars, could not be more pleased.The top-end car maker, a unit of Germany's BMW AG, still sees untapped potential in China - its No.2 market after the US - but hot spots in Asia include Japan, the Philippines, Thailand and Vietnam, Mueller-Oetvoes ...
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| 4 Big Reasons Why People Are Giving Up Cars |
Oct 8th, 2013 |
reports that the share of American families without a car had been declining since 1960. It hit an all-time low of 8.7 percent in 2007. But in 2011, the latest year for which information is available, the number of car free families stood at 9.3 percent, or roughly one of every 10 families. To be sure, car free families are a distinct minority. The study shows that 34.1 percent of the ...
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| 2013 Nissan Maxima Video |
Oct 8th, 2013 |
5-year-old seventh generation is well-served by its relative lengthiness of tooth. Cars.com reviewer Kelsey Mays says this is particularly evident in the lively acceleration from the 2013 Maxima's 290-horsepower, 3.5-liter V-6, assisted by an effective continuously variable automatic transmission; physical buttons on the navigation system are also a welcome throwback. Still, if Nissan ...
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| 2015 Cadillac Escalade More Photos |
Oct 8th, 2013 |
Cadillac's flagship of bling has been redesigned for 2015 with a bold face, chiseled body and opulent cabin. Fresh styling joins an updated powertrain and an interior loaded with tech, safety and convenience features. ...
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| BMW to launch 3-Series GT model in India early next year |
Oct 8th, 2013 |
German luxury car maker BMW today said it plans to launch its new model 3-Series GT in India and also start its production in the country by early next ...
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| Sketches of Mopar-modified Chrysler vehicles to inspire ultimate customization |
Oct 8th, 2013 |
Twenty Mopar-modified Chrysler, Jeep, Dodge, Ram, Fiat and SRT vehicles are headed for the Specialty Equipment Market Association (SEMA) show in Las Vegas. ...
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| Chrysler said to add 500 jobs at Mexico plant to build engines |
Oct 8th, 2013 |
Chrysler Group LLC, the U.S. automaker controlled by Fiat SpA, will add about 500 workers at a Mexican engine plant, two people with direct knowledge of the matter ...
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| Khanna raises $500K in bid vs. Honda |
Oct 8th, 2013 |
California Democrat Ro Khanna pulled in about half as much money in the third quarter as he did in the second - and still rests comfortably in the top tier of 2014 House fundraisers.Khanna raised $504,450 in the third quarter and has $1.9 million on hand, his campaign said Tuesday. That’s less of a leap than his $1 million-plus ...
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| Ryder Signs Pennsylvania Macaroni to Flex-to-Green Lease for Natural Gas Trucks |
Oct 8th, 2013 |
Full Service Lease with the added option to convert their vehicles to natural gas after one year. Pennsylvania Macaroni is a family-owned and operated Italian speciality food retailer that distributes produce and grocery products in the city of Pittsburgh, Pa. and has been in business since 1902. With an existing fleet of eight Ryder lease and six company-owned vehicles, Pennsylvania Macaroni ...
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